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Revenues When a Firm Engages in Peak-Load Pricing Based on the Figure

Question 12

Multiple Choice

Revenues when a firm engages in peak-load pricing based on the figure below will be: Revenues when a firm engages in peak-load pricing based on the figure below will be: A) (P<sub>1</sub> × Q<sub>1</sub>) + (P<sub>4</sub> × Q<sub>3</sub>) . B) (P<sub>3</sub> × Q<sub>1</sub>) + (P<sub>4</sub> × Q<sub>3</sub>) . C) (P<sub>1</sub> × Q<sub>2</sub>) + (P<sub>2</sub> × Q<sub>3</sub>) . D) (P<sub>4</sub> × Q<sub>3</sub>) .


A) (P1 × Q1) + (P4 × Q3) .
B) (P3 × Q1) + (P4 × Q3) .
C) (P1 × Q2) + (P2 × Q3) .
D) (P4 × Q3) .

Correct Answer:

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