Multiple Choice
When mark-up equals 50% and AC = MC,then demand elasticity will be
A) -1.
B) -1.5.
C) -2.
D) -3.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: Third-degree price discrimination exists when<br>A)the seller knows
Q44: Under conditions of first-degree price discrimination<br>A)production will
Q45: Cartel agreements tend to break down<br>A)during economic
Q46: A successful and stable cartel can be
Q47: Second-degree price discrimination occurs when<br>A)different prices are
Q49: "Tying" is a form of price discrimination
Q50: Assume that a multinational company produces components
Q51: Barometric price leadership can occur when oligopolistic
Q52: A monopolistic firm operates in two separate
Q53: Why does each of the following facilitate