--%>

Maximizes profits or minimizes losses by price discriminate

When it is feasible for total revenue to exceed variable costs, in that case a monopolist which does not price discriminate maximizes profits or minimizes losses from producing the output where marginal revenue is: (w) equals average revenue. (x) most greatly exceeds average cost. (y) equals marginal cost. (z) most greatly exceeds marginal cost.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Process of Capitalization

    Capitalization is a process: (a) that converts fixed cost into variable cost. (b) by which predictable income flows are translated into wealth. (c) of financial intermediation by bankers. (d) of exploiting unskilled workers.

    Q : Analytic Time-The Market Immediate The

    The analytical period of time is very short that the firm could not adjust output by hiring more or less of a variable resource was recognized by Alfred Marshall as: (1) Immediate or market period. (2) Long run. (3) Short run. (4) Technological or temporal long run.

  • Q : Problem on volatility of prices Can

    Can someone help me in finding out the right answer from the given options. In long run, the activities of successful speculators tend to: (i) Decrease the volatility of prices. (ii) Attract legal attention resultant in imprisonment. (iii) Raise the level and volatili

  • Q : Problem on Economic Capital Your

    Your construction company just bought a bulldozer on credit. From the viewpoint of your company, this bulldozer is an illustration of: (i) Liability. (ii) Fixed costs. (iii) Net variable cost. (iv) Capitalization. (v) Economic capital.

    Q : Positive economic profit and accounting

    Purely competitive equilibrium, in long-run firms normally experience positive accounting profit and economic profit which is: (w) also positive, but smaller. (x) zero. (y) negative, but barely that why. (z) either positive, zero, or negative.

  • Q : Illustrates the Loren curve by total

    When 40 percent of total personal income was received by 20 % of the highest income families, in that case the: (w) income distribution would be perfectly equal. (x) income pattern would be foreign to the U.S. (y) Lorenz curve would be the 45 degree r

  • Q : Define factor market Factor market : It

    Factor market: It comprises of factors of production namely land, labor, capital and associations.

  • Q : Output produces by monopolistic

    This monopolistic competitor generates Q0 output where is: (1) MR = MC. (2) MSB > MSC. (3) average cost is not minimized. (4) P = ATC. (5) All of the above.

    Q : Define money Money : Money is what

    Money: Money is what money does. Or Money is something that is accepted as a medium of exchange and at similar time act as a store of value.

  • Q : Define open Market operation Open

    Open Market operation: Open Market operations term to the purchase or sale of government securities in an open market by the central bank of country.