--%>
Assignment Help - homework help

Price discriminate by monopoly firms

Monopoly firms which can’t price discriminate: (a) are generally forced to shut down into the long run. (b) find this impossible to bar entry by new competitors within the long run. (c) by producing maximize profit where average total costs equal marginal costs [ATC = MC]. (d) producing lower quality outputs than monopolies which can price discriminate. (e) produce less than the allocatively-efficient level of output from the vantage point of society.

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Calculate price elasticity of demand

    Paradise Planners sold deluxe Hawaiian winter vacation’s 170 packages at a price of $1900, although only 130 tourists signed up while the price increased to $2100. Such Hawaiian vacations have a price elasticity of demand approximately equal to:

    		•
  • Q : Reason why giant corporations dominate

    John Kenneth Galbraith refuses theories which suppose profit maximization in competitive markets. According to him, the big corporations dominate the economic activity as: (1) Corporate managers look for maximum gains for stockholders. (2) Government policies are mani

    		•
  • Q : Variation in supply and demand curves

    These supply and demand curves for housing do NOT involve that the: (w) demand for housing has increased. (x) supply has increased, because rental price has risen. (y) equilibrium price and quantity of housing have increased. (z) housing market will c

    		•
  • Q : Domestic production possibilities curve

    Refer to the following domestic production possibilities curve for Karalex. The gain to Karalex from specialization and international trade is represented by a move from: 1) A to B. 2) C to A. 3) C to D. 4) B to E.

    Q : Competition in the long run Economic

    Economic profits produce competitive pressures which raise the industries: (w) price for output. (x) output and number of firms. (y) exit rate for established firms. (z) monopoly power in its largest firms. Hey fri

    		•
  • Q : Market-period supply curve For a purely

    For a purely competitive industry a market-period supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E.

    Q : Industry demand curve for monopoly and

    HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine is a pure monopoly, in that case this firm confronts a demand curve which is: (w) identical to the industry demand

    		•
  • Q : Existence of purely competitive farm in

    This purely competitive rose farm would most likely exit in this industry with the long run when the wholesale price per dozen roses fell below: (i) $4.50 per dozen roses. (ii) $5.00 per dozen roses. (iii) $5.50 per dozen roses. (iv) $6.00 per dozen r

    		•
  • Q : Analytic time of corn harvest The

    The period after one corn harvest is done and before the subsequent corn harvest begins is the: (1) short-run. (2) intermediate period. (3) long-run. (4) market period. (5) fiscal year for budgeting. Can someone explain/help me wit

    		•
  • Q : Goods and service problem The market

    The market system's answer to the fundamental question "Who will get the goods and services?" is essentially: 1) "Those willing and able to pay for them." 2) "Those who physically produced them." 3) "Those who most need them." 4) "Those who get utility from them."

    		•