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.

View Complete Question

Related Questions in Microeconomics

Q : Produce output by profit-maximizing

Unless this chooses to shut down since demand never exceeds average variable costs, in that case a profit-maximizing monopolist makes output where: (i) marginal revenue equals marginal costs [MR = MC]. (ii) marginal revenue minus marg

Q : Problem based on GDP Assume nominal GDP

Assume nominal GDP in the year of 2002 was $100 billion and in the year of 2003 it was $260 billion. The general price index in 2002 was 100 and in 2003 it was 180. Between 2002 and 2003 the real GDP rose by: A) 160 percent. B) 44 percent. C) 37 percent. D) 1

Q : Poverty line define officially Official

Official poverty rates for U.S. families [the “poverty line”] are: (a) higher than in most other countries. (b) very similar for different types of families. (c) higher for the middle class than for lower class families. (

Q : Shifting supply of curve by entry of

When the price for Christmas trees is initially P1, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will shift curve supply curve A to the right. (y) exit of firms will shift supply curve A to the left.

Q : When price of a good or resource drops

When the price of a good or resource drops/falls, the demands for: (i) that good or resource rise. (ii) Complementary goods or resources reduce. (iii) Replacement of goods or resources reduces. (iv) Luxury goods and inferior resources drop/fall.

Q : London Olympics-how will the economy be

‘Describe the influence of London Olympics on economy?’

Q : Minimum average costs at production

Nostalgia Corporation could accomplish minimum average costs for Silver Screen DVDs when this produced: (i) 4 million DVDs. (ii) 6 million DVDs. (iii) 8 million DVDs. (iv) 10 million DVDs. (v) 12 million DVDs.

Q : Total variable cost By refering the

By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48. C) $37. D) $24. </span

Q : Diminishing Marginal utility principle

Can someone help me in finding out the right answer from the given options. The experience that your very first kiss with a latest crush was more thrilling and satisfying than your 10th kiss 35 minutes later is an illustration of the: (i) Familiarity principle. (ii) N

Q : Marginal revenue at possible output

At each possible output level, there a purely competitive firm’s marginal revenue curve is: (w) above its demand curve. (x) below its demand curve. (y) identical along with its demand curve. (z) steeper than its demand curve.

Discover Q & A

Leading Solution Library

Avail More Than 1418360 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1934270
Asked

3,689

Active Tutors

1418360

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment