Quantcast

Got Homework?

Connect with other students for help. It's a free community.

  • across
    MIT Grad Student
    Online now
  • laura*
    Helped 1,000 students
    Online now
  • Hero
    College Math Guru
    Online now

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

NatalieLove

If a pure monopolist can price discriminate by separating buyers into two or more groups: Answer the marginal revenue curve and the total revenue curve will now coincide. the marginal revenue curve will now shift to a position above the demand curve. the firm will face multiple marginal revenue curves. marginal revenue will become less at each level of output than it would be without price discrimination.

  • one year ago
  • one year ago

  • This Question is Closed
  1. JakeV8
    Best Response
    You've already chosen the best response.
    Medals 0

    I suspect the third choice is correct, but I am not totally sure. The 4th answer seems incorrect... if that were true, no monopolist would choose to price discriminate, since it would reduce marginal revenue at all output levels, effectively reducing total revenue.

    • one year ago
  2. NatalieLove
    Best Response
    You've already chosen the best response.
    Medals 0

    Thank You Jake :)

    • one year ago
  3. JakeV8
    Best Response
    You've already chosen the best response.
    Medals 0

    You're welcome. I thought about it a little more... I don't think either of the first two choices really make sense either. So, still not 100% sure, but pretty sure it's the third choice. Good luck :)

    • one year ago
    • Attachments:

See more questions >>>

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.