Quiz_167 - 106 ,withanoptimaltwo-parttariff A -feeportion B C D 106 Answer C Diff:2 PageRef:534-536\/534-536 Topic Two-Part

Quiz_167 - 106 ,withanoptimaltwo-parttariff A -feeportion B...

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106) If marginal cost is zero, with an optimal two-part tariff, A) the firm does not have to charge a fixed-fee portion.B) consumers maximize their surplusC) total revenue is maximized.D) firms may not maximize profit.Answer: C106)Diff: 2Page Ref: 534-536/534-536Topic: Two-Part TariffLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective ThinkingFigure 16-4 107)Refer to Figure 16-4.Suppose the firm represented in the diagram decides to use a two-partpricing strategy such that it charges a fixed fee and a per-unit price equal to the monopoly price.What is the quantity it should produce? 107)Diff: 2Page Ref: 534-536/534-536Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Analytic Skills 108)Refer to Figure 16-4.Suppose the firm represented in the diagram decides to use a two-partpricing strategy such that it charges a fixed fee and a per-unit price equal to the monopoly price.What is the per-unit price? 108)Diff: 2Page Ref: 534-536/534-536Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopolies AACSB: Analytic Skills 34
109)Refer to Figure 16-4.Suppose the firm represented in the diagram decides to use a two-partpricing strategy such that it charges a fixed fee and a per-unit price equal to the monopoly price.What is the revenue collected from the fixed fee portion of the price? 109)Diff: 2Page Ref: 534-536/534-536Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Analytic Skills

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