Question 5 Not yet saved Marked out of 1.00 P Flag question Compared to setting

Question

Question 5 Not yet saved Marked out of 1.00 P Flag question Compared to setting a single price, if a firm can price discriminate it Select one: A. has no change in its economic profit from when it set a single price. OB. makes a lower economic profit. O C. makes zero economic profit. O D. makes a larger economic profit. ?E. might increase, decrease or not change its economic profit depending on whether as a single price monopoly its marginal revenue curve was above, below or the same as its demand curve Previous page Next page

Explanation / Answer

If a firm can price discriminate then it might increase, decrease or not change in its economic profit depending on whether as a single price monopoly its marginal revenue curve was above, below or the same as demand curve.

A monopoly that price discriminate can increase its economic profit and decrease in output.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.