Respuesta :
Answer:
- Under Single Price Monopoly, absolute surplus is not maximized.
- The profit-maximizing efficiency in Perfect Price Discrimination is correlated with no extra weight loss
- Barefeet generates quantity less than the productive quantity of boots in single-price Monopoly.
Explanation:
A single-price monopoly is a corporation, who must sell every unit of its production to all its consumers for the same rate. so there is no way to maximize surplus.
A price-discriminating monopoly is a corporation able to sell various units of a product or service at various price points. Therefore, by adjusting their prices they have opportunities to increase their income.
Single-price Monopoly versus Perfect Price Discrimination;. The answers are based on the heading above.
- Total surplus is not maximized in Single-price Monopoly.
- Barefeet produces a quantity less than the efficient quantity of Ooh boots in Single-price Monopoly.
- There is no deadweight loss associated with the profit-maximizing output in Perfect Price Discrimination.
Price discrimination is simply known as a selling strategy that often charges customers different prices for the same product or service. It is often due to what the seller thinks they can get the customer to agree to.
A single-price monopoly is simple defined as when a firm want to really sell each unit of its output using the same price to all its customers.
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