【单选题】A monopolist finds that a person's demand for its product depends on the person's age. The inverse demand function of someone of age y; can be written p = A(y)-q where A(y) is an increasing function o...
A.
older people will pay higher prices and purchase less of this product.
B.
older people will pay higher prices and purchase more of this product.
C.
older people will pay lower prices and purchase more of this product.
D.
everyone pays the same price but old people consume more.
【单选题】Suppose a monopoly's inverse demand curve is P = 100 -Q, it produces a product with a constant marginal cost of 20, and it has no fixed costs. Compared to the consumer surplus if the market were perfe...
【判断题】A profit-maximizing monopolist is able to practice third degree price discrimination. If he charges p 1 in market 1 and p 2 in market 2, where p 1 > p 2 ; it must be that the quantity sold in market 1...