Select the correct statements. Note. Multiple correct, multiple selections A. With first-degree price discrimination, the marginal revenue curve is below the demand curve, with the absolute value of the slope equal to twice the slope of demand B. With first-degree price discrimination, the marginal revenue curve is the same as the demand curve. C. With third degree price discrimination, the firm identifies different consumer groups, or segments in a market and then charges a price for each segment by setting the price equal to marginal cost D. With a block tariff (with two blocks), the consumer pays one price for units consumed in the first block of output (up to a given quantity) and a different (usually lower price for any additional units E. Mixed bunding is sometimes the most profitabile strategy for a firm because consumers prefer to spend on binges and make multiple purchases at the same time
Select the correct statements.
Note. Multiple correct, multiple selections
A. With first-degree
B. With first-degree price discrimination, the marginal revenue curve is the same as the demand curve.
C. With third degree price discrimination, the firm identifies different consumer groups, or segments in a market and then charges a price for each segment by setting the price equal to marginal cost
D. With a block tariff (with two blocks), the consumer pays one price for units consumed in the first block of output (up to a given quantity) and a different (usually lower price for any additional units
E. Mixed bunding is sometimes the most profitabile strategy for a firm because consumers prefer to spend on binges and make multiple purchases at the same time
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