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Ecn 104 chapter 13 test - Study guides, Class notes & Summaries

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ECN 104 Chapter 13 Test Questions and Answers 100% Correct

  • ECN 104 Chapter 13 Test Questions and Answers 100% Correct

  • Exam (elaborations) • 2 pages • 2024
  • ECN 104 Chapter 13 Test Questions and Answers 100% Correct 2 types of price regulation - Answer- 1. avg cost pricing ( P = ATC ) 2. Marginal cost pricing ( P = MC) Price discrimination - Answer- charging different prices for same good in order to increase profits. single price monopolist - Answer- offers its product to all consumers at the same price Perfect price discrimination - Answer- charges each consumer price equal to their willingness to pay to maximize profit - Answer- ...
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