With peak-load pricing, a firm

A) charges more for a good during periods of high demand.
B) charges more for a hotel room the higher up the mountain it is.
C) charges less for a good during periods of high demand, because of regulatory reasons.
D) is generally used during January and February.

A

Economics

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In this situation, the deadweight loss from monopoly is:

a. 0.40. b. 0.16. c. 0.12. d. 0.08.

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The marginal propensity to consume (MPC) is the slope of the:

A. GDP curve. B. disposable income curve. C. consumption function. D. autonomous consumption curve.

Economics