Compared to monopoly pricing, an optimal two-part tariff
A) equates marginal revenue and average revenue. B) reduces economic efficiency.
C) eliminates the deadweight loss. D) increases consumer surplus.
C
Economics
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An increase in investment combined with a decrease in education would have an indeterminate effect on both short run and long run aggregate supply
a. True b. False Indicate whether the statement is true or false
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A market is not really a place but rather the process of buyers and sellers exchanging goods and services
a. True b. False Indicate whether the statement is true or false
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