Which of the following statements about two-part tariffs is false?

A) Because each individual has a different individual demand curve, if there is just one entrance fee some consumers will be able to reap some consumer surplus.
B) The producer cannot capture the entire consumer surplus because the entrance fee might discourage some potential consumers even though they would have been willing to pay a lesser entrance fee.
C) For two-part tariff pricing to be successful, the producer must be able to identify two distinct customer groups.
D) Two-part tariff pricing allows a producer to capture the entire consumer surplus.

C

Economics

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Refer to the scenario above. The seller will earn a revenue of ________

A) $100 B) $300 C) $200 D) $400

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If Congress fails to pass a budget before the fiscal year starts, then federal agencies may continue to operate only if Congress has passed a:

a. balanced budget amendment. b. deficit reduction plan. c. conference resolution. d. continuing resolution.

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