Refer to Figure 13-13. What is the output price?

Refer to Figure 16-5. Suppose the firm represented in the diagram decides to use a two-part pricing strategy such that it charges a fixed fee and a per-unit price equal to the monopoly price

What is the revenue collected from the fixed fee portion of the price? A) $10,240 B) $7,870 C) $2,560 D) $1,440

The above figure shows the payoff to two airlines, A and B, of serving a particular route. If the two airlines must decide simultaneously, which one of the following statements is TRUE?

A) Firm A has a dominant strategy. B) Firm B has a dominant strategy. C) Neither firm entering is a Nash equilibrium. D) The outcome of the game is unpredictable.