Microeconomic - Explain the effects of low price-guarantee on the price

Question # 00791774 Posted By: dr.tony Updated on: 01/29/2021 09:37 AM Due on: 01/29/2021
Subject Education Topic General Education Tutorials:
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Microeconomic

Questions:

1. Explain the effects of low price-guarantee on the price. (1.5 Marks)

1. If a group of sellers could form a cartel, what quantity and price would they try to set? (1.5 Marks)

1. What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets. (2 Marks)

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  1. Tutorial # 00791043 Posted By: dr.tony Posted on: 01/29/2021 09:38 AM
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