higher prices and lower output
higher prices and higher output
lower prices and lower output
lower prices and higher output
tends to be inefficient
usually lowers the cost of production dramatically
creates synergies between the newly acquired firm and other government-owned companies
does none of the things described in these answers
Perfect price discrimination generates a deadweight loss
Price discrimination can raise economic welfare
Price discrimination requires that the seller be able to separate buyers according to their willingness to pay
Price discrimination increases a monopolist’s profits
there is some barrier to entry to that market
potential competitors sometimes don’t notice the profits
the monopolist is financially powerful
antitrust laws eliminate competitors for a specified number of years
increase output
decrease output
keep output the same because profits are maximized when marginal revenue exceeds marginal cost.
raise the price