If a monopolist can engage in perfect price discrimination, then: a. consumer surplus is maximized. b. it produces at the socially efficient level. c. the government may impose fines on the monopolist. d. producer surplus is minimized. e. each consumer pays the lowest possible price.

What are ways individuals may reduce their total education and training costs?

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Identify the three components of a family's culture and provide one example from your own experience