Business, 21.12.2019 06:31 redraider4915
Suppose two types of consumers buy suits. consumers of type a will pay $100 for a coat and $50 for pants. consumers of type b will pay $75 for a coat and $75 for pants. the firm selling suits faces no competition and has a marginal cost of zero. if the firm charges $100 for a suit (which includes both pants and a coat), the firm will sell a suit to:
a. type a consumers.
b. type b consumers.
c. type a consumers and type b consumers.
d. none of the answers are correct
Answers: 3
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Suppose two types of consumers buy suits. consumers of type a will pay $100 for a coat and $50 for p...
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