MOST IMPORTANT MCQ
Business/Managerial Economi
UGC NET COMMERCE / MANAGEME
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, OUR COURSES FOR NET/JRF DEC 201
COMMERCE | MANAGEMENT
UNIT SNAPSHOT FREE
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, QUESTION
Q1. A firm will realize the highest level of profit if it is able to
engage in which degree of Price Discrimination?
1. first-degree price discrimination
2. second-degree price discrimination
3. third-degree price discrimination
4. fourth-degree price discrimination
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, Price Discrimination
First-degree Price Discrimination: Refers to a price discrimination in which a monopolist cha
maximum price that each buyer is willing to pay. This is also known as perfect price discriminati
involves maximum exploitation of consumers.
Under perfect price discrimination the demand curve of the buyer, like under simple mo
becomes the marginal revenue curve of the seller.
First degree is practiced by lawyers and doctors
www.everstudy.co.in
Business/Managerial Economi
UGC NET COMMERCE / MANAGEME
www.everstudy.co.in
, OUR COURSES FOR NET/JRF DEC 201
COMMERCE | MANAGEMENT
UNIT SNAPSHOT FREE
UNITWISE PAST PAPERS (EXPLAINED) Rs. 549 Rs. 449
COMPLETE TEST SERIES Rs. 1499 Rs. 999
FULL VIDEO COURSE Rs. 9999 Rs. 5499
COMBO PACKAGE OF ALL OUR COURSES Rs. 12047 Rs. 6049
(Practical Units Combo Also Available)
www.everstudy.co.in
, QUESTION
Q1. A firm will realize the highest level of profit if it is able to
engage in which degree of Price Discrimination?
1. first-degree price discrimination
2. second-degree price discrimination
3. third-degree price discrimination
4. fourth-degree price discrimination
www.everstudy.co.in
, Price Discrimination
First-degree Price Discrimination: Refers to a price discrimination in which a monopolist cha
maximum price that each buyer is willing to pay. This is also known as perfect price discriminati
involves maximum exploitation of consumers.
Under perfect price discrimination the demand curve of the buyer, like under simple mo
becomes the marginal revenue curve of the seller.
First degree is practiced by lawyers and doctors
www.everstudy.co.in
