Quiz Space

Managerial Economics · Quiz 2 · 4 Aug 2024 · May 2024 term

Question 4: Consider the following two statements:\ I. Peak load pric…

Question 4

+1 markOne correct option

Consider the following two statements:
I. Peak load pricing is a form of price discrimination.
II. It makes consumers worse off.
Choose the True statements:

  1. A

    I

  2. B

    II

  3. C

    I and II both

  4. D

    None of these

Show answer

Correct answer

  • A

    I

Question 4 of 17 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 2 paper sat on 4 Aug 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB2 4 Aug 2024). It carries 1 mark.

More questions from this paper

  1. Q1Choose the incorrect statement
  2. Q2Choose the correct alternative
  3. Q3Choose the correct alternative about a monopolist
  4. Q5Nash equilibrium in this game is (are)
  5. Q6Choose the correct alternative
  6. Q7What is true about the optimal bundle of Mohan
  7. Q8Optimal quantity of food is x=_
  8. Q9Optimal quantity of clothing is y=_
  9. Q10How many TAs will the university hire as a monopsonist
  10. Q11What wage will it pay to a TA
  11. Q12What is the size of the excess supply in the market with the price floor? _
  12. Q13What is the consumer surplus?
  13. Q14What is the producer surplus?_
  14. Q15What is the deadweight loss?_
  15. Q16What is the profit-maximizing price per dose of Ageless (in \$)?
  16. Q17Choose the correct alternative