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In Peak- Load Pricing, the Off- Peak Profit- Maximizing Quantity

Question 53

Multiple Choice

In peak- load pricing, the off- peak profit- maximizing quantity is _______ than the profit- maximizing quantity during the peak period and the profit- maximizing price during the off- peak period is ______than the profit- maximizing price during the peak period.


A) less; more
B) less; less
C) more; more
D) more; less

Correct Answer:

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