Which of the Following Statements Is True About Optimal Two-Part

Question 123
Multiple Choice

Which of the following statements is true about optimal two-part tariff and perfect price discrimination for a given demand curve? A) The total revenue received under the two pricing schedules is the same. B) The total revenue received under an optimal two-part tariff exceeds that received under perfect price discrimination. C) The total revenue received under an optimal two-part tariff is less than that received under perfect price discrimination. D) The total revenue received under an optimal two-part tariff could be greater than, less than or equal to that received under perfect price discrimination, depending on the fixed-fee portion of the two-part tariff.