In the model of horizontal product differentiation, the monopolist’s optimal number of shops is ____ than the social optimum and is ____ than the optimal number if it is able to price discriminate (uniform delivered pricing).   a. less, more b. less, less c. more, less d. more, more

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter14: Indirect Price Discrimination
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In the model of horizontal product differentiation, the monopolist’s optimal number of shops is ____ than the social optimum and is ____ than the optimal number if it is able to price discriminate (uniform delivered pricing).

 

a.

less, more

b.

less, less

c.

more, less

d.

more, more

 

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