Timer
00:00
Answers
A
B
C
D
E
Stats
Difficulty—
John’s Pack and Ship uses price discrimination to capture consumer surplus. How much revenue did John's firm earn last week if it shipped \(100\) packages for customers?
1) For \(75\%\) of the packages John shipped, he charged the store-front rate. John charged the bulk-rate for the remainder of the packages
2) John’s store-front rate was \(\$4\), more than double his bulk-rate
The OA is E
1) For \(75\%\) of the packages John shipped, he charged the store-front rate. John charged the bulk-rate for the remainder of the packages
2) John’s store-front rate was \(\$4\), more than double his bulk-rate
The OA is E
