1. The more block prices a monopoly can set instead of setting a single price, the A) smaller the deadweight loss. B) the more producer surplus. C) the larger the total welfare. D) All of the above. 2) A multimarket price discriminator sells its product in Florida for three times the price it sets in New York. Assuming the firms faces the same constant marginal cost in each market and the price elasticity of demand in New York is -2.0, the demand in Florida A) has an elasticity of -6.0. B) is more price elastic than the demand in New York. C) has an elasticity of -1.2. D) has an elasticity of -0.67. 3) Suppose all individuals are identical, and their monthly demand for Inter net access from a certain leading provider can be represented as p = 5-(1/2)q where p is price in S per hour and q is hours per month. The firms faces a constant marginal cost of $1. In the profit maximizing two-part tariff, the monthly access fee will equal A$1. B) $5. C) $8. D) $16. 4) Theaters charge lower prices for a matinee and usually don not accept coupons for the night showing of movies because A) consumers that attend the matinee have a higher price elasticity of demand. B) consumers that attend the night show have a lower price elasticity of demand. C) it increases profit compared to charging a single price. D) All of the above