1 In which pricing strategy could a monopolist exert revenue from the marginal customer in a competitive market setting?

a) Two-Part Tariff with various types of customers

b) Third-degree price discrimination

c) First-degree price discrimination

d) Second-degree price discrimination

2. List two advantages of Peak-Load Pricing and provide each example

3. What is your opinion on peak-load pricing? (e.g., Every monopoly should use it! It should be banned! It should be regulated! etc.) Think about the perspective from which you want to make your argument (efficiency-based, consumer-centered, from a political vantage point, etc.), make your standpoint clear, and convince me of your arguments.