14. Which of the following is true when comparing two-part tariffs to ordinary price

discrimination?

(A) More profit is generated with ordinary price discrimination.

(B) More profit is generated with two-part tariffs.

(C) Both price schemes generate the same amount of profit in different ways.

(D) Both price schemes generate the same amount of profit in the same way.

15. An all-or-nothing demand curve:

(A) tells us the total value of a given quantity.

(B) tells us the marginal value of a given quantity.

(C) is the same as an ordinary demand curve.

(D) tells us the average value of a given quantity.