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7 1 point It is possible for monopoly to implement peak-load pricing because ...... O the marginal cost curve shifts up during peak season the

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7 1 point It is possible for monopoly to implement peak-load pricing because ...... O the marginal cost curve shifts up during peak season the marginal revenue curve shifts to the right driven by peak season the demand curve shifts to the right driven by peak season O marginal cost increases due to higher quantity produced. 8 1 point Which of the below are TRUE about peak-load pricing? a) marginal cost curve shifts up during peak season. b) demand curve shifts to the right driven by peak season c) average variable cost increases due to peak season d) marginal cost increases due to higher quantity produced O a and b band c b, c and d O band d 9 4 points Provide an example of two-part tariff pricing. Explain how the two-part tariff pricing is implemented. B IYA . A . TB = = X X 12pt Paragraph fi

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