this is question with multiple choice. It will be on file please

Question 24 Which of the following undermines a firm's ability to engage in price discrimination? O the inability to prevent resale of the product from one market segment to another O buyers having different elasticities of demand for the product O the seller's market power O the seller's ability to segment the total market Question 25 If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and bandanas at $3 and gets 12 units of marginal utility from the last bandana purchased, she O wants to consume less of both ankle sock and bandanas. O wants to consume more of bandanas and fewer ankle socks. is maximizing total utility and does not want to change their consumption of ankle socks or bandanas. O wants to consume more ankle socks and fewer bandanas. Question 26 The graph depicts a monopolistically competitive firm (a price searcher with low entry barriers). ollars ($) 8 8 10 20 35 45 50 Quantity of Output (Units) Refer to the graph above. In the short run, this monopolistically competitive firm will set price at: O $55 and produce 45 units of output $65 and produce 35 units of output $50 and produce 35 units of output $52 and produce 50 units of output Question 27 If you own a building and you decide to use that building to open a book store, O there are no sunk cost O there is an opportunity cost of wilding for a book store because it could have been used in other ways O the only cost rele price you paid for the building O there is no opportunity cost of using the building for a book store since you own it Question 28 Suppose a competitive firm is paying a wage of $12 an hour and sells its product at $3 per unit. Assume that labor is the only input. If hiring another worker would increase output by three units per hour, then to maximize profits the firm should O hire another worker. O not hire an additional worker. O There is not enough information to answer the question. O raise wages of its workers