Suppose you are a monopolist and you have two​ customers, A and B. Each will buy either zero or one unit of the good you produce. A is willing to pay up to ​$ for your​ product; B is willing to pay up to ​$. You produce this good at a constant average and marginal cost of ​$. If you could not engage in​ third-degree price​ discrimination, what price would you​ charge? A. ​$. B. ​$. C. ​$. D. ​$. If you could practice​ third-degree price​ discrimination, you will earn a profit of ​$ nothing. ​(For ​simplicity, assume that if a consumer is indifferent between buying and not​ buying, he will buy​.)

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.