ECS2601 ASSESSMENT 3 SEMESTER 1 2025 For a monopolist the market price is affected by their choice of quantity. Select one: True False Which of the following is true for a Stackelberg model? a. Both firms have a reaction curve b. The first firm pr

5/10/25, 5:00 AM ECS2601-25-S1: Assessment 3




UNISA  2025  ECS2601-25-S1  Welcome Message  Assessment 3


QUIZ

Assessment 3


Opened: Tuesday, 22 April 2025, 12:00 PM
Closes: Tuesday, 13 May 2025, 8:00 PM



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Attempts allowed: 2

Grading method: Highest grade



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1 Finished 40.00 100.00 Not
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2 Finished 40.00 100.00 Not
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2025, 6:30 AM




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,5/9/25, 5:07 AM ECS2601-25-S1: Assessment 3




UNISA  2025  ECS2601-25-S1  Welcome Message  Assessment 3


QUIZ

Assessment 3


Opened: Tuesday, 22 April 2025, 12:00 PM
Closes: Tuesday, 13 May 2025, 8:00 PM



655110




Attempts allowed: 2

Grading method: Highest grade



Summary of your previous attempts

Attempt State Marks / 40.00 Grade / 100.00 Review


1 Finished 40.00 100.00
Submitted Friday, 9 May 2025, 5:06 AM




Highest grade: 100..00.




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, 5/9/25, 6:30 AM Assessment 3 (page 1 of 9)




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QUIZ




Question 1

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Marked out of 2.00




A monopolist engages in perfect price discrimination …


a. the marginal revenue curve becomes horizontal.

b.
the marginal revenue curve lies below the demand curve.



c.
marginal cost becomes zero.



d.
the demand curve and the marginal revenue curve are identical.




Clear my choice




Question 2

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For a monopolist the market price is affected by their choice of quantity.




Select one:

True

False




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