Business, 16.04.2021 14:00 robertobi1988
Question 2
Consider the following cost and revenue structure for Pristine Tea, a shop that specialises in
selling green tea.
Quantity
0
4
5
6
7
8
9
Total Revenue ($)
0
9
18
27
36
45
54
63
72
81
Total Cost ($)
31
35
40
46
53
61
70
80
91
103
Required:
(a) Is it possible for Pristine Tea to engage in price discrimination to boost the shop's earnings?
Why or why not?
Answers: 2
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Question 2
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