Under a two-part tariff system, some consumers will

Name: Under a two-part tariff system, some consumers will
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Under a two-part tariff system, consumers are charged a fixed fee in addition to the price of the product. This fixed fee is intended to make up for fixed costs of production or infrastructure costs. However, some consumers may not be able to afford the high price and fee, which may result in lower demand or no consumption at all. Therefore, both options A and B are correct.

Under a Two-Part Tariff System, Some Consumers Will