This topic contains a solution. Click here to go to the answer

Author Question: Which of the following firms is not able to practice price discrimination? A) commercial airlines ... (Read 107 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
Which of the following firms is not able to practice price discrimination?
 
  A) commercial airlines B) the largest wheat farmer in Nebraska
  C) land-line telephone companies D) movie theaters

Question 2

Excess capacity is a characteristic of monopolistically competitive firms. What does excess capacity mean?
 
  A) It means that firms hire more than the minimum number of workers needed to produce the profit-maximizing level of output.
  B) It means that firms build plants that are not large enough to achieve minimum efficient scale.
  C) It means that firms do not produce the output level that corresponds to the minimum point on their average total cost curves.
  D) It means that firms produce with inefficient combinations of resources.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




ereecah

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library