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

Author Question: An article on how prices in South Bend, Indiana rise during Notre Dame home football games noted: ... (Read 35 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
An article on how prices in South Bend, Indiana rise during Notre Dame home football games noted: For the Sept. 16 game against the University of Michigan, the South Bend Marriott is charging 649 a night for a double room....
 
  The Marriott's regular weekend price is 149 a night.
  Which of the following statements is true?
  A) The Marriott has adopted this pricing strategy to capitalize on arbitrage profits.
  B) There is no evidence of price discrimination; the Marriott is responding to increased demand for hotel rooms in the face of constant supply.
  C) The Marriott is practicing first-degree price discrimination by charging what the market will bear.
  D) This is evidence of third-degree price discrimination because hotel accommodation on a particular day is not a product that can be resold later.

Question 2

GDP in a country grew from 10 billion to 14 billion over the span of 5 years. The average annual growth rate of GDP was
 
  A) 4. B) 7. C) 10. D) 40.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
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 25% of students answer this correctly




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

For a complete list of videos, visit our video library