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 98 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
Wow, this really help


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library