This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Price discrimination requires: a. a firm to be a competitive firm. b. a firm to be able to segment ... (Read 98 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Price discrimination requires:
 a. a firm to be a competitive firm.
  b. a firm to be able to segment its customers based on different price elasticities of demand.
  c. arbitrage.
  d. that the product can be easily resold.

Question 2

If a consumer is indifferent between 5 units of A and 8 units of B, then the consumer would:
 a. also be indifferent between 4 units of A and 9 units of B.
  b. also be indifferent between 8 units of A and 5 units of B.
  c. prefer 6 units of A and 8 units of B.
  d. give up 1 unit of A if he/she could acquire 2 units of B.
  e. not trade product A in exchange for any units of product B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
:D TYSM

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Ileal conduit; A, ureters implanted into ileal segment; B, closure of proximal end of ileal conduit. Ileal conduit; A, ureters implanted into ileal segment; B, closure of proximal end of ileal conduit.
Alan Price - Poor People Alan Price - Poor People
In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ... In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ...
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
An analytical procedure requires a solution of chloride ions. How many grams of MgCl2 must be ... An analytical procedure requires a solution of chloride ions. How many grams of MgCl2 must be ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library