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

Author Question: Which of the following firms is not able to practice price discrimination? A) commercial airlines ... (Read 120 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


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
Reply #1 on: Jun 29, 2018
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
Great answer, keep it coming :)

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Alan Price - Poor People Alan Price - Poor People
Medication with the USP label (left) and without USP label (right). Practice Label “for ... Medication with the USP label (left) and without USP label (right). Practice Label “for ...
Foundations of evidence-based practice. Foundations of evidence-based practice.
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Biology Practice Biology Practice
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library