« previous next »

Author Question: Which of the following is a necessary condition for successful price discrimination? A) The ... (Read 24 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Which of the following is a necessary condition for successful price discrimination?
 
  A) The seller must possess market power. B) Transactions costs must be zero.
  C) The buyer must possess market power. D) Buyers must have identical inelastic demands.

Question 2

A new area of economics studies situations in which people appear to be making choices that do not appear to be economically rational. This area is called
 
  A) irrational economics. B) social economics.
  C) behavioral economics. D) new wave economics.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe
Moderate to high physical activity in PE classes is one component of a successful prevention effort ... Moderate to high physical activity in PE classes is one component of a successful prevention effort ...
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Proteins

For a complete list of videos, visit our video library