Answer to Question 1
The statement is incorrectprice discrimination allows the firm to increase its economic profit.
Answer to Question 2
Expectations about both future prices and future incomes may affect your demand for a product today. For example, if you expect the price of gasoline to rise tomorrow, you will want to fill up your car's gas tank today. Also, expectations about future incomes may affect purchases today. An individual who believes that he may soon be laid off from his job (and therefore see a drop in his income) will be unlikely to purchase a new car today.
This girl has a long leg cast, which was applied after surgery to correct her clubfoot.
This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Tardigrade wasn't correct, nor was Gastrotricha. What on earth is this asking me.
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...