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

Author Question: Which of the following is necessary for a monopolist to price discriminate between groups? A) The ... (Read 107 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Which of the following is necessary for a monopolist to price discriminate between groups?
 
  A) The groups are identifiable.
  B) The groups have different willingness to pay.
  C) A customer from one group cannot resell to a customer in another group.
  D) All of the above conditions are necessary for the monopolist to price discriminate.

Question 2

What is the principal-agent problem as applied to corporations?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

The principals are the owners of the corporation who want to see their profits maximized. The agents are the hired managers of the corporations who might serve their own goals instead. The principal-agent problem is to devise ways to make managers (the agents) act in the best interest of the owners (the principals).


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Biochem funtional groups Biochem funtional groups
Political parties vs interest groups Political parties vs interest groups
Funeral Rituals and Practices among U.S. Cultural Groups Funeral Rituals and Practices among U.S. Cultural Groups
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Functional Groups of Carbon Functional Groups of Carbon
Animated! Organisms are classified into groups according to their characteristics Animated! Organisms are classified into groups according to their characteristics
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library