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Author Question: In practice, price discrimination is never perfect. Why? What will be an ideal ... (Read 39 times)

geodog55

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In practice, price discrimination is never perfect. Why?
 
  What will be an ideal response?

Question 2

Which of the following would likely take the longest time to enact?
 
  A) Federal government fiscal policy that strives for a balanced budget
  B) The Fed's lowering of the discount rate
  C) The Fed's raising of the discount rate
  D) The Fed's engagement in open market operations



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JaynaD87

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Answer to Question 1

There are two reasons as to why price discrimination is never perfect in practice. They are as follows:
a) It is very difficult to charge a unique price to each and every consumer.
b) It is impossible to know every consumer's willingness to pay for a product.

Answer to Question 2

A




geodog55

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Reply 2 on: Jun 29, 2018
:D TYSM


nathang24

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Reply 3 on: Yesterday
Excellent

 

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