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

Author Question: In practice, price discrimination is never perfect. Why? What will be an ideal ... (Read 55 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Jun 29, 2018
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

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Excellent

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Nursing diagnosis impact on nursing practice Nursing diagnosis impact on nursing practice
Domains of nursing practice Domains of nursing practice
Media Practice Model Media Practice Model
Stimulus Generalization and Discrimination Stimulus Generalization and Discrimination
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 ...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library