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Author Question: The invisible hand is mostly guided by: A) costs of production. B) quantity of goods and ... (Read 20 times)

Shelles

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on: Jun 29, 2018
The invisible hand is mostly guided by:
 
  A) costs of production.
  B) quantity of goods and services sold.
  C) market prices.
  D) government intervention.

Question 2

A certain amusement park offers a 50 percent discount to kids between the ages of 8 and 14 years. This is an example of:
 
  A) shadow pricing.
  B) first-degree price discrimination.
  C) third-degree price discrimination.
  D) second-degree price discrimination.


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cloudre37

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Shelles

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

tanna.moeller

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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