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

Author Question: Perfect price discrimination occurs when: A) a firm charges wealthier buyers a lower price. B) ... (Read 56 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Perfect price discrimination occurs when:
 
  A) a firm charges wealthier buyers a lower price.
  B) a firm charges each buyer exactly their willingness to pay.
  C) a firm charges the same buyer different prices at different points of time.
  D) a firm charges different buyers according to the characteristic of their purchase.

Question 2

The table above gives the production possibilities frontier for a nation that produces wheat and soybeans.
 
  Use the information in that table to complete the table below, which has in it the opportunity costs of moving from one production point to another. Do not forget to note the units of the opportunity costs. Movement from Opportunity cost Movement from Opportunity cost A to B D to C B to C C to B C to D B to A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Movement from Opportunity cost
(bushels of soybeans per bushels of wheat) Movement from Opportunity cost
(bushels of wheat per bushels of soybeans)
A to B 0.22 D to C 1.00
B to C 0.40 C to B 2.50

The table above gives the opportunity costs. The units of the opportunity costs are in the column headings.


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
:D TYSM

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob
Hiatal hernia. (a) The hernia occurs when the stomach protrudes through the diaphragm and into the t Hiatal hernia. (a) The hernia occurs when the stomach protrudes through the diaphragm and into the t
The upper intake manifold, often called a plenum, attaches to the lower intake manifold. The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
The transition between steps usually occurs at a temperature that would not interfere with cold ... The transition between steps usually occurs at a temperature that would not interfere with cold ...
Effleurage to transition to lower leg-distal to proximal. Apply effleurage with moderate pressure to ... Effleurage to transition to lower leg-distal to proximal. Apply effleurage with moderate pressure to ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Renal Failure

For a complete list of videos, visit our video library