This topic contains a solution. Click here to go to the answer

Author Question: A firm could not be engaged in successful predatory pricing if: a. It charged prices greater than ... (Read 64 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
A firm could not be engaged in successful predatory pricing if:
 a. It charged prices greater than the average variable cost of production.
  b. It drove rivals out of the market.
 c. It raised its prices after its price cutting campaign.
 d. None of the above is true.

Question 2

Which of following provisions in an insurance policy may be economically efficient if policy holders can control small claims but not large ones?
 a. Vigilance provision
  b. Non-price exceptions
  c. Co-payment provisions
  d. Liquidated damages



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

a

Answer to Question 2

C





 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library