« previous next »

Author Question: Tying products can be a profitable strategy for facilitating price discrimination only when: a. the ... (Read 131 times)

cool

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Tying products can be a profitable strategy for facilitating price discrimination only when:
 a. the demands for the goods are unrelated.
  b. the supply of one of the tied products is low.
  c. the demands for the goods are related.
  d. the market for one of the goods is competitive.

Question 2

If at the profit-maximizing level of output, a monopolist's average-total-cost curve lies above its demand curve, then:
 a. the firm should shut down in the short run.
  b. the firm would earn economic losses.
  c. the firm would earn economic profits.
  d. the firm should increase its output.
  e. the firm should decrease its output.


k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Examples of Generic Drugs Contained in Brand-Name Products Examples of Generic Drugs Contained in Brand-Name Products
Liquid Formulations of Herbal Products Liquid Formulations of Herbal Products
Canada's Major Fertilizer Producers and their Products Canada's Major Fertilizer Producers and their Products
Disitive Time For Milk Products Disitive Time For Milk Products
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: B cells and antibodies

For a complete list of videos, visit our video library