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

Author Question: A price-discriminating monopolist will tend to charge a lower price to students if it believes that ... (Read 118 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
A price-discriminating monopolist will tend to charge a lower price to students if it believes that students:
 a. have a lower willingness to pay than other demanders.
  b. have a greater willingness to pay than other demanders.
  c. have very elastic demand curves.
 d. have nearly vertical demand curves.

Question 2

State two characteristics of the long-run equilibrium under perfect competition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

In a long-run equilibrium (1) there are no firms outside the market that can earn an economic profit by entering it, and (2) no firms that are taking losses remain in the market.


sam.t96

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
How a catalyst circumvents unfavorable charge development during cleavage of an amide How a catalyst circumvents unfavorable charge development during cleavage of an amide
Mosaic of Charge-Coupled Devices Mosaic of Charge-Coupled Devices
Whites pour mustard and ketchup over black (and white) students who were integrating a lunch counter ... Whites pour mustard and ketchup over black (and white) students who were integrating a lunch counter ...
Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ... Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ...
Including Students with Special Needs: A Practical Guide for Classroom Teachers, 8th Edition Including Students with Special Needs: A Practical Guide for Classroom Teachers, 8th Edition
Video: Central Nervous System Animation

For a complete list of videos, visit our video library