Which of the following is not necessary in order for a firm to engage in price discrimination?
a. The producer must face an inelastic demand curve.
b. The producer must face a downward-sloping demand curve.
c. There must be at least two identifiable classes of consumers with different price elasticities of demand.
d. The producer must be able, at little cost, to distinguish between the different classes of buyers.
e. It must be impossible for one buyer to resell to another.
Question 2
Which of the following would not violate the Sherman Antitrust Act if the rule of reason was used to interpret the act?
a. conspiring to monopolize
b. formation of a trust company
c. conspiring to restrain trade
d. a single firm supplying all of a market with no close substitutes and some barriers to entry
e. attempting to restrain trade with a foreign nation
Both humans and apes readily engage in learned imitative behavior.
These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting
In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ...
Forearm application to engage the common fascial restrictions in the trapezius and levator scapula ...
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
First-order sensory neuron with free nerve endings