« previous next »

Author Question: The management of a rental building faces a rent control situation, where it cannot charge more than ... (Read 47 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jul 1, 2018
The management of a rental building faces a rent control situation, where it cannot charge more than 400 a month in rent on the apartment. The management knows that the apartments are high in demand and renters would be willing to be 1000 per month for them. The management decides to offer the controlled rent, rents furniture to its tenants, but successfully bars delivery from competing furniture stores. This is an example of
 a. Tying
 b. Bundling
 c. Exclusion
  d. Fraud

Question 2

A firm practicing direct price discrimination will charge a higher price to
 a. Consumers with an elastic demand
  b. All consumers
  c. Consumers with an inelastic demand
  d. Consumers with unitary elastic demand


zhanghao

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

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

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?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Obstetrical sonography and fetometry. (a) The procedure is performed in a clinical setting. The inst Obstetrical sonography and fetometry. (a) The procedure is performed in a clinical setting. The inst
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Control points in pyrimidine synthesis Control points in pyrimidine synthesis
Control of the cell cycle by cyclin-dependent kinases, and the checkpoints at which they operate Control of the cell cycle by cyclin-dependent kinases, and the checkpoints at which they operate
Non-Hormonal Forms of Birth Control Non-Hormonal Forms of Birth Control
International Business Management International Business Management
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library