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Author Question: Season ticket holders for the St. Louis Rams received a surprise when they read the applications ... (Read 83 times)

jon_i

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on: Jul 1, 2018
Season ticket holders for the St. Louis Rams received a surprise when they read the applications forms to renew their season tickets. In order to get their season ticket to the Rams' home games, they also had to buy tickets to the preseason games.
 
  Many season ticket holders grumbled about this practice as an underhanded way for the St. Louis Rams to get more money from its season ticket holders. This practice is an example of: A) peak-load pricing.
  B) intertemporal price discrimination.
  C) two-part tariff.
  D) bundling.
  E) Both A and B are correct.

Question 2

Refer to Figure 9.5. If the government establishes a price floor of 2.50 and farmers grow only the amount of berries that will be sold, producer surplus will
 
  A) fall by 50.
  B) fall by 100.
  C) remain the same.
  D) rise by 50.
  E) rise by 100.


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SeanoH09

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


jon_i

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Reply 2 on: Jul 1, 2018
Excellent

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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