Author Question: Many cellular phone rate plans are structured as a combination of ________ price discrimination. ... (Read 56 times)

Cooldude101 · **on:** Jul 1, 2018

Many cellular phone rate plans are structured as a combination of ________ price discrimination.

A) first-degree and second-degree
B) first-degree and third-degree
C) second-degree and third-degree
D) peak-load pricing and third-degree

Question 2

To model the input decisions for a production system, we plot labor on the horizontal axis and capital on the vertical axis. In the short run, labor is a variable input and capital is fixed.

The short-run expansion path for this production system is: A) a vertical line.
B) a horizontal line.
C) equal to the 45-degree line from the origin.
D) not defined.