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

Author Question: Under what circumstances are the marginal expenditure for an input and the average expenditure ... (Read 62 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
Under what circumstances are the marginal expenditure for an input and the average expenditure always equal? Where there is a
 
  A) competitive buyer.
  B) competitive seller.
  C) monopoly buyer.
  D) monopoly seller.

Question 2

An amusement park charges an entrance fee of 75 per person plus 2.50 per ride. This is an example of
 
  A) first-degree price discrimination.
  B) a two-part tariff.
  C) second-degree price discrimination.
  D) bundling.
  E) tying.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


kodithompson

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jul 1, 2018
Thank you :)


blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Change in Emotional States During Adolescence Average emotional state becomes teadilyi more negativ Change in Emotional States During Adolescence Average emotional state becomes teadilyi more negativ
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Chart showing average yearly dose of radiation from natural and human-made sources Chart showing average yearly dose of radiation from natural and human-made sources
What would your average (mean) number of cells per cluster be? What would your average (mean) number of cells per cluster be?
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library