« previous next »

Author Question: Which of the following statements is NOT compatible with explanations for why peak-load pricing is ... (Read 106 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
Which of the following statements is NOT compatible with explanations for why peak-load pricing is more profitable than charging a single price?
 
  A) Consumer willingness to pay for the product varies a lot across different time periods.
  B) Marginal cost of production is much higher under peak demand.
  C) Marginal revenue changes a lot across different time periods.
  D) Marginal revenue must be the same across different time periods.

Question 2

Which of the following is true? Partial equilibrium analysis will
 
  A) overstate the impact of a tax for both substitutes and complements.
  B) understate the impact of a tax for both substitutes and complements.
  C) understate the impact of a tax for complements and overstate the impact for substitutes.
  D) understate the impact of a tax for substitutes and overstate the impact for complements.


chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The average adult has about 21 square feet of skin.

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?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Selected Drugs Compatible with Breast-Feeding Selected Drugs Compatible with Breast-Feeding
A typical battery load tester hookup. A typical battery load tester hookup.
(a) As an engine is accelerated under a load, the engine vacuum drops. This drop in vacuum is ... (a) As an engine is accelerated under a load, the engine vacuum drops. This drop in vacuum is ...
Peak flow meter. Peak flow meter.
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library