« previous next »

Author Question: In two-part pricing A) consumers pay a lump-sum for all the goods purchased. B) the consumer ... (Read 57 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jul 1, 2018
In two-part pricing
 
  A) consumers pay a lump-sum for all the goods purchased.
  B) the consumer must pay a lump sum if he buys more than a certain number of units of a good.
  C) a firm charges more for units purchased on the weekend than for those purchased during the week.
  D) the average price paid per unit is higher with a small number of units purchased than if a large number of units is purchased.

Question 2

A main rationale for government intervention in markets ________ and ________.
 
  A) is to reduce producer surplus; redistribute wealth
  B) concerns the creation of public goods; reduces free-riding
  C) is to correct market failures; increase surplus
  D) There is never an economic rationale for government intervention.


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Apical and Lateral Meristems (Part 2) Apical and Lateral Meristems (Part 2)
How to solve any rational equation by finding the lowest common denominator (Part 2) How to solve any rational equation by finding the lowest common denominator (Part 2)
Structures of the ionized forms of some representative fatty acids (part 2) Structures of the ionized forms of some representative fatty acids (part 2)
Water as Part of Body Fluids Water as Part of Body Fluids
Red Bull uses strategies that help it target college-aged, young-adult consumers Red Bull uses strategies that help it target college-aged, young-adult consumers
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Physiology of Asthma

For a complete list of videos, visit our video library