This topic contains a solution. Click here to go to the answer

Author Question: A firm practicing group price discrimination that has constant marginal cost will A) maximize ... (Read 46 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
A firm practicing group price discrimination that has constant marginal cost will
 
  A) maximize total profit by maximizing profit for each group separately.
  B) will charge the same price to all groups.
  C) will act like a monopoly and treat all groups the same.
  D) sets p = MC.

Question 2

What is the intuition that an expansion of an individual's budget set represents a gain?
 
  A) More options are preferred to less.
  B) Money is the root of all happiness.
  C) Information is power.
  D) Scarcity is avoidable with prosperity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

A




wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
:D TYSM


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library