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

Author Question: Kids eat free in a fast food restaurant is an example of A) first-degree price discrimination. ... (Read 265 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Kids eat free in a fast food restaurant is an example of
 
  A) first-degree price discrimination.
  B) second-degree price discrimination.
  C) third-degree price discrimination.
  D) no price discrimination.

Question 2

Because a monopoly ignores external costs, it is possible that it will
 
  A) produce the socially optimal quantity of a good.
  B) produce more than the socially optimal quantity of a good.
  C) produce less than the socially optimal quantity of a good.
  D) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


tingc95

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jul 1, 2018
Thank you :)


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Food-conducting cells of the phloem. Food-conducting cells of the phloem.
Elephants do not fully digest their food. Other animals, such as this Baboon may pick through elepha Elephants do not fully digest their food. Other animals, such as this Baboon may pick through elepha
Spectrum of Food Security Food insecurity and hunger are points along the continuum Spectrum of Food Security Food insecurity and hunger are points along the continuum
Many countries do not produce enough food and need to import food from the United States Many countries do not produce enough food and need to import food from the United States
Ash Wednesday kids drawing Ash Wednesday kids drawing
Easter story kids March 20 2024 Easter story kids March 20 2024
Video: Role of complement proteins

For a complete list of videos, visit our video library