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Author Question: A hotel with market power charges customers who check in before 5:00 pm more than those who check in ... (Read 60 times)

lilldybug07

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on: Jul 1, 2018
A hotel with market power charges customers who check in before 5:00 pm more than those who check in after 5:00 pm. Those who check in early are much more likely to use the hotel's pool.
 
  Explain why this price difference may not be price discrimination.

Question 2

Some environmental groups are on record suggesting that the price of gasoline should be much higher than it was in the early 1990s. Why might they say this?
 
  A) They own stock in oil companies.
  B) They anticipate that the longer the price is high, the more elastic the response by consumers will be.
  C) They anticipate that the longer the price is high, the less elastic the response by consumers will be.
  D) They anticipate that higher prices will reduce the price elasticity of supply of oil.
Microeconomics ¦ Perloff ¦ 8th Edition
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ambernicolefink

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lilldybug07

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Excellent

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