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

Author Question: Price discrimination is the practice of A) charging different prices for the same good when the ... (Read 88 times)

jake

  • Hero Member
  • *****
  • Posts: 538
Price discrimination is the practice of
 
  A) charging different prices for the same good when the price differences arise because of differences in cost.
  B) charging different prices for the same good when the price differences are not due to differences in cost.
  C) charging higher prices for brand-named goods and lower prices for generic versions of the goods.
  D) charging different prices for different qualities of a product.

Question 2

If Alan Shaw reduces his work hours when his salary increases, then
 
  A) the substitution effect of his salary increase dominates the income effect.
  B) leisure is an inferior good to Alan.
  C) the income effect of his salary increase dominates the substitution effect.
  D) the income effect of his salary increase is completely offset by the substitution effect.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

robbielu01

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 58% of students answer this correctly




jake

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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?

Your heart beats over 36 million times a year.

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?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

For a complete list of videos, visit our video library