« previous next »

Author Question: Refer to the table above. Net exports equal A) -2,800 billion. B) 2,800 billion. C) 200 ... (Read 77 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Refer to the table above. Net exports equal
 
  A) -2,800 billion.
  B) 2,800 billion.
  C) 200 billion.
  D) -200 billion.
  E) 400 billion.

Question 2

What is the difference between price discrimination and predatory pricing?
 
  What will be an ideal response?


uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Price discrimination occurs when a firm divides consumers into two or more groups and charges each group a different price for the same product. Predatory pricing occurs when a firm decreases the price of a product to drive a rival out of business. Once the rival is gone, the firm increases the price of the product.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Periodic Table Tattoo Periodic Table Tattoo
Perform horizontal stroking of the thigh by facing the table and placing hands on the thigh with ... Perform horizontal stroking of the thigh by facing the table and placing hands on the thigh with ...
Assist recipient into side-lying position. Woman sits on edge of table holding drape to cover her ... Assist recipient into side-lying position. Woman sits on edge of table holding drape to cover her ...
How to setup and solve a half-life problem using a table of values (Question 1) How to setup and solve a half-life problem using a table of values (Question 1)
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Wood coffee table Wood coffee table
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library