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Author Question: A monopolistic producer supplying raw materials to two industries one with a lower price elasticity ... (Read 34 times)

CORALGRILL2014

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on: Jun 30, 2018
A monopolistic producer supplying raw materials to two industries one with a lower price elasticity of demand and the other with a high price elasticity of demand, practices _____ to prevent its low price elastic consumers (who have more elastic demands) from reselling its products to high price consumers (who have less elastic demands).
 a. vertical integration
  b. price discrimination
  c. double marginalization
  d. price control

Question 2

Entrepreneurs are at the heart of the market process.
  Indicate whether the statement is true or false


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itsakadoozi

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

True


CORALGRILL2014

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

laurnthompson

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Reply 3 on: Yesterday
Wow, this really help

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