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Author Question: The practice of selling a product to different customers at different prices when marginal cost is ... (Read 31 times)

asd123

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on: Jun 30, 2018
The practice of selling a product to different customers at different prices when marginal cost is the same is known as:
 a. price discrimination.
  b. monopoly pricing.
 c. arbitrage.
 d. price segregation.

Question 2

In reality international trade is determined solely by comparative advantage and the free market forces of supply and demand.
 a. True
  b. False
  Indicate whether the statement is true or false


SeanoH09

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

a

Answer to Question 2

False


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asd123

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Reply #2 on: Jun 30, 2018
Thank you :)


SeanoH09

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Reply #3 on: Jun 30, 2018
Happy to help you


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