This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the conditions for price discrimination?[br][br][b][color=#FBB117]Question ... (Read 55 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
What are the conditions for price discrimination?

Question 2

An indifference curve has a negative slope because movement along the curve requires the consumer to give up the:
 a. marginal utility of one good.
  b. total utility of one good.
  c. marginal substitution value (MSV).
  d. marginal transitivity of one good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

The firm must possess some ability to control market price (the firm must possess some monopoly power), the ability to segment customers based on their elasticity of demand, and the product cannot be easily resold.

Answer to Question 2

a


charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

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?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Two-point discrimination Two-point discrimination
Delta method question Delta method question
Calculus homework question help!! Calculus homework question help!!
Economics question Economics question
Chemistry question Chemistry question
Eye Color Variation Eye Color Variation
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library