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

Author Question: An example of price discrimination is the price charged for: a. troll dolls. b. college admission. ... (Read 73 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
An example of price discrimination is the price charged for:
 a. troll dolls.
  b. college admission.
  c. textbooks.
  d. diamonds.

Question 2

Which of the following is the best example of the substitution effect?
 a. Joe buys fewer apples and more oranges as the result of an increase in the price of apples.
  b. Joe buys more apples when his income increases.
  c. Joe buys an apple slicer when the price of apples decreases.
  d. Joe buys less sugar as the result of an increase in price of apples.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

a





 

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?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library