« previous next »

Author Question: All of the following might explain a firm offering quantity discounts except: a. lower costs of ... (Read 55 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
All of the following might explain a firm offering quantity discounts except:
 a. lower costs of handling large orders.
  b. an inelastic demand for the good.
  c. monopoly power in this market.
  d. existence of some high and some low demand consumers.

Question 2

Perfect price discrimination
 a. is a common occurrence in situations with many buyers.
  b. occurs fairly often in situations with only a few buyers.
  c. is only observed in competitive markets.
  d. rarely occurs because firms do not have sufficient power to differentiate among specific buyers.


jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Bones of the lower extremities. Bones of the lower extremities.
Queen Nefertari Making an Offering to Hathor Queen Nefertari Making an Offering to Hathor
A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ... A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ...
The Lower Extremities The Lower Extremities
Video: Exocytosis - secretion

For a complete list of videos, visit our video library