Author Question: Metering is a. A type of indirect price discrimination b. A type of direct price discrimination ... (Read 131 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
Metering is
 a. A type of indirect price discrimination
  b. A type of direct price discrimination
  c. An evaluation of a product
  d. An example of bundling

Question 2

For the Cobb-Douglas utility function with two goods, the sum of the own price elasticities of demand must be:
 a. 0.
  b. -1.
  c. -2.
  d. any number between 0 and -4.



T4T

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library