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

Author Question: Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ... (Read 56 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jul 1, 2018
Firms choose to price discriminate
 a. To earn higher profits
  b. To sell goods to consumers who otherwise would not have purchased
  c. Both a and b
  d. None of the above

Question 2

The primary additional insight provided by expanding the theory of demand from two to three goods is that a pair of goods may now be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


abern

  • Hero Member
  • *****
  • Posts: 533
Reply #2 on: Jul 1, 2018
Correct answers!


chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ... Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
How to choose the right payment plan with changing conditions (Question 3) How to choose the right payment plan with changing conditions (Question 3)
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Supine Position

For a complete list of videos, visit our video library