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 78 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?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

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?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
The research methods that sociologists choose depend partially on the questions they want to answer. ... The research methods that sociologists choose depend partially on the questions they want to answer. ...
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Suicide rates in Canada are more than three times higher for males than for females Suicide rates in Canada are more than three times higher for males than for females
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Digestive chemicals - water, gastric acid, bile & bicarbonate

For a complete list of videos, visit our video library