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

Author Question: Cruise liners offer last minute deals because a. The marginal cost is higher than the marginal ... (Read 11 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 1, 2018
Cruise liners offer last minute deals because
 a. The marginal cost is higher than the marginal revenue since fixed costs are sunk
 b. The marginal costs of an additional passenger are very low at that point and companies gain by lowering prices
  c. The average cost of an additional passenger is very low at that point and companies gain by lowering prices
  d. All of the above

Question 2

Many bars close to campuses have started offering cheaper beer to consumers with a student IDs. These bars are using
 a. Direct price discrimination
 b. Indirect price discrimination
  c. Decreasing returns to scale
 d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jul 1, 2018
Gracias!

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po
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 ...
On average, students in Roman Catholic schools score higher on national tests than students in ... On average, students in Roman Catholic schools score higher on national tests than students in ...
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 ...
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Higher-Order Conditioning Higher-Order Conditioning
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library