« previous next »

Author Question: Airlines offer lower prices to vacationers than to business travelers because A) of government ... (Read 158 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
Airlines offer lower prices to vacationers than to business travelers because
 
  A) of government regulations requiring them to do so.
  B) business travelers do not care at all about costs.
  C) business travelers are less flexible in their travel plans than vacationers are.
  D) airlines know that business travelers enjoy flying more than vacationers do.

Question 2

Coupons represent a form of price discrimination because they offer a low-cost way for firms to
 
  A) identify customers with apparently more elastic demand and offer them a lower price.
  B) retain loyal customers who are not price sensitive.
  C) offer discounts to consumers who buy larger quantities.
  D) perfectly price discriminate.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Effleurage (A) and petrissage (B) to lower leg. Effleurage (A) and petrissage (B) to lower leg.
Joint movements of the lower leg for recovery after strenuous exercise. Joint movements of the lower leg for recovery after strenuous exercise.
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
The business trip grade 1 The business trip grade 1
Video: Michaelis–Menten equation & Kinetic parameters

For a complete list of videos, visit our video library