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

Author Question: Mixed bundling is more profitable than pure bundling when A) the marginal cost of each good being ... (Read 105 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jul 1, 2018
Mixed bundling is more profitable than pure bundling when
 
  A) the marginal cost of each good being sold is positive.
  B) the consumers' reservation values of each good being sold are not perfectly negatively correlated with one or another.
  C) Both A and B are correct.
  D) the marginal cost of one good is zero.

Question 2

A minimum wage policy induces an:
 
  A) excess demand for labor.
  B) excess supply of labor.
  C) efficient market outcome.
  D) elastic labor supply response.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


stevenposner

  • Hero Member
  • *****
  • Posts: 608
Reply #2 on: Jul 1, 2018
Correct answers!


Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

A good Mnemonic to know Mg K Ca Na A good Mnemonic to know Mg K Ca Na
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Nuts are also a good source of B group vitamins (including folate), and vitamin E Nuts are also a good source of B group vitamins (including folate), and vitamin E
Video: Osteoporosis

For a complete list of videos, visit our video library