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

Author Question: For most residential telephone service, people pay a monthly fee to have a hookup to the telephone ... (Read 122 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jul 1, 2018
For most residential telephone service, people pay a monthly fee to have a hookup to the telephone company's line plus a fee for each call actually made. Under this pricing scheme, the telephone company is using
 
  A) limit pricing.
  B) a two-part tariff.
  C) second-degree price discrimination.
  D) two stage price discrimination.

Question 2

A situation in which the unregulated competitive market outcome is inefficient because prices fail to provide proper signals to buyers and sellers is known as:
 
  A) an imperfectly competitive market.
  B) a market failure.
  C) a deadweight loss.
  D) a disequilibrium.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Eugène Delacroix, Liberty Leading the People. Eugène Delacroix, Liberty Leading the People.
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
Do you see animals or people first? Do you see animals or people first?
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library