Second-degree price discrimination occurs when A) different ...

[SGallaher96]

Second-degree price discrimination occurs when
 
  A) different prices are charged for different blocks of services.
  B) different groups of buyers are charged different prices based on their price elasticities of demand.
  C) a different price is charged for each amount of a product purchased.
  D) None of the above

Question 2

Quantitative forecasting that projects past data without explaining the reasons for future trends is called
 
  A) scientific forecasting.
  B) dumb forecasting.
  C) empirical forecasting.
  D) nave forecasting.

[pallen55]

Answer to Question 1

A

Answer to Question 2

D

[SGallaher96]

Thanks for the timely response, appreciate it

[parker125]

TYSM