Author Question: Which of the following is an example of peak-load pricing? A) Charging less for vacations to ... (Read 82 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Which of the following is an example of peak-load pricing?
 
  A) Charging less for vacations to Hawaii during December and January
  B) Charging more for electricity on hot days
  C) Setting price equal to marginal cost when there is a capacity constraint
  D) Selling excess capacity at lower prices

Question 2

In a repeated game, deterring entry
 
  A) is not possible.
  B) is not a rational strategy if money is lost fighting the first potential entrant.
  C) may require losing money fighting the first potential entrant.
  D) cannot form a subgame perfect Nash equilibrium.



kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library