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Author Question: Refer to the Article Summary. The pricing method described in the article is referred to as ... (Read 83 times)

charchew

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on: Jun 29, 2018
Refer to the Article Summary. The pricing method described in the article is referred to as first-degree price discrimination. First-degree price discrimination is also known as
 
  A) perfect price discrimination. B) odd pricing.
  C) two-part tariff pricing. D) arbitrage.

Question 2

In early 2007, Pioneer and JVC, two Japanese electronics firms, each announced that their profits were going to be lower than expected because they both had to cut prices for LCD and plasma television sets.
 
  Which of the following could explain why these firms did not simply raise their prices and increase their profits?
  A) The firms are still making profits, just not as high as expected so there is room to lower prices until one can force the other out of business.
  B) The move to cut prices is probably just a temporary one to gain market share. In the long run the firms will raise prices and be able to increase their profits.
  C) Most likely, intense competition between these two major producers probably pushed prices down. Thereafter, each feared that it would lose its customers to the other if it raised its prices.
  D) In perfect competition, prices are determined by the market and firms will keep lowering prices until there are no profits to be earned.
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Joy Chen

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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charchew

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Reply 2 on: Jun 29, 2018
Wow, this really help

anyusername12131

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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