Author Question: A perfectly competitive firm cannot practice price discrimination because A) each consumer in a ... (Read 60 times)

student77

  • Hero Member
  • *****
  • Posts: 567
A perfectly competitive firm cannot practice price discrimination because
 
  A) each consumer in a perfectly competitive market has the same willingness to pay.
  B) the firm can only charge the market price.
  C) a firm that breaks even in the long run cannot afford to engage in yield management.
  D) it does not advertise; this prevents the firm from marketing its product to different segments of the market.

Question 2

Financial securities that represent promises to repay a fixed amount of funds are known as
 
  A) stocks. B) pension funds.
  C) bonds. D) insurance premiums.


tuwy

  • Sr. Member
  • ****
  • Posts: 336
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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library