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Author Question: Consumption spending refers to ________ spending on goods and services. A) government B) business ... (Read 172 times)

torybrooks

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on: Jun 29, 2018
Consumption spending refers to ________ spending on goods and services.
 
  A) government B) business C) foreign D) household

Question 2

Refer to Figure 16-3. Suppose Chantal charges all her customers a uniform price of 10 for a haircut. Which of the following statements is true?
 
  A) Chantal is maximizing revenue in market B.
  B) Chantal is selling more than the profit-maximizing quantity of haircuts in market B.
  C) Chantal is selling less than the profit-maximizing quantity of haircuts in market B.
  D) Chantal will earn a greater profit through uniform pricing than if she practices price discriminates.


ciecieme

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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torybrooks

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Reply #2 on: Jun 29, 2018
Thank you


ciecieme

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Reply #3 on: Jun 29, 2018
No problemo


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