This topic contains a solution. Click here to go to the answer

Author Question: Which of the following pricing strategies allows a firm to earn economic profit? A) charging a ... (Read 65 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
Which of the following pricing strategies allows a firm to earn economic profit?
 
  A) charging a price equal to the average variable cost of production
  B) charging a price equal to marginal cost
  C) price discrimination
  D) charging a price equal to the average total cost of production

Question 2

Refer to Figure 14-5. If Netflix lowers its price, will this deter Spotify from setting up a streaming video service?
 
  A) no, because Spotify will make a larger profit than Netflix if it chooses to compete
  B) yes, because Spotify stands to lose 1 million if it competes with Netflix
  C) no, because Spotify will make a profit if it competes with Netflix
  D) yes, because Spotify will make a smaller profit than Netflix if it chooses to compete


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
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.
Answer Preview
Only 39% of students answer this correctly




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library