Author Question: Some factors that allow firms to make economic profits are beyond its control. All but one of the ... (Read 92 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Some factors that allow firms to make economic profits are beyond its control. All but one of the following is an uncontrollable factor. Which factor is controllable?
 
  A) chance events B) consumer tastes
  C) product differentiation D) input prices

Question 2

Which of the following is not an example of price discrimination?
 
  A) Unlike foreign tourists, citizens of Cambodia are exempted from paying an admission fee to the temples of Angkor.
  B) Senior citizens may purchase special fare tickets for public transportation that are not available to others.
  C) Adobe Systems offers software at discounted prices to students and faculty at K-12 and university levels.
  D) Buyers at an automotive parts store receive a discount for bulk buying because the store is able to pass on to its customers some of the lower average cost for producing large quantities.


livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library