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Author Question: Some online penny auctions charge a fee, such as 1, for every bid placed. Why should these costs ... (Read 45 times)

shenderson6

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on: Jun 29, 2018
Some online penny auctions charge a fee, such as 1, for every bid placed.
 
  Why should these costs of 1 per bid be considered sunk costs? Would it be smart for someone who has already invested 5 in bidding costs to keep bidding to protect his or her sunk investments? Why or why not?

Question 2

With perfect price discrimination, the marginal revenue curve
 
  A) is above the demand curve. B) is equal to the demand curve.
  C) is horizontal. D) is below the demand curve.
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vickyvicksss

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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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shenderson6

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

tuate

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

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