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

Author Question: Which of the following firms is not able to practice price discrimination? A) commercial airlines ... (Read 130 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
Which of the following firms is not able to practice price discrimination?
 
  A) commercial airlines B) the largest wheat farmer in Nebraska
  C) land-line telephone companies D) movie theaters

Question 2

Excess capacity is a characteristic of monopolistically competitive firms. What does excess capacity mean?
 
  A) It means that firms hire more than the minimum number of workers needed to produce the profit-maximizing level of output.
  B) It means that firms build plants that are not large enough to achieve minimum efficient scale.
  C) It means that firms do not produce the output level that corresponds to the minimum point on their average total cost curves.
  D) It means that firms produce with inefficient combinations of resources.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
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




ereecah

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Wow, this really help


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library