« previous next »

Author Question: Which of the following is a necessary condition for successful price discrimination? A) The ... (Read 80 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Which of the following is a necessary condition for successful price discrimination?
 
  A) The seller must possess market power. B) Transactions costs must be zero.
  C) The buyer must possess market power. D) Buyers must have identical inelastic demands.

Question 2

A new area of economics studies situations in which people appear to be making choices that do not appear to be economically rational. This area is called
 
  A) irrational economics. B) social economics.
  C) behavioral economics. D) new wave economics.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

A photograph of a woman with exophthalmos. This condition is associated with hypersecretion of the t A photograph of a woman with exophthalmos. This condition is associated with hypersecretion of the t
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Decreased Activation of the Subgenual ACC After a Variety of Successful Treatments for Depression Decreased Activation of the Subgenual ACC After a Variety of Successful Treatments for Depression
Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe
Mirror Box Therapy Compared to Mental Visualization and a Control Condition Mirror Box Therapy Compared to Mental Visualization and a Control Condition
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library