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

Author Question: Why is price discrimination legal but not discrimination based on race or gender? A) because ... (Read 155 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Why is price discrimination legal but not discrimination based on race or gender?
 
  A) because price discrimination enables firms to increase output and employment, but race- or gender-based discrimination reduces employment
  B) because price discrimination reduces deadweight loss, but discrimination based on race or gender increases deadweight loss
  C) because price discrimination involves charging people different prices based on their willingness to pay rather than on the basis of arbitrary characteristics
  D) because price discrimination increases profits and therefore tax revenues for the government, but discrimination based on race or gender reduces tax revenues

Question 2

The demand curve for a monopoly firm
 
  A) lies below its marginal revenue curve. B) is perfectly inelastic.
  C) is the same as the market demand curve. D) is horizontal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

annierak

  • Sr. Member
  • ****
  • Posts: 340
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




RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
:D TYSM


tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library