Author Question: If a firm charges different consumers different prices for the same product and the difference ... (Read 71 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
If a firm charges different consumers different prices for the same product and the difference cannot be attributed to cost variations, then it is engaging in
 
  A) markup pricing. B) cost-plus pricing.
  C) odd pricing. D) price discrimination.

Question 2

Sunk costs
 
  A) are costs that firms sink into marketing.
  B) are important for optimal decision making.
  C) are costs associated with repairing something you already own.
  D) are costs that have already been paid and cannot be recaptured in any significant way.


helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library