« previous next »

Author Question: Explain what is meant by perfect price discrimination. What will be an ideal ... (Read 67 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Explain what is meant by perfect price discrimination.
 
  What will be an ideal response?

Question 2

The expenditure approach to measuring U.S. GDP equals _________.
 
  A. the sum of U.S. consumption expenditure and U.S. investment
  B. U.S. government expenditure minus taxes paid by Americans
  C. all expenditure on final goods and services produced in the United States in a given time period
  D. all expenditure by Americans on goods and services produced in the United States in a given time period


epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

This occurs when a firm charges the maximum amount that buyers are willing to pay for each unit.

Answer to Question 2

D Answer D is effectively the definition of the expenditure ap-proach.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

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

Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
Inverse Relation Between IQ and Disease. Could this explain the Flynn effect? Inverse Relation Between IQ and Disease. Could this explain the Flynn effect?
PIC PERFECT PIC PERFECT
What are examples of ideal forms? What are examples of ideal forms?
Perfect logistic curves Perfect logistic curves
Lastlings - Perfect World (Official Music Video) Lastlings - Perfect World (Official Music Video)
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library