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Author Question: Which of the following firms is most likely to spend on innovation? A) A perfectly competitive ... (Read 89 times)

jilianpiloj

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on: Jun 29, 2018
Which of the following firms is most likely to spend on innovation?
 
  A) A perfectly competitive firm
  B) A monopoly with absolutely no competition
  C) A firm that is the only controller of a key resource necessary for production
  D) A firm that enjoys some monopolistic power, but faces strong competition from its rivals

Question 2

Which of the following is not one of the obstacles mentioned in the text to a successful system of price discrimination? Inability to
 
  A) evade legal restrictions on discrimination.
  B) identify differences in demand among customers.
  C) prevent customers from reselling the product.
  D) prevent resentment from arising among the people who pay more.


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gasdhashg

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


jilianpiloj

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  • Posts: 521
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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