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Author Question: A price discriminating firm will tend to charge a ________ price for the category of customer with ... (Read 110 times)

darbym82

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on: Jun 29, 2018
A price discriminating firm will tend to charge a ________ price for the category of customer with the ________ elasticity of demand.
 
  A) higher; higher
  B) higher; lower
  C) lower; lower
  D) 100 percent markup; infinite

Question 2

Who, among the following, is least likely to practice cost-plus-markup pricing?
 
  A) Dolly J. Dalrymple, a Wisconsin dairy farmer
  B) The Wisconsin Cheeses-R-Us factory
  C) The Cheese-of-the-Month Club
  D) Trick question: all are equally likely to use cost-plus-markup pricing.


canderson530

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

B

Answer to Question 2

A


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