Price discrimination by sellers usually results in
A) coercing people into buying goods they don't want to purchase.
B) coercing people into paying higher prices than they want to pay.
C) less total but more net revenue for the seller.
D) new and additional opportunities for some buyers.
Question 2
Which of the following statements is true?
A) The basis for both first-degree price discrimination and third-degree price discrimination is differences in the buyers' willingness to pay for a good.
B) The basis for both first-degree price discrimination and third-degree price discrimination is differences in the sellers' willingness to accept payment for a good.
C) The basis for first-degree price discrimination is differences in willingness to pay, whereas the basis for third-degree price discrimination is differences in the sellers' willingness to accept payment for a good.
D) The basis for first-degree price discrimination is differences in the seller's willingness to accept payment for a good, whereas the basis for third-degree price discrimination is differences in buyers' willingness to pay for a good.
Results of selective breeding for oil content in corn plants.
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
Alan Price - Poor People
U.S. suburbs were once unplanned, rambling affairs that took irregular shapes as people moved away ...
"The Department of Agriculture came out today with its prediction for food price
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.