The invisible hand is mostly guided by: A) costs of ...

[Shelles]

The invisible hand is mostly guided by:
 
  A) costs of production.
  B) quantity of goods and services sold.
  C) market prices.
  D) government intervention.

Question 2

A certain amusement park offers a 50 percent discount to kids between the ages of 8 and 14 years. This is an example of:
 
  A) shadow pricing.
  B) first-degree price discrimination.
  C) third-degree price discrimination.
  D) second-degree price discrimination.

[cloudre37]

Answer to Question 1

C

Answer to Question 2

C

[Shelles]

YES! Correct, THANKS for helping me on my review

[nothere]

Thanks for the timely response, appreciate it