This topic contains a solution. Click here to go to the answer

Author Question: The invisible hand is mostly guided by: A) costs of production. B) quantity of goods and ... (Read 39 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

C




Shelles

  • Member
  • Posts: 582
Reply 2 on: Jun 29, 2018
:D TYSM


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library