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Author Question: The owner of a productive resource is most usefully thought of as the person who A) can ... (Read 156 times)

olgavictoria

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The owner of a productive resource is most usefully thought of as the person who
 
  A) can appropriate the income from its use.
  B) can use it most efficiently.
  C) is willing to pay the most to obtain it.
  D) possesses legal title.

Question 2

Buyers who buy in bulk are often offered discounts. This is an example of:
 
  A) predatory pricing.
  B) first-degree price discrimination.
  C) third-degree price discrimination.
  D) second-degree price discrimination.



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juiceman1987

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Answer to Question 1

A

Answer to Question 2

D




juiceman1987

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