This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a product line extension A) a constant price elasticity of demand is assumed. B) a firm ... (Read 87 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
In a product line extension
 A) a constant price elasticity of demand is assumed.
  B) a firm introduces different products and lets buyers self-select themselves into different groups.
  C) is able to identify different markets at very low costs.
  D) demand is assumed to be elastic

Question 2

To practice second-degree price discrimination
 A) different markets must be able to communicate with each other.
  B) different markets must have the same number of customers.
  C) similar markets must have similar elasticities.
  D) different markets must have different elasticities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Use a vacuum or fuel line hose over the spark plug to install it without danger of cross-threading ... Use a vacuum or fuel line hose over the spark plug to install it without danger of cross-threading ...
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take
Video: Hormonal feedback loop components

For a complete list of videos, visit our video library