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Author Question: If each customer is sold a product at a different price, then the firm is practicing A) perfect ... (Read 55 times)

audie

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on: Jun 30, 2018
If each customer is sold a product at a different price, then the firm is practicing
 A) perfect price discrimination.
  B) second-degree price discrimination.
  C) third-degree price discrimination.
  D) product differentiation.

Question 2

In order to earn an economic profit, a firm needs to charge a price in excess of
 A) accounting average cost.
  B) normal average costs.
  C) economic average cost.
  D) long-run fixed costs.


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ktidd

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


audie

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  • Posts: 532
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

at

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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