Author Question: Show Stoppers is a monopoly provider of ticket services for the concerts and sporting events and ... (Read 140 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
Show Stoppers is a monopoly provider of ticket services for the concerts and sporting events and their current service charge is 10.00 . In order to attract one more customer, they have to lower their service charge to 9.50 . Show Stoppers' marginal revenue of this additional customer is:
 a. 9.50.
 b. greater than 9.50.
 c. less than 9.50.
 d. between 10.00 and 9.50.

Question 2

One danger associated with calls for fairness based on reciprocity is that calls for fair trade may be invoked in cases where foreign restrictions on domestic exports do not actually exist.
 a. True
  b. False
  Indicate whether the statement is true or false



amit

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

c

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library