« previous next »

Author Question: The practice of selling a product to different customers at different prices when marginal cost is ... (Read 20 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
The practice of selling a product to different customers at different prices when marginal cost is the same is known as:
 a. price discrimination.
  b. monopoly pricing.
 c. arbitrage.
 d. price segregation.

Question 2

In reality international trade is determined solely by comparative advantage and the free market forces of supply and demand.
 a. True
  b. False
  Indicate whether the statement is true or false


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

asd123

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you :)


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Typical components of software for a practice management system (PMS). Typical components of software for a practice management system (PMS).
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
Many gasoline service stations have signs posted warning customers to place plastic fuel containers ... Many gasoline service stations have signs posted warning customers to place plastic fuel containers ...
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Cost Accounting 14 Cost Accounting 14
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library