« previous next »

Author Question: The practice of selling a product to different customers at different prices when marginal cost is ... (Read 64 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?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Media Practice Model Media Practice Model
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Example of a patient’s ledger in practice management software. Example of a patient’s ledger in practice management software.
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Biology Practice Biology Practice
Video: Hemodynamics Animation

For a complete list of videos, visit our video library