« previous next »

Author Question: The practice of selling a product to different customers at different prices when marginal cost is ... (Read 63 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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Keep Calm and Do the Practice Test Keep Calm and Do the Practice Test
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Product Rule Product Rule
Find the derivative using the product rule Find the derivative using the product rule
Video: The Nerve Impulse

For a complete list of videos, visit our video library