This topic contains a solution. Click here to go to the answer

Author Question: In order for a firm to be able to price discriminate it must not be a price taker, there must be ... (Read 137 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
In order for a firm to be able to price discriminate it must not be a price taker, there must be different demand from different groups of consumers, and there must be an ability to prevent resale.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Absolute advantage is irrelevant, because knowing the absolute number of labor hours required to produce a good does not indicate if a country benefits from trade.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

True

Answer to Question 2

True




cartlidgeashley

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Gracias!


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library