This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the conditions for price discrimination?[br][br][b][color=#FBB117]Question ... (Read 65 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
What are the conditions for price discrimination?

Question 2

An indifference curve has a negative slope because movement along the curve requires the consumer to give up the:
 a. marginal utility of one good.
  b. total utility of one good.
  c. marginal substitution value (MSV).
  d. marginal transitivity of one good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

The firm must possess some ability to control market price (the firm must possess some monopoly power), the ability to segment customers based on their elasticity of demand, and the product cannot be easily resold.

Answer to Question 2

a


charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ... Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ...
How to solve application problems containing quadratics (Question 1) How to solve application problems containing quadratics (Question 1)
this is a math question this is a math question
economic question (having trouble) economic question (having trouble)
Eco question 2 Eco question 2
Ten Conditions Associated with Inherited Variation Ten Conditions Associated with Inherited Variation
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library