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

Author Question: An example of price discrimination is the price charged for: a. troll dolls. b. college admission. ... (Read 38 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
An example of price discrimination is the price charged for:
 a. troll dolls.
  b. college admission.
  c. textbooks.
  d. diamonds.

Question 2

Which of the following is the best example of the substitution effect?
 a. Joe buys fewer apples and more oranges as the result of an increase in the price of apples.
  b. Joe buys more apples when his income increases.
  c. Joe buys an apple slicer when the price of apples decreases.
  d. Joe buys less sugar as the result of an increase in price of apples.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

a





 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

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.

For a complete list of videos, visit our video library