For a monopolist to practice price discrimination, one necessary ...

[jake]

For a monopolist to practice price discrimination, one necessary condition is that the product offered for sale must be:
 a. high quality.
  b. expensive.
  c. cheap.
  d. impossible or difficult to resell.

Question 2

The income effect refers to a change in:
 a. income because of changes in the CPI.
  b. the quantity demanded of a good because of a change in the buyer's real income.
  c. the quantity demanded of a good because of a change in the buyer's money income.
  d. none of these.

[sultana.d]

Answer to Question 1

d

Answer to Question 2

b

[jake]

TYSM

[abro1885]

Gracias!