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

Author Question: Price discrimination requires: a. a firm to be a competitive firm. b. a firm to be able to segment ... (Read 297 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Price discrimination requires:
 a. a firm to be a competitive firm.
  b. a firm to be able to segment its customers based on different price elasticities of demand.
  c. arbitrage.
  d. that the product can be easily resold.

Question 2

If a consumer is indifferent between 5 units of A and 8 units of B, then the consumer would:
 a. also be indifferent between 4 units of A and 9 units of B.
  b. also be indifferent between 8 units of A and 5 units of B.
  c. prefer 6 units of A and 8 units of B.
  d. give up 1 unit of A if he/she could acquire 2 units of B.
  e. not trade product A in exchange for any units of product B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Wow, this really help

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Competitive inhibitor Competitive inhibitor
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library