Which of the following is not necessary in order for a firm to engage in price discrimination?
a. The producer must face an inelastic demand curve.
b. The producer must face a downward-sloping demand curve.
c. There must be at least two identifiable classes of consumers with different price elasticities of demand.
d. The producer must be able, at little cost, to distinguish between the different classes of buyers.
e. It must be impossible for one buyer to resell to another.
Question 2
Which of the following would not violate the Sherman Antitrust Act if the rule of reason was used to interpret the act?
a. conspiring to monopolize
b. formation of a trust company
c. conspiring to restrain trade
d. a single firm supplying all of a market with no close substitutes and some barriers to entry
e. attempting to restrain trade with a foreign nation
Rebound Tenderness, Apply Firm Pressure to the Abdomen
The Primate order displays a diversity of ways of moving around.
Blood Collection Tubes: Order of Draw
How to solve an exponential decay problem involving first order decay
How to use Cramer's rule to solve a second-order determinant (Question 2)
Rate order question