« previous next »

Author Question: All of the following might explain a firm offering quantity discounts except: a. lower costs of ... (Read 71 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
All of the following might explain a firm offering quantity discounts except:
 a. lower costs of handling large orders.
  b. an inelastic demand for the good.
  c. monopoly power in this market.
  d. existence of some high and some low demand consumers.

Question 2

Perfect price discrimination
 a. is a common occurrence in situations with many buyers.
  b. occurs fairly often in situations with only a few buyers.
  c. is only observed in competitive markets.
  d. rarely occurs because firms do not have sufficient power to differentiate among specific buyers.


jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

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.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Romanian Adoptees’ Cognitive Abilities, by Age of Adoption The later the age of adoption, the lower Romanian Adoptees’ Cognitive Abilities, by Age of Adoption The later the age of adoption, the lower
Inverse Relation Between IQ and Disease. Could this explain the Flynn effect? Inverse Relation Between IQ and Disease. Could this explain the Flynn effect?
Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ... Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ...
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Video: Osmosis - water transport

For a complete list of videos, visit our video library