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

Author Question: Vacation tours to Europe invariably package visits to disparate regions: cities, mountains, and the ... (Read 37 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
Vacation tours to Europe invariably package visits to disparate regions: cities, mountains, and the seaside. Bundling, a type of second degree price discrimination, is most profitable when:
 a. the preference rankings of vacationers travelling together are negatively correlated.
  b. a preference for cities is always higher than preferences for mountain vistas.
  c. preference rankings of vacationers travelling together are positively correlated.
  d. preference for the seaside is always higher than preferences for city excursions.
  e. no one wants to take a European vacation package to cities, mountains, and the seaside.

Question 2

Adverse selection in insurance requires that
 a. potential customers face different levels risk
  b. potential customers facing more risk are no more interested in purchasing insurance
  c. people are not risk averse
  d. insurers can tell higher risk people from lower risk people


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


cabate

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jul 1, 2018
Thank you :)


alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Far Oceania was the last of the regions of the world to be colonized by humans. Far Oceania was the last of the regions of the world to be colonized by humans.
Regions of the Human Visual Cortex and Their Functions Regions of the Human Visual Cortex and Their Functions
Regions of the Brain Affected by Antianxiety Medications Regions of the Brain Affected by Antianxiety Medications
Genital herpes—U.S. initial visits to physicians' offices, 1866–2009. Genital herpes—U.S. initial visits to physicians' offices, 1866–2009.
Europe’s Size and Location Europe’s Size and Location
Hemophilia A in the royal families of Europe Hemophilia A in the royal families of Europe
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library