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Author Question: In ____ price discrimination, the monopolist charges each consumer the highest price that purchaser ... (Read 90 times)

RYAN BANYAN

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on: Jul 1, 2018
In ____ price discrimination, the monopolist charges each consumer the highest price that purchaser is willing to pay for each unit purchased (provided that this price exceeds the marginal cost of production).
 a. first-degree
  b. second-degree
  c. third-degree
  d. a and b
  e. none of the above

Question 2

When buying a car from a commission salesman you improve your bargaining position by
 a. shopping when the new model year cars have just arrived
  b. shopping when the showroom is empty of customers
  c. shopping when the car lot has few cars left unsold
  d. shopping toward the beginning of the month


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scikid

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


RYAN BANYAN

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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