« previous next »

Author Question: In theory, price discrimination a. Reduces the number of consumers who purchase the firm's product ... (Read 98 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
In theory, price discrimination
 a. Reduces the number of consumers who purchase the firm's product
  b. Decreases producer surplus
  c. Decreases consumer surplus
  d. Has no effect on deadweight loss

Question 2

If a fair game is played many times the monetary losses or gains will:
 a. approach zero.
  b. be negative.
  c. be positive.
  d. result in an outcome that cannot be determined without more information.


coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Relationship between Hox gene number and body complexity in different types of animals. Relationship between Hox gene number and body complexity in different types of animals.
Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re
The number of words correctly completed in the New York Times crossword puzzle increases with age ... The number of words correctly completed in the New York Times crossword puzzle increases with age ...
The vehicle identification number (VIN) is visible through the base of the windshield and on a ... The vehicle identification number (VIN) is visible through the base of the windshield and on a ...
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
Use the product rule to find derivative Use the product rule to find derivative
Video: Introduction to Genetics

For a complete list of videos, visit our video library