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Author Question: Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ... (Read 53 times)

abern

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on: Jul 1, 2018
Firms choose to price discriminate
 a. To earn higher profits
  b. To sell goods to consumers who otherwise would not have purchased
  c. Both a and b
  d. None of the above

Question 2

The primary additional insight provided by expanding the theory of demand from two to three goods is that a pair of goods may now be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.


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chem1s3

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

c

Answer to Question 2

d


abern

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Reply #2 on: Jul 1, 2018
Correct answers!


chem1s3

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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