Author Question: Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ... (Read 92 times)

abern · **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.

chem1s3 · **Reply #1 on:** Jul 1, 2018

Answer to Question 1

c

Answer to Question 2

d

abern · **Reply #2 on:** Jul 1, 2018

Correct answers!

chem1s3 · **Reply #3 on:** Jul 1, 2018

Great! Please up vote

Author Question: Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ... (Read 92 times)

abern

Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ...

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chem1s3

Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ...

abern

Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ...

chem1s3

Firms choose to price discriminate a. To earn higher profits b. To sell goods to consumers who ...