Author Question: Horizontal contracts generally run ______the goals of the customers a. Indifferent to b. In line ... (Read 57 times)

genevieve1028 · **on:** Jul 1, 2018

Horizontal contracts generally run ______the goals of the customers
a. Indifferent to
b. In line with
c. Contrary to
d. None of the above

Question 2

For a firm to maximize total profits through price discrimination, it should
a. Charge a high price to consumers with an inelastic demand and low price to consumers with an elastic demand
b. Charge a low price to consumers with an inelastic demand and high price to consumers with an elastic demand
c. Charge the same price to both sets of consumers by maximizing at MR=MC on the elastic demand
d. Charge the same price to both sets of consumers by maximizing at MR=MC on the inelastic demand