« previous next »

Author Question: The management of a rental building faces a rent control situation, where it cannot charge more than ... (Read 12 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jul 1, 2018
The management of a rental building faces a rent control situation, where it cannot charge more than 400 a month in rent on the apartment. The management knows that the apartments are high in demand and renters would be willing to be 1000 per month for them. The management decides to offer the controlled rent, rents furniture to its tenants, but successfully bars delivery from competing furniture stores. This is an example of
 a. Tying
 b. Bundling
 c. Exclusion
  d. Fraud

Question 2

A firm practicing direct price discrimination will charge a higher price to
 a. Consumers with an elastic demand
  b. All consumers
  c. Consumers with an inelastic demand
  d. Consumers with unitary elastic demand


zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Faces Faces
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Reorganization of the rat motor cortex following transection of the motor neurons that control ... Reorganization of the rat motor cortex following transection of the motor neurons that control ...
Building a Client Base Building a Client Base
The five skills of the element Analysis of Situation The five skills of the element Analysis of Situation
International Business Management International Business Management
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library