This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For direct price discrimination to work effectively a. The low-valued group should not be able to ... (Read 73 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jul 1, 2018
For direct price discrimination to work effectively
 a. The low-valued group should not be able to arbitrage
  b. Charge the same price to the different groups
  c. Both groups should have the same elasticity of demand
  d. None of the above

Question 2

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 controlled rent but force the tenants to rent furniture from them. This is an example of
 a. Tying
 b. Bundling
 c. Exclusion
  d. Fraud


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


serike

  • Member
  • Posts: 542
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen
Lilly Martin Spencer’s Young Husband: First Marketing (1854). Note that passers-by are amused at thi Lilly Martin Spencer’s Young Husband: First Marketing (1854). Note that passers-by are amused at thi
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
An emergency department physician at work An emergency department physician at work
skeletal muscle consists of a group of fibers held together by connective tissue. It is enclosed in ... skeletal muscle consists of a group of fibers held together by connective tissue. It is enclosed in ...
To cleanse an open wound, begin close to the wound and work outward in full or half circles. To cleanse an open wound, begin close to the wound and work outward in full or half circles.
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library