This topic contains a solution. Click here to go to the answer

Author Question: Cruise liners offer last minute deals because a. The marginal cost is higher than the marginal ... (Read 49 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
Cruise liners offer last minute deals because
 a. The marginal cost is higher than the marginal revenue since fixed costs are sunk
 b. The marginal costs of an additional passenger are very low at that point and companies gain by lowering prices
  c. The average cost of an additional passenger is very low at that point and companies gain by lowering prices
  d. All of the above

Question 2

Many bars close to campuses have started offering cheaper beer to consumers with a student IDs. These bars are using
 a. Direct price discrimination
 b. Indirect price discrimination
  c. Decreasing returns to scale
 d. None of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

b

Answer to Question 2

a




s.tung

  • Member
  • Posts: 577
Reply 2 on: Jul 1, 2018
Gracias!


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library