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

Author Question: Cruise liners offer last minute deals because a. The marginal cost is higher than the marginal ... (Read 59 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


s.tung

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

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ... Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ...
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
One Minute Sit-up Test for Abdominal Muscle Strength and Endurance. One Minute Sit-up Test for Abdominal Muscle Strength and Endurance.
Cost of Laptops Cost of Laptops
One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library