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 12 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
:D TYSM

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
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.
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
The limbic system is located within the higher brain, or cerebrum. The limbic system is located within the higher brain, or cerebrum.
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library