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 26 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
Great answer, keep it coming :)

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

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 Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ... Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ...
Community colleges have opened higher education to millions of students who would not otherwise have ... Community colleges have opened higher education to millions of students who would not otherwise have ...
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Video: Body plan of euglena Animation

For a complete list of videos, visit our video library