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Author Question: The Internet has made it possible to compare lots of prices without incurring a lot of cost. If ... (Read 94 times)

rayancarla1

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The Internet has made it possible to compare lots of prices without incurring a lot of cost. If Internet access is unequally distributed throughout the population one would expect
 
  A) consumers with Internet access to pay a higher price.
  B) consumers without Internet access to pay a lower price.
  C) price discrimination against consumers without Internet access.
  D) firms to charge the same price to all consumers.

Question 2

The Internet has made it possible to compare lots of prices without incurring a lot of cost. This
 
  A) has given firms added market power to price discriminate.
  B) has significantly reduced search cost and made markets more competitive.
  C) has enabled firms to charge higher prices to consumers with computers.
  D) has only affected technology markets.


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heyhey123

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rayancarla1

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


daiying98

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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