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Author Question: Assume you have four tickets to a U2 concert. You decide to sell each of them separately on an ... (Read 115 times)

student77

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on: Jul 1, 2018
Assume you have four tickets to a U2 concert. You decide to sell each of them separately on an auction site such as eBay. Your auctions represent
 
  A) price differentiation.
  B) perfect price discrimination amongst those who bid for your tickets.
  C) perfect price discrimination amongst all people who buy tickets for the concert.
  D) an illegal act, subject to state and federal prosecution.

Question 2

Assume a firm organizes all individuals by their willingness to pay (least to most). If the firm starts to perfectly price discriminate, what is likely to happen?
 
  A) Consumers start to arbitrage amongst themselves.
  B) The firm's profits will be maximized.
  C) The firm's costs will be minimized.
  D) The firm starts to arbitrage with consumers.
Microeconomics ¦ Perloff ¦ 8th Edition
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amcvicar

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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student77

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
:D TYSM

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