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

Author Question: Suppose a firm uses the following price strategy for every customer. The first two units purchased ... (Read 56 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
Suppose a firm uses the following price strategy for every customer. The first two units purchased cost 4 each, and any extra unit costs 3.50. What kind of price discrimination is this?
 
  A) First-degree price discrimination
  B) Group price discrimination.
  C) Non-uniform pricing.
  D) Uniform pricing.

Question 2

Which of the following is an example of group price discrimination?
 
  A) Senior citizen discounts.
  B) Buy two, get one free.
  C) Buy one, get another half off.
  D) None of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
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.
Answer Preview
Only 50% of students answer this correctly


james9437

  • Member
  • Posts: 568
Reply 2 on: Jul 1, 2018
:D TYSM

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
Units of Radiation Measurement Units of Radiation Measurement
How to convert between imperial and metric units (Part 2) How to convert between imperial and metric units (Part 2)
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library