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

Author Question: Under what circumstances are the marginal expenditure for an input and the average expenditure ... (Read 31 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
Under what circumstances are the marginal expenditure for an input and the average expenditure always equal? Where there is a
 
  A) competitive buyer.
  B) competitive seller.
  C) monopoly buyer.
  D) monopoly seller.

Question 2

An amusement park charges an entrance fee of 75 per person plus 2.50 per ride. This is an example of
 
  A) first-degree price discrimination.
  B) a two-part tariff.
  C) second-degree price discrimination.
  D) bundling.
  E) tying.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


kodithompson

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jul 1, 2018
Thank you :)


blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
What would your average (mean) number of cells per cluster be? What would your average (mean) number of cells per cluster be?
Video: Wound Repair Animation

For a complete list of videos, visit our video library