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 70 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?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ... The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ...
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Average Surface Air Pressure – July Average Surface Air Pressure – July
Video: Osteoporosis

For a complete list of videos, visit our video library