Which of the following statements is NOT compatible with explanations for why peak-load pricing is more profitable than charging a single price?
A) Consumer willingness to pay for the product varies a lot across different time periods.
B) Marginal cost of production is much higher under peak demand.
C) Marginal revenue changes a lot across different time periods.
D) Marginal revenue must be the same across different time periods.
Question 2
Which of the following is true? Partial equilibrium analysis will
A) overstate the impact of a tax for both substitutes and complements.
B) understate the impact of a tax for both substitutes and complements.
C) understate the impact of a tax for complements and overstate the impact for substitutes.
D) understate the impact of a tax for substitutes and overstate the impact for complements.
An Estimate of the Time of Global Peak Conventional Oil Production
Pedigree analysis (Widows Peak)
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
Peak flow meter.
Modern Predication of Peak in Global Oil Production
Conventional oil reserves have passed peak production