Author Question: Which of these is NOT an exercise in general equilibrium analysis? A) A discussion of factors ... (Read 9 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
Which of these is NOT an exercise in general equilibrium analysis?
 
  A) A discussion of factors within the wheat market that influence wheat prices
  B) An analysis of the effects of changes in oil prices upon the natural gas market
  C) An evaluation of relationships between the markets for tires and automobiles
  D) none of the above

Question 2

What is the key characteristic of profit maximizing price discrimination that distinguishes intertemporal price discrimination from peak-load pricing?
 
  A) Peak-load pricing does not require MC = MR.
  B) Marginal revenue may be different across different groups of buyers under intertemporal price discrimination.
  C) Marginal costs are independent across time periods under peak-load pricing.
  D) Marginal revenue must be constant under both pricing schemes.



xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library