« previous next »

Author Question: Under perfect price discrimination, consumer surplus A) is less than zero. B) is greater than ... (Read 182 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
Under perfect price discrimination, consumer surplus
 
  A) is less than zero.
  B) is greater than zero.
  C) equals zero.
  D) is maximized.

Question 2

When facing a 50 chance of receiving 50 and a 50 chance of receiving 100, the individual pictured in Figure 5.2
 
  A) would pay a risk premium of 10 utils to avoid facing the two outcomes.
  B) would want to be paid a risk premium of 10 utils to give up the opportunity of facing the two outcomes.
  C) would pay a risk premium of 7.50 to avoid facing the two outcomes.
  D) would want to be paid a risk premium of 7.50 to avoid facing the two outcomes.
  E) has a risk premium of 10 utils.


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

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

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Greater wings Greater wings
Alan Price - Poor People Alan Price - Poor People
Middle age brings greater career satisfaction than young adulthood, sometimes through major job ... Middle age brings greater career satisfaction than young adulthood, sometimes through major job ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library