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

Author Question: Decisions have history. The _________ Model shows the importance of reference groups. a. ... (Read 54 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jul 1, 2018
Decisions have history. The _________ Model shows the importance of reference groups.
 
  a. Re-invent
  b. Elbing
  c. Chain
  d. Central-satellite

Question 2

Ramsey prices for a budget-constrained (breakeven) multi-product firm will allow the same welfare loss per dollar of contribution to fixed costs for every product.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

T Optimal prices for the multi-product firm, which must exceed marginal costs in order to yield enough contribution to cover fixed cost, should be adjusted until the contribution to fixed cost per unit of revenue is the same for each product. If this was not true, an adjustment in prices could allow more contribution with less welfare loss. Prices that reach that standard of equal contribution per dollar of revenue are Ramsey prices.


notis

  • Member
  • Posts: 596
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Gorillas live in one-male or multimale groups, from which females emigrate at sexual materity. Gorillas live in one-male or multimale groups, from which females emigrate at sexual materity.
Nurising history for heart assessment Nurising history for heart assessment
Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
Flow cytometry data that shows the differences in CD3+ CD4+ cells that occur with HIV infection. ... Flow cytometry data that shows the differences in CD3+ CD4+ cells that occur with HIV infection. ...
Descartes's model of simple reflexes Descartes's model of simple reflexes
Reverse Genetics Approaches in Model Genetic Organisms Reverse Genetics Approaches in Model Genetic Organisms
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library