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Author Question: A weighted output maximization could serve as a reasonable pricing guideline. Indicate whether ... (Read 31 times)

karateprodigy

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on: Jul 1, 2018
A weighted output maximization could serve as a reasonable pricing guideline.
 
  Indicate whether the statement is true or false

Question 2

_________ can cloud the ability to make decisions or to accept decisions once they are made.
 
  a. Procrastination
  b. Integrity
  c. Self-doubt
  d. Boredom


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kjohnson

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Reply #1 on: Jul 1, 2018
Answer to Question 1

T Such a pricing guideline would keep the firm from exploiting less elastic demand curves and allows the firm less discretion than the breakeven constraint, but it does not maximize welfare and is not as good in that respect as Ramsey pricing.

Answer to Question 2

C


karateprodigy

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

tandmlomax84

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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