This topic contains a solution. Click here to go to the answer

Author Question: A two-part price is less efficient than a Ramsey. Indicate whether the statement is true or ... (Read 46 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
A two-part price is less efficient than a Ramsey.
 
  Indicate whether the statement is true or false

Question 2

Ramsey pricing avoids cross subsidy.
 
  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

akudia

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

F The two-part price can be more efficient. Think of it this way: Each part of a two-part price may be set as a Ramsey price and two Ramsey prices should be better than one. With two prices there is opportunity for more subtle adjustment.

Answer to Question 2

F It is possible to have Ramsey prices that cross subsidize.




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jul 1, 2018
:D TYSM


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library