Which of the following is an example of peak-load pricing?
A) Charging less for vacations to Hawaii during December and January
B) Charging more for electricity on hot days
C) Setting price equal to marginal cost when there is a capacity constraint
D) Selling excess capacity at lower prices
Question 2
In a repeated game, deterring entry
A) is not possible.
B) is not a rational strategy if money is lost fighting the first potential entrant.
C) may require losing money fighting the first potential entrant.
D) cannot form a subgame perfect Nash equilibrium.
Phone charging
An Estimate of the Time of Global Peak Conventional Oil Production
Albert Bierstadt, The Rocky Mountains, Lander's Peak, (detail).
(a) As an engine is accelerated under a load, the engine vacuum drops. This drop in vacuum is ...
Peak flow meter.
Conventional oil reserves have passed peak production