« previous next »

Author Question: Which of the following is an example of peak-load pricing? A) Charging less for vacations to ... (Read 95 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
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.


kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

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?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Hubbert’s peak Hubbert’s peak
Always check the battery, using a conductance or load tester. A battery showing a green charge ... Always check the battery, using a conductance or load tester. A battery showing a green charge ...
A typical peak-and-hold fuel-injector waveform. Most fuel injectors that measure less than 6 ohms ... A typical peak-and-hold fuel-injector waveform. Most fuel injectors that measure less than 6 ohms ...
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
Modern Predication of Peak in Global Oil Production Modern Predication of Peak in Global Oil Production
Steps involved in charging tRNA Steps involved in charging tRNA
Video: Exercise and cardiac output

For a complete list of videos, visit our video library