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

Author Question: To buy season tickets at the new Levi's Stadium, 49ers fans have to buy a Personal Seat License ... (Read 50 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
To buy season tickets at the new Levi's Stadium, 49ers fans have to buy a Personal Seat License (PSL) that then allows them to buy season tickets for the next 30 years. This is an example of
 
  A) why the NFL shouldn't have anti-trust exemptions.
  B) two-part pricing, where the PSL is the lump-sum payment.
  C) pure bundling pricing.
  D) positively correlated pricing.

Question 2

If a competitive firm cannot earn a profit at any level of output during a given short-run period, then which of the following is FALSE?
 
  A) It will shut down in the short run and wait until the price increases sufficiently.
  B) It will exit the industry in the long run.
  C) It will operate at a loss in the short run.
  D) It will minimize its loss by decreasing output so that price exceeds marginal cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

B

Answer to Question 2

D





 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

For a complete list of videos, visit our video library