This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: To buy season tickets at the new Levi's Stadium, 49ers fans have to buy a Personal Seat License ... (Read 77 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


leo leo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jul 1, 2018
Thank you :)


nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Personal Beliefs Influence Grades Personal Beliefs Influence Grades
Is it ethical to break the law to defend our personal integrity? Is it ethical to break the law to defend our personal integrity?
Personal care setting. Personal care setting.
Ayurvedic massage. Sliding circles at the seat of Vata, recipient in side-lying position. Ayurvedic massage. Sliding circles at the seat of Vata, recipient in side-lying position.
The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ... The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ...
Video: Pasteur's Experiment

For a complete list of videos, visit our video library