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

Author Question: Block pricing A) is a form of nonlinear price discrimination. B) is pricing where one price is ... (Read 97 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jul 1, 2018
Block pricing
 
  A) is a form of nonlinear price discrimination.
  B) is pricing where one price is charged for the first block of units purchased, and different prices for subsequent blocks.
  C) can be either use increasing or decreasing prices for blocks purchased.
  D) All of the above.

Question 2

A firm sets its output where
 
  A) marginal profit minus marginal cost equals zero (MP - MC = 0).
  B) marginal revenue minus marginal profit equals zero (MR - MP = 0).
  C) marginal revenue minus marginal cost equals zero (MR - MC = 0).
  D) marginal revenue minus marginal cost is greater than zero (MR - MC > 0)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Marty

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Jul 1, 2018
Correct answers!


Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Ice-wedges form netlike polygons on the surface of the tundra, aerial photo of polygonal peat platea Ice-wedges form netlike polygons on the surface of the tundra, aerial photo of polygonal peat platea
Embryonic cells form the placenta Embryonic cells form the placenta
Responses to Viewing Form from Motion Responses to Viewing Form from Motion
MDCK cells can form cysts in culture MDCK cells can form cysts in culture
Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ... Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ...
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library