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

Author Question: Consumers who place a high value on a good are better off with pricing in the following order: ... (Read 73 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
Consumers who place a high value on a good are better off with pricing in the following order: 1)________; 2)________; 3)________.
 
  A) competitive market; perfect price discrimination; single-price monopoly
  B) competitive market; single-price monopoly; perfect price discrimination
  C) single-price monopoly; competitive market; perfect price discrimination
  D) Unable to determine.

Question 2

Coke and Pepsi are substitutes if
 
  A) the demand for Coke increases when the price of Pepsi falls.
  B) the demand for Coke increases when the price of Pepsi rises.
  C) the supply of Coke increases when the price of Pepsi falls.
  D) the demand for Coke and Pepsi rise and fall together.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


lbcchick

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Wow, this really help

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

A speculum used to hold the vagina open in order to visualize the cervix. A speculum used to hold the vagina open in order to visualize the cervix.
Apply deep circular effleurage to the buttocks muscles as a warming technique. Place one hand on top ... Apply deep circular effleurage to the buttocks muscles as a warming technique. Place one hand on top ...
Passive shoulder roll. Place one hand on the anterior and the other on the posterior shoulder. ... Passive shoulder roll. Place one hand on the anterior and the other on the posterior shoulder. ...
Carrots are a good source of vitamin A Carrots are a good source of vitamin A
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Response of corn selected for high and low oil content over 76 generations Response of corn selected for high and low oil content over 76 generations
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library