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Author Question: Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________. ... (Read 85 times)

bobbysung

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on: Jul 1, 2018
Consumers 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

Which of the following will change only the quantity demanded of oranges?
 
  A) an increase in the population
  B) a change in the price of tangerines
  C) a change in the price of oranges
  D) a decrease in the taste and preferences for oranges


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mistyjohnson

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


bobbysung

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
Wow, this really help

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