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

Author Question: Kids eat free in a fast food restaurant is an example of A) first-degree price discrimination. ... (Read 275 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Kids eat free in a fast food restaurant is an example of
 
  A) first-degree price discrimination.
  B) second-degree price discrimination.
  C) third-degree price discrimination.
  D) no price discrimination.

Question 2

Because a monopoly ignores external costs, it is possible that it will
 
  A) produce the socially optimal quantity of a good.
  B) produce more than the socially optimal quantity of a good.
  C) produce less than the socially optimal quantity of a good.
  D) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


tingc95

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jul 1, 2018
Thank you :)


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Food Chain Food Chain
Two-point discrimination Two-point discrimination
Food Web in Aquatic Biome Food Web in Aquatic Biome
The frequency of bipolar illness in members of monozygotic twin pairs and in first-degree relatives The frequency of bipolar illness in members of monozygotic twin pairs and in first-degree relatives
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
A variety of organic compounds from food can enter the reactions of aerobic respiration. A variety of organic compounds from food can enter the reactions of aerobic respiration.
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library