Is the company practicing any type of price discrimination

Assignment Help Microeconomics
Reference no: EM13219270

(a) The local utility company applies a "declining block" rate structure for its industrial consumers, that lower unit price is charged for higher quantity blocks of electricity and water usage. Is the company practicing any type of price discrimination? If the company incurs diseconomies of scale due to capacity limits, will it be encouraged to do so?

(b) Most cell phone rate plans are provided as a two-part tariff: a monthly access fee which includes some free minutes and a per-minute charge for additional minutes. In addition, major providers usually offer several different types of rate plans and even options within each. Why don't they simply offer a single two-part tariff to all consumers?

Reference no: EM13219270

Questions Cloud

What is dither in audio signal processing : What is dither in audio signal processing?
What is the average electron drift velocity : A silicon semiconductor resistor is in the shape of a rectangular bar with a cross sectional area of 1x10^-6 cm^2 a length of 0.1 cm and is doped with a donor concentration of 5x10^16 cm^-3.
Behavioral-psychological and physiological consequences : Explain in bullet statements the consequences of stress based on the following: Behavioral, Psychological,and Physiological consequences.
Explain dynamic relationship of motivation-personality : Explain the history of motivation theory in I/O psychology based on: Freud's Instinct theory, Maslow theory, Skinner's Behavioral theory, and Kurt Lewin's group dynamics. Explain the dynamic relationship of Motivation and personality.
Is the company practicing any type of price discrimination : The local utility company applies a "declining block" rate structure for its industrial consumers, that lower unit price is charged for higher quantity blocks of electricity and water usage. Is the company practicing any type of price discriminati..
Calculate the price elasticity of demand for each group : Suppose that the eye doctor offers senior residents a discounted price for an eye exam. The demand function for senior residents is Qs = 50 - Ps, and the demand function for the general public is Qg = 60 - Pg. The marginal cost for an eye exam is ..
Native reasoning abilities-inductive reasoning : Solve the following mini-mysteries on your own using your own native reasoning abilities, and then based on what you have learned, explain how you know deductive rather than inductive reasoning is used in each case.
Find the displacement s of the piston : one question: During each cycle, the velocity v (in mm/s) of a piston is v = 6t - 6t^2, where t is the time (in sec). Find the displacement s of the piston after 0.75 sec if the initial displacement is zero.
What memory modules are needed : What memory modules are needed if the customer wants 1.25GB of RAM?(What capacities and how many of each capacity?)

Reviews

Write a Review

 

Microeconomics Questions & Answers

  How higher price of corn impact the market

Use the demand and supply analysis to explain how higher price of corn impact the market for Ethanol (a motor fuel manufactured from corn and can be used to power the engines of many Automobiles).

  What if the fed wants to decrease money supply

Recently, the Fed is paying banks interests for their required reserves and excess reserves. This is now the fourth policy tool for the Fed to control money supply (in addition to the three policy tools summarized on p. 423.). what if the Fed want..

  Identify how the process might differ from a centrally plan

Explain the process or mechanism underlying how a market-based economic system allocates scares resources. Identify how this process might differ from a centrally planned or command economy.

  What are implications when the government gets involved

What are some of the cost implications of industrialization of family farms What are implications when the government gets involved What are implications for future firm size in the market as a result of the recent drought

  When the production of a good generates external benefits

Which of the following increases the political power of special interest groups and makes counterproductive government action more likelyA car sells at different prices at different dealerships in a local market. If a consumer has imperfect informa..

  Question about demand curves

The demand for new motor homes in the US is highly cyclical and sensitive to diesel fuel values and interest rates. Given these characteristics, explain the effect of the following on quantity demanded

  Example of monopolistic competition

Describe why the following is an example of monopolistic competition: There are a number of fast-food restaurants in town, and they compete fiercely.

  Calculate restaurants income elasticity of demand

Becky really likes Macaroni Grill but can only afford to eat out 4 times a year.So calculate for restaurants the income elasticity of demand?

  How many different possible dial combinations are locked

a. How many different possible dial combinations are there for this lock b. What is the probability that if you randomly select a posi- tion on each dial, you will be able to open the bank vault c. Explain why "dial combinations" are not mathematical..

  What factors may help determine the value of information

In economics, what factors may help determine the value of information Can you provide factors in the case when information is treated as a consumption good Can you provide factors in the case when information is treated as an input in the decisio..

  Theories of supply and demand for regulation

Environmental Protection Agency regulations tend to go by several stages of review and approval before they are implemented.

  How big will that budget have to spend

How big will that budget have to be before he would spend a $1 buying a first cup of coffee?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd