Price discrimination is the practice of charging

Assignment Help Business Economics
Reference no: EM13985939

1. Price discrimination is the practice of charging:

different prices for different goods.

different prices to different customers for the same good.

high prices for products with high marginal costs and low prices for products with low marginal costs.

the same price for different goods in different geographical locations.

2. Competitive markets ______ goods with negative externalities and ______ provide goods with positive externalities.

overprovide; underprovide

underprovide; overprovide

overprovide; overprovide

underprovide; underprovide

Reference no: EM13985939

Questions Cloud

Current profit maximization : Pricing to cover variable costs and some fixed costs, as in the case of some auto mobile distributorship that sell below total costs, is typical of which of the following pricing objectives?
Incentive to chisel because market price exceeds : Each firm in a cartel has an incentive to chisel because market price exceeds, Under the cartel model, each firm produces where
Shrinking of distances due to technological : The shrinking of distances due to technological advances such as computer and fax connections by telephone, are one characteristic of what new challenge to marketing?
How to evaluate research materials : How to Evaluate Research Materials- Previously, you reviewed how to read research articles. This activity takes you to another critical step as a researcher and academic scholar: how to evaluate the merits of research materials
Price discrimination is the practice of charging : Price discrimination is the practice of charging: Competitive markets ______ goods with negative externalities and ______ provide goods with positive externalities.
Information forms available to the marketing manager : Which of the following information forms available to the marketing manager can usually be accessed more quickly and cheaply than other information sources?
Calculate a new mrp that improves the base mrp : Calculate a new MRP that improves the base MRP and compare and contrast the types of production processing-job shop, batch, repetitive, or continuous-and determine which the primary mode of operation is and why.
Stage of the new product development process : A company is in the stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product.
Price discrimination is motivated by the firms desire : If a firm practices first-degree (perfect) price discrimination, it must be TRUE that the firm: Price discrimination is motivated by the firm's desire to:

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 labor is a resource that is necessary to produce many

q1. labor is a resource that is necessary to produce many goods. if the price of labor falls says the economist the

  Maximum amount that the company should pay for investment

Your company has the opportunity to make an investment that promises to pay $24,000 after 6 years. If your company has a required return of 8.5% on this type of investment, what is the maximum amount that the company should pay for the investment? Ex..

  Qpure pool services provide weekly pool maintenance in

q.pure pool services provide weekly pool maintenance in beverly hills. dozens of firms provide this service. the

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Under cost controls rationing is as inefficient

Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.

  Country have in common with the migrants

If you were the Prime Minister of the United Kingdom, in terms of cultural identities. What do citizens of your country (united kingdom) have in common with the migrants? Is there pressure (economic, political, religious) on your to accept migrants i..

  Decrease in the price level

A decrease in the price level will

  What are the conventional monetary tools

Why was the Federal Reserve System set up with twelve regional Federal Reserve banks rather than one central bank, as in other countries? The Fed is the most independent of all U.S. government agencies. What is the main difference between it and othe..

  Uses difference-in-difference identification strategy

Card and Krueger's paper (AER 1994, "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania") uses a difference-in-difference identification strategy to identify the causal effect of a minimum wage increas..

  Is there a difference between the two communities

Which lawyer would you sooner choose if you were on trial for a serious crime in a urban vs. a rural society. Is there a difference between the two communities? If there is tell us why there might be a difference.

  What is the money multiplier

Assume a model where the currency ratio is 0.4 (c = 0.4), the excess reserve ratio is 0.2 (e = 0.2), and the required reserve ratio is 0.1(r = 0.1). What is the money multiplier? What change in the money supply results from an open market sale of $25..

  Tax due to oligarchs heavy influence

How much the person should must get? And is it taken from any person who works in US? My country is paralyzed to impose this tax due to oligarchs heavy influence. I just wanted to gain some knowledge.

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