Markup pricing is the same as
A) internet pricing.
B) cost plus pricing.
C) peak-load pricing.
D) price discrimination.
B
Economics
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In order for a firm to face a perfectly elastic demand curve, it must
a. be a large firm selling a standardized product b. be a small producer selling a standardized product c. be a small producer; its product may or may not be standardized d. be a large producer selling a non-standardized product e. sell a standardized product, but the size of the firm is irrelevant
Economics
Using typical estimates of the sacrifice ratio, how much output would likely be sacrificed to reduce inflation by 3 percent?
Economics