Using outlet stores to price discriminate has been successful for many companies, with sales increasing faster than at conventional retail stores

The law of supply states that, holding other factors constant, as price increases

a. Quantity supplied increases b. Quantity supplied decreases c. Quantity demanded increases d. Quantity demanded decreases

The increase in total output that results from a unit increase in the employment of a variable input is equal to the input's

a. total product. b. marginal product. c. average product. d. marginal cost.