For a firm to be able to engage in price discrimination, it must
A) face a downward sloping demand curve.
B) produce more than one product.
C) have customers of different levels of wealth and age.
D) have economies of scale.
A
Economics
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If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market the demand for U.S. dollars will decrease
Indicate whether the statement is true or false
Economics
Refer to the above table. If the price of the product is $1.50, and the marginal factor cost of an additional unit of an input is $105, how many units of labor should be hired?
A) 11 B) 12 C) 13 D) 14
Economics