Many college football teams require a "donation" in order to purchase season tickets. This is
A) price gouging.
B) a tie-in sale.
C) two part pricing.
D) anti-competitive behavior.
C
Economics
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Why is a perfectly competitive firm said to be a price taker?
a. It produces such a good which is not produced by any other firm in the market. b. It faces a downward sloping market demand curve. c. The firm's individual production is insignificant relative to the production in the industry. d. There are no barriers to the entry of new firms in the industry. e. The firm's marginal-revenue curve is downward sloping.
Economics
New classical economists advocate less government intervention than the new Keynesian school of thought
a. True b. False Indicate whether the statement is true or false
Economics