The economic incentive for third-degree price discrimination is based upon ________.
A. differences among sellers' costs
B. a desire to evade antitrust legislation
C. prejudices of business managers
D. differences among buyers' elasticities of demand
Answer: D
Economics
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An increase in the nation's capital stock will
A) shift the PPF outward. B) cause a movement along the PPF up and to the left. C) cause a movement along the PPF down and to the right. D) move the nation from producing within the PPF to producing at a point closer to the PPF.
Economics
The income of corporate managers is included in
a. employee compensation b. interest c. rent d. corporate profit e. proprietors' income
Economics