Which would be evidence of price discrimination at a local bar called Heaters?
A. Charging lower prices to customers wearing Heaters t-shirts.
B. Charging lower prices during Happy Hour from 5 to 6 p.m.
C. Charging higher prices than under perfect competition.
D. Charging higher prices for imported than for domestic beer.
Answer: A
Economics
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When a firm sells products at lower prices to foreign purchasers, it is known as:
a. international dumping. b. restraint of trade. c. price gouging. d. reciprocal dumping.
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Explain the case for land reform in Latin America. Are there any potential negative effects? What steps could be taken to address these effects?
What will be an ideal response?
Economics