Which of the following will make price discrimination difficult for a monopolist?
A) the possibility of resale of the product
B) a constant marginal cost curve
C) an increasing marginal cost
D) a downward sloping demand curve
A
Economics
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Interest rates and investment are actually observed to move most of time in ________, and this is explained by other factors affecting investment shifting the ________ curve to the right
A) the same direction, IS B) the same direction, LM C) opposite directions, IS D) opposite directions, LM
Economics
Use the following general linear demand function below:Qd = a + bP + cM + dPRwhere Qd = quantity demanded, P = the price of the good, M = income, PR = the price of a good related in consumption. The law of demand requires that
A. b < 0 and P < 0. B. b < 0. C. P < 0. D. a < 0 and b < 0. E. a < 0.
Economics