Which of the following is true of successful price discriminators?
a. They make greater profits than by charging everyone a uniform price
b. Their customers must have different willingness to pay.
c. Their customers must have difficulty reselling the good to other customers.
d. All of the above are true of successful price discriminators.
d
Economics
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A ________is a concept that describes the relationship between changes in output to different amounts of a single input while other inputs are held constant.
Fill in the blank(s) with the appropriate word(s).
Economics
If the market demand for paper remains the same as in Problem 6, calculate the market price, market output, and the economic profit or loss of each firm
What will be an ideal response?
Economics