An example of price discrimination is the price charged for:
a. a postage stamp.
b. theater tickets that offer lower prices for children.
c. an economics textbook at a campus bookstore.
d. Any of these.
b
Economics
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The law of one price should hold well for
A) differentiated products. B) any individual goods traded internationally. C) homogeneous goods. D) All of the above.
Economics
Buddy bought a bond last year for $10,000. His bond pays $1,000 a year. This year a bond that sells for $10,000 pays $900 a year. If Buddy were to sell his (old) bond, its price would be approximately
A) $11,111. B) $10,120. C) $9,000. D) $12,000. E) $9,500.
Economics