What do economists mean by pricing-to-market?
What will be an ideal response?
Pricing-to-market means that a producer charges different prices in different markets for the same good. Clearly, this requires the markets to be segmented to prevent arbitrage in the goods market, and the producer must have some degree of monopoly power in the sense that the demand curve that it faces in each of the markets is not perfectly elastic.
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Bank customers try to reduce uncertainty by drawing inferences from the ________, such as the design of the building's exterior and interior, the layout of the desks, and the length of waiting lines
A) people B) symbols C) equipment D) place E) communication material
A company must accommodate an employee's special needs up to the point of undue hardship
Indicate whether the statement is true or false