The idea behind price discrimination is
a. To be able to sell to high-value customers, who value the product most
b. To be able to sell to the marginal customers, who are indifferent about the purchase
c. To be able to sell to the low-value customers, who would otherwise not buy the product
d. To be able to sell to both high and low value customers at different prices
d
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When comparing the velocity of M2 (V2), with the velocity of M1 (V1), the evidence suggests that V2 has been __________ and V1 has been __________ over time
A) relatively predictable; relatively predictable B) relatively predictable; relatively unpredictable C) relatively unpredictable; relatively predictable D) relatively unpredictable; relatively unpredictable
In-kind assistance programs are direct transfers of goods and services to the poor
Indicate whether the statement is true or false