Second-degree price discrimination:
a. is also known as block rate setting
b. is imperfect in the eyes of a monopolist
c. is regularly practiced by public utilities
d. is effective only in the case of services or products which are sold in easily metered units
e. all of the above
e
Economics
You might also like to view...
Technological changes that decrease minimum efficient scale
a. reduce concentration b. increase concentration c. increase product diversification d. increase the value of existing assets e. decrease the exchange rate
Economics
The Medicare payroll tax is also called a _______________ tax, which is a flat percentage of all wages earned.
a. progressive b. regressive c. proportional d. marginal
Economics