To practice third-degree price discrimination, a pure monopoly must ________.
A. permit the resale of the product by the original buyers
B. be able to separate buyers into different groups with different price elasticities
C. charge one price to all buyers
D. be a natural monopoly
Answer: B
Economics
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Assuming all else equal, if there is an increase in the real interest rate:
A) there will be an upward movement along the credit demand curve. B) there will be a downward movement along the credit demand curve. C) the credit demand curve shifts to the right. D) the credit demand curve shifts to the left.
Economics
If UIP holds, the foreign interest rate is 10%, and the home currency is expected to depreciate by 4%, then the home interest rate is:
a. 4% b. 6% c. 10% d. 14%
Economics