A national taco chain offers in-house customers free refills on drinks. It is clearly
A) attempting to increase its total profit.
B) generating a negative externality.
C) generating a positive externality.
D) engaging in predatory pricing.
E) doing none of the above.
A
Economics
You might also like to view...
In order for a natural monopoly to develop, it
a. is important that the firm be very large. b. is important that the firm prices its product below cost. c. is not the absolute size of the firm but its size relative to the total market demand that is important. d. must be in the presence of government intervention.
Economics
Describe how a study group of economics students could experience economies of scale as they study for an economics exam
Economics