Firms that can effectively price discriminate
A) can be either perfectly competitive firms or monopolies.
B) can prevent the resale of their products.
C) have only one class of buyers, buyers willing to pay a high price.
D) Both answers A and B are correct.
E) Both answers A and C are correct.
B
Economics
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The saving schedule is drawn on the assumption that as income increases:
A. saving will decline absolutely and as a percentage of income. B. saving will increase absolutely but remain constant as a percentage of income. C. saving will increase absolutely but decline as a percentage of income. D. saving will increase absolutely and as a percentage of income.
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Average cost can be thought of as the cost per unit.
Answer the following statement true (T) or false (F)
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