The result for the seller of being able to practice price discrimination will be
A) higher profits.
B) lower demand elasticity.
C) lower quantity sold.
D) cost minimization.
A
Economics
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If real per capita Gross Domestic Product (GDP) grows at a constant annual rate of 4 percent and the annual population growth rate increases from 1 percent to 2 percent, the annual rate of growth of per capita real GDP will
A) increase. B) decrease. C) remain unchanged. D) increase or decrease depending.
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Who operates and controls a corporation in its day-to-day activities?
A) the board of directors B) stockholders C) employees D) management
Economics