If the groups are equal size and the firm can only set one price, how should the firm price the high-end wok?
a. Price low and sell to both the users
b. Price high and sell only to the professional chefs
c. Price low and sell only to the home users
d. All of the above
a
Economics
You might also like to view...
Why might it be in the direct economic interest of the United States to finance rain forest conservation programs in the Amazon?
What will be an ideal response?
Economics
According to classical macroeconomic theory, changes in the money supply change nominal but not real variables
a. True b. False Indicate whether the statement is true or false
Economics