"Price discriminators lose money by being nice to their customers." Is the previous statement correct or incorrect?

What will be an ideal response?

The statement is incorrect—price discrimination allows the firm to increase its economic profit.

Economics

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The Keynesian labor supply function is shown as

a. Ns = g(W/P). b. Ns = g(P/W). c. Ns = t(W/Pe). d. Ns = t(Pe/W).

Economics

The percentage of the national debt held by foreigners is approximately 25 percent

a. True b. False Indicate whether the statement is true or false

Economics