Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of
A) bundling.
B) a two-tier tariff.
C) multimarket price discrimination.
D) perfect price discrimination.
B
Economics
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The case where a firm sells each unit at the maximum amount each customer is willing to pay for it is called
A) first-degree price discrimination. B) second-degree price discrimination. C) third degree price discrimination. D) nonlinear price discrimination.
Economics
Many banks in the U.S. failed in the 1930s, not because they were poorly managed, but because they could not survive the panicky withdrawal of funds by their depositors
a. True b. False Indicate whether the statement is true or false
Economics