Purchasing a season pass to the local symphony
A) is an example of first degree price discrimination.
B) is an example of second degree price discrimination.
C) is an example of third degree price discrimination.
D) All of the above.
B
Economics
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Surveys have found that ____________ are the strongest proponents of placing limits on imports.
a. unskilled workers b. farmers c. skilled workers d. college professors
Economics
When a firm prices its goods below the marginal cost to drive away competitors, it is referred as
A) price skimming. B) limit pricing. C) penetration pricing. D) predatory pricing.
Economics