The goal of price discrimination is to
a. Convert consumer surplus to producer surplus
b. Maximize profits
c. Both a and b
d. Make pricing decision difficult
c
Economics
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In the short run, a decrease in aggregate demand will lead to
A) no change in the price level and a decrease in real GDP. B) an increase in the price level and a decrease in real GDP. C) a decrease in the price level and an increase in real GDP. D) an increase in the price level and an increase in real GDP. E) a decrease in the price level and an increase in the unemployment rate.
Economics
A soft budget constraint applies when enterprises that earn profits distribute those profits to their private owners
a. True b. False
Economics