If a firm charges different consumers different prices for the same product and the difference cannot be attributed to cost variations, then it is engaging in
A) markup pricing. B) cost-plus pricing.
C) odd pricing. D) price discrimination.
D
Economics
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When the economy is in short-run equilibrium, there will be ________ output gap.
A. only a recessionary B. no C. either a recessionary or an expansionary D. only an expansionary
Economics
If it costs Con Ed approximately $20 per additional ton of air pollution abated, but it costs PG&E only $10 per additional ton of air pollution abated and a marketable pollution permit trades for $14 per ton,
A. PG&E could gain by selling and Con Ed could gain by buying. B. both PG&E and Con Ed could gain by buying. C. both PG&E and Con Ed could gain by selling. D. PG&E could gain by buying and Con Ed could gain by selling.
Economics