An efficient customer sorting rule is one in which
a. customers with high willingness to pay secure the discounted goods
b. customers are rationed randomly between the discounted and full price goods
c. no customer purchase below her willingness to pay
d. customers with the lowest willingness to pay secure the discount goods
e. brand loyalty allows the incumbent to retain its regular customers
a
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Regression analysis is designed to show any systematic pay differences between men and women
A) that are based only on gender difference. B) that are based on differences in education levels and majors. C) that are based on differences in career choices. D) that are based on differences in job experience.
An increase in the demand for the Brazilian real induces
A) an increase in the demand for Brazilian goods. B) a decrease in the supply of dollars. C) an increase in the real price of a dollar. D) an increase in the dollar price of a real.