A good example of perfect price discrimination is
A) selling concert tickets to individuals on the street corner.
B) buying concert tickets at the ticket window.
C) selling concert tickets at the ticket window.
D) buying a concert ticket on the street corner.
A
Economics
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The assumption that nothing changes except the variables being studied is
A) the ceteris paribus assumption. B) the rationality assumption. C) positive economic analysis. D) normative economic analysis.
Economics
In a Mexican factory, each worker can produce 1/8 of a vase or 1/16 of a statue per hour. If there are 400 workers at the factory, the opportunity cost of one statue is
a. 1/2 of a vase b. 1/8 of a vase c. 8 vases d. 16 vases e. 2 vases
Economics