Price discrimination by an oligopolist is an attempt to
a. lower costs of production
b. increase efficiency
c. increase market share
d. create a uniform price in a market where multiple prices exist
e. turn consumer surplus into economic profit
E
Economics
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What is the slope of the line in the figure above?
A) 0.75 B) -0.75 C) 1.33 D) -1.33 E) zero
Economics
Reserves decrease if the Federal Reserve
a. raises the discount rate or auctions more credit. b. raises the discount rate but not if it auctions more credit. c. lowers the discount rate or auctions more credit. d. lowers the discount rate but not if it auctions more credit.
Economics