Which of the following is an example for group price discrimination?
A) a BMW selling for more than a VW
B) local residents receiving a discount at the local golf course
C) the fact that a razor is cheap and blades are expensive
D) a hotel charging more for a room if the customers bring pets
B
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One problem with traditional health insurance plans is _____
a. people have little choice over physicians b. it has eliminated employer-provided health care c. doctors have little incentive to economize d. patients spent too much time scrutinizing their bills
Which of the following is not included in GDP calculations?
a. the value of an accountant's services b. the value of 500 shares of Microsoft stock sold to an investor c. the value of high-definition television sets produced, but not sold, during the year d. the value of a haircut