Which of the following is necessary for a firm to practice price discrimination (A) The government strictly enforces antitrust laws (B) The firm is a member of a cartel (C) The firm can prevent the resale of its goods (D) The demand curve for the product is perfectly inelastic (E) The demand curve ...

The detailed answer for the above question is provided below Answer C The firm can prevent the resale of its goods Price discrimination is the practic ...

Which of the following is necessary for a firm to practice price discrimination? (A) The government strictly

Fantastic news! We've Found the answer you've been seeking!

Question:

Which of the following is necessary for a firm to practice price discrimination?

(A) The government strictly enforces antitrust laws.

(B) The firm is a member of a cartel.

(D) The demand curve for the product is perfectly inelastic.

(E) The demand curve for the product is perfectly elastic.

Related Book For answer-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

See More Books

Posted Date: Feb 23, 2023 10:30 PM

See More Questions

Which of the following is necessary for a company to use fresh start accounting? a. The original owners must hold at least 50 percent of the company's stock when it emerges from bankruptcy. b. The...
Which of the following is necessary to be an audit committee financial expert according to the criteria specified in the Sarbanes-Oxley Act of 2002? An understanding of income tax law. An...
Is it possible to practice price discrimination across time? Briefly explain.
Determine the force P needed to support the 100 lb weight. Each pulley has a weight of 10 lb. Also determine the reactions at A and B. Figure 2 in
You are constructing a portfolio of two assets, Asset A and Asset B. The expected returns of the assets are 12 percent and 15 percent, respectively. The standard deviations of the assets are 29...
Birdy Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent...
A common procedure in metallurgy is solidification from a melt in a cylindrical mold. If the Jacob number is small we can use the pseudo-steady-state model, which should now include the conduction in...
1. A patent increases the incentive to develop new products because it ________ the price of the product and thus generates profit to cover a firms costs of _______. 2. In some cases, a patent is...
3 Define the following (10) terms: 1. Augmented Reality 2. Mixed Reality 3. Digital Disruption 4. Value Proposition 5. Digital Transformation 6. Cloud Computing 7. Virtual Reality (VI) 8. Artificial...
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For...
The marketer La Esperanza, S.A. de C.V. participates in an international UN tender to supply medical equipment to different hospitals for children living on the streets in North Africa. The...
Shaftesbury Construction Ltd owned a contract to build a swimming pool. The construction was scheduled for completion by 19 December 2022. One term of the contract stated that Shaftesbury...
If the variable cost per unit increases, and all other factors rema in constant, the contribution margin ratio will increase. true false
( Sc < an Page 1: ! 1 T Module 5 Assessment Time Limit: 1:30:00 Time Left:1:23:08 A 1 4 50 DIL FI 2 5 3 6. @ 2 DEL * F2 W S (00 DIL 3 0 # Question 6 (17 points) Listen Quizzes... $1-12 $2-10 E...
1. Write a python program to determine the minimum of below equation using gradient de- scent method. f(x, y) = -0.5+ (x+6)/7+ (y + 3.5)/3+0.4tan(x + y) 2. Calculate the minimum of the above function...
The Bramble Company began the period with no units in process or in Finished Goods inventory. During the period it began 9 0 0 0 0 units and completed 7 9 0 0 0 units. If equivalent units of...
The Garcia Photography Studios is trying to estimate their equity multiples based on the followinginformation: High-growth period = 5 years, net income of $750 on sales of $5,000, with book value of...
Could a set of three vectors in span all of? Explain. What about n vectors in when n is less than m? R4
Currently, the Social Security and Medicare programs are funded by payroll taxes rather than by the federal personal income tax. In 2015, the payroll tax for Social Security was 12.4 percent on wage,...
A journalist wrote the following about the effects of falling gasoline prices: "With lower prices, demand rises and people consume more." Briefly explain whether you agree with the journalist's...
Why do most economists believe that it is important for a country's central bank to be independent of the rest of the country's central government?
True or False: Engineers seldom have an opportunity to influence the recovery period for expenditures.
True or False: Straight-line depreciation is the most popular depreciation method used in financial reporting.
A lumber company purchases and installs a wood chipper for $\$ 200,000$. The chipper is classified as MACRS 7-year property. Its useful life is 10 years. The estimated salvage value at the end of...

Which of the following is necessary for a firm to practice price discrimination? (A) The government strictly

Question:

Expert Answer:

The detailed answer for the above question is provided below Answer C The firm can prevent the resale of its goods Price discrimination is the practic... View the full answer

Economics

Students also viewed these accounting questions