Which of the following are necessary conditions for third-degree price discrimination to enhance profits.
a. There are two different groups with different (and identifiable) elasticities of demand.
b. At least one group has elasticity of demand less than one in absolute value.
c. At least one group has elasticity of demand greater than 1 in absolute value.
d. We are able to prevent resale between the groups.
Answers: 3
Business, 22.06.2019 16:40, yovann
Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?
Answers: 3
Business, 22.06.2019 23:50, clickbaitdxl
Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?
Answers: 3
Business, 23.06.2019 04:50, sariyamcgregor66321
Can someone me with general journal entry on this? ?
Answers: 3
Which of the following are necessary conditions for third-degree price discrimination to enhance pro...
Mathematics, 03.11.2020 01:10
Mathematics, 03.11.2020 01:10
Mathematics, 03.11.2020 01:10
Mathematics, 03.11.2020 01:10
Geography, 03.11.2020 01:10