With peak-load pricing, a firm
A) charges more for a good during periods of high demand.
B) charges more for a hotel room the higher up the mountain it is.
C) charges less for a good during periods of high demand, because of regulatory reasons.
D) is generally used during January and February.
A
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Zero bound refers to a situation when inflation rates are at or very near zero in an economy
a. True b. False Indicate whether the statement is true or false
Political parties
A. have a large influence on setting the political agenda of candidates. B. are only concerned with market efficiency. C. have primaries that influence the party platform. D. have a large influence on setting the political agenda of candidates and are only concerned with market efficiency. E. have a large influence on setting the political agenda of candidates and have primaries that influence the party platform.
The higher the U.S. dollar price per Mexican peso, the __________ Mexican goods are for Americans and the __________ Mexican goods Americans will buy; thus __________ pesos will be demanded
A) more expensive; fewer, more B) less expensive; more, fewer C) more expensive; fewer, fewer D) less expensive; fewer, more E) none of the above
Which of the following is the closest example of a perfectly competitive market?
A. gasoline stations B. beer C. soybeans D. fast foods