If Happy Chickens sells its eggs only in 12 carton packages, this is an example of ________.
A) linear pricing
B) two-part pricing
C) commodity bundling
D) an all-or-nothing offer
D) an all-or-nothing offer
You might also like to view...
A drop in deposit rates, all else constant, __________ a bank's __________ risk
A) lowers; credit B) lowers; interest rate C) raises; credit D) raises; interest rate
The goal of a cartel is to
A) increase competition among members. B) maximize industry profits. C) increase industry production. D) all of the above.
Which of the following is true for a monopolist but not for a perfectly competitive firm?
a. Marginal revenue is less than price b. Economic profits could be earned in the long run. c. Profit maximization occurs at the output level where marginal revenue equals marginal cost. d. (a) and (b) are true for a monopolist but not for a perfectly competitive firm.
Portugal has a comparative advantage in which product?
