An argument in favor of price discrimination is that this pricing strategy permits some consumers who otherwise would be excluded from a market to buy a good or service
a. True
b. False
Indicate whether the statement is true or false
True
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The Federal Reserve Bank attempted to deal with the sluggish aggregate demand that followed the housing market crash and subsequent financial crisis through:
A. contractionary monetary policy. B. expansionary fiscal policy. C. expansionary monetary policy. D. contractionary fiscal policy.
If Cathy has a bond that will pay $1,000 one year from now and its current price is $800, what is the current interest rate?
a. 10 percent b. 25 percent c. 20 percent d. 200 percent e. 2 percent
Based on Table 6.2, what was the labor force participation rate in 2000?Table 6.2 199819992000Working Age Population85 million95 million110 millionLabor Force60 million65 million72 millionUnemployed5 million8 million13 million
A. 77.27 percent. B. 11.81 percent. C. 65.45 percent. D. 18.05 percent.
Your company makes copper pipes. Over the years, you have collected a large inventory of raw copper. The production process involves melting the copper and shaping it into pipes. You also have a large stockpile of pennies. Suppose the price of copper rises so much that the copper in the penny becomes worth more than one cent. Should you melt down your pennies?
What will be an ideal response?