With no price discrimination,
a. A firm sells every unit at different prices
b. A firm sells every unit at same prices
c. Low-value groups pay a lower price than the high-value groups
d. Low-value groups pay a higher price than the high-value groups
b
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Describe the effect education and training have on outcomes in the labor market
What will be an ideal response?
Refer to the information above. An economy's real GDP per person doubles every 18 years when it maintains a growth rate of ________ per year
A) 5.6 percent B) 4.0 percent C) 0.25 percent D) 0.9 percent
What are the leading economic indicators supposed to predict?
(A) Business cycles (B) Nonmarket activities (C) Consumer expectations (D) Stagflation
Large firms are able to lower their costs by taking advantage of ___________.
Fill in the blank(s) with the appropriate word(s).