Answer: D. price differentiation.
Charging different prices for similar products that have different marginal costs is called
A. predatory pricing.
B. price dumping.
C. price discrimination.
D. price differentiation.
Economics
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Statistical evidence suggests that
A) free trade policies promote economic growth more effectively than do import substitution policies. B) import substituting policies tend to promote effective exploitation of scale economies. C) import substitution tends to lead to relatively low effective rates of protection. D) import substitution is to this day the preferred growth strategy promoted by the World Bank. E) import substitution proved to be the most effective aid for developing countries before 1970.
Economics
Stock market crashes lead us to believe that
A) factors other than market fundamentals have an effect on asset prices. B) unexploited profit opportunities never exist. C) crashes are always predictable when market participants behave rationally. D) bubbles are a natural outcome of an efficient market.
Economics
If a perfectly competitive firm adopts a new technology, greater economic profit is possible in the ________, but a competitive return will be earned in the ________ as the market supply will ________.
A) long run; short run; decrease B) short run; long run; increase C) short run; long run; decrease D) long run; short run; increase
Economics
Total loss
A. is the rectangle bounded by LNZX.
B. is the rectangle bounded by LMYX.
C. is the rectangle bounded by MNZY.
D. cannot be found on this graph.
Economics