The local cable TV company charges a "hook-up" fee of $30 per month. Customers can then watch programs on a "pay-per-view" basis (a fee is charged for every program watched). This is an example of
A) peak-load pricing.
B) second-degree price discrimination.
C) a two-part tariff.
D) intertemporal price discrimination.
E) none of the above
C
You might also like to view...
Deflation is a situation in which the:
A. prices of most goods and services are rising over time. B. quantity of goods and services produced is increasing over time. C. prices of most goods and services are falling over time. D. quantity of goods and services produced is decreasing over time.
The aggregate supply curve is upward sloping in
a. the short and long run. b. neither the short nor long run. c. the long run, but not the short run. d. the short run, but not the long run.
Which of the following actions has no effect on the total money supply?
A. There is a transfer of deposits from one bank to another bank. B. There is change in the money multiplier. C. The Federal Open Market Committee buys government securities. D. The Federal Open Market Committee sells government securities.
Which of the following statements about competition in a market is true?
A) Competition forces firms to produce and sell products as long as the marginal benefit to consumers exceeds the marginal cost of production. B) Competition forces firms to undercut their selling price, thus benefiting consumers who will be able to purchase products at the lowest price possible. C) Competition forces firms to add only low profit margins to their costs of production. D) Competition forces firms to outsource the production of their labor-intensive products.