Reverse auctions
A) require customers to fly at unpopular times.
B) allow firms to identify customers that have very elastic demand curves.
C) Both A and B.
D) are used to keep high paying customers from spending too little money.
B
You might also like to view...
The nation's production possibilities frontier is bowed outward. Suppose that the government decides to increase the production of armaments by $20 billion, and that as a result the output of consumer goods falls by $20 billion
If a further $20 billion increase beyond the initial $20 billion increase in armaments output is sought, we can expect that the output of consumer goods and services will fall further by A) less than $20 billion. B) $20 billion. C) more than $20 billion. D) There is not enough information to determine the answer.
An annually budgeted budget can only be met if automatic stabilizers are effective
a. True b. False Indicate whether the statement is true or false
According to the Index of Economic Freedom, which of the following is the freest economy in the world?
a. Cuba b. Zimbabwe c. Hong Kong d. North Korea e. Libya
An expansionary fiscal policy will lead to
a. higher interest rates, an appreciated dollar, and reduced net exports. b. higher interest rates, an appreciated dollar, and increased net exports. c. reduced interest rates, an appreciated dollar, and reduced net exports. d. reduced interest rates, an appreciated dollar, and increased net exports.