Firms that can price discriminate between customers do so to ________
A) increase consumer surplus
B) increase employment
C) increase their profit
D) decrease the quantity they produce
C
Economics
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A patent gives exclusive rights to the creator for how many years?
a. 70 b. 95 c. 21 d. 25
Economics
Which of the following measures includes the effects of taxes? a. Net national product
b. Gross national product. c. National income. d. Personal income.
Economics
OPEC is a classic example of a kinked-demand curve oligopoly.
Answer the following statement true (T) or false (F)
Economics
Which of the following is the correct way to calculate the unemployment rate?
A. [(unemployed)/(population)] × 100 B. [(unemployed)/(labor force)] × 100 C. [(labor force)/(population)] × 100 D. [(labor force)/(unemployed)] × 100
Economics