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

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Which of the following measures includes the effects of taxes? a. Net national product

b. Gross national product. c. National income. d. Personal income.

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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