The reason that Blu-ray movies cost more money immediately after they are released than they do six months later is due to price discrimination.

Answer the following statement true (T) or false (F)


True

Economics

You might also like to view...

Courts generally use the ________ when determining the value of human life in wrongful death suits

A) compensating differential approach B) actuarial approach C) lost-income approach D) sentimental approach

Economics

An important feature of money market mutual fund shares is

A) deposit insurance. B) the ability to write checks against shareholdings. C) the ability to borrow against shareholdings. D) claims on shares of corporate stock.

Economics

The manufacturer has put in place a price discrimination policy, where it charges its household customers more per unit than it charges its industrial users. The manufacturer wants to keep the retailer from arbitraging away the profits from the policy. The manufacturer should

a. Vertically integrate into the retail operations in the household market b. Vertically integrate into the retail operations in the industrial market c. Reward the household market retailers for not arbitraging d. All of the above

Economics

In the ultimatum game, when the allocator and the recipient care about fairness, how is the distribution of $20.00 affected?

a. Allocators receive everything, and recipients receive nothing. b. Recipients usually reject offers of less than a 10 percent share. c. Allocators usually offer recipients a very small share. d. Allocators and recipients always end up sharing the $20.00 equally.

Economics