Firms that can effectively price discriminate can increase profitability when they engage in:
A. predatory pricing.
B. Any of the statements associated with this question are correct.
C. limit pricing.
D. strategies that raises rivals' costs.
Answer: B
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In the figure above, which of the following represents a money flow?
A) Goods purchased B) Interest C) Capital D) Services sold E) Goods supplied
Identify a statement that is true about a linear demand curve.
A. Along a linear demand curve, both the slope and price elasticity are constant. B. Along a linear demand curve, the price elasticity is constant, but the slope varies. C. Along a linear demand curve, total revenues are constant. D. Along a linear demand curve, the slope is constant, but the price elasticity varies. Along a linear demand curve, total revenues are negative.
A local public good
A. only benefits members of a particular community. B. gives higher benefits than regular public goods. C. requires unanimous voting. D. has become an integral part of the federal government.
Figure36-9
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Figure 36-9 shows aggregate expenditures when net exports are fixed and aggregate expenditures are variable. The autonomous spending multiplier is
A. smaller when net exports are fixed. B. smaller when net exports are variable. C. larger when net exports are variable. D. the same whether net exports are fixed or variable.