Firms can practice indirect price discrimination by
a. Offering volume discounts
b. Using two-part pricing
c. Offering a bundle containing a number of units
d. All of the above
d
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A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private fixed capital in the year was $25 billion. Assuming stable prices, gross investment was ________.
A. $90 billion B. $50 billion C. $75 billion D. $25 billion
Which of the following provides an important source for data on colonial wealth?
a. census records b. newspapers c. records of charitable contributions d. probate records
Describe the advantages that a negative income tax has over other programs that have the same purpose
Which of the following statements is always true when inflation occurs?
a. The domestic money loses purchasing power. b. Borrowers benefit and lenders suffer. c. The international competitive position of the country is negatively affected. d. All of the above are always true. e. Lenders benefit and borrowers suffer.