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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According to the table above, paper product production exhibits
A) decreasing returns to scale. B) constant returns to scale. C) increasing returns to scale. D) varying returns to scale.
Aggregate income is the sum of:
A. employee compensation, rent, and profits. B. employee compensation, rent, profits, interest, and transfer payments. C. employee compensation and profits. D. employee compensation, rent, profits, and interest.
Exhibit 6A-3 Consumer equilibrium
?
Given the budget line and indifference curves shown in Exhibit 6A-3, at point Z:
A. Px exceeds Py. B. MUx = MUy. C. MRS = Px / Py. D. MRS = Py / Px.
If the Federal Reserve raises or lowers interest rates too late, it could result in a ________ policy that destabilizes the economy
A) fiscal B) budgetary C) procyclical D) countercyclical