A firm engaging in group price discrimination
A) divides customers into groups and then charges each customer within each group a different price, similar to perfect price discrimination.
B) divides customers into groups and then charges each group a different price.
C) bundles products into groups and sells the groups at different prices.
D) finds the average reservation price for a group of customers and sell its goods at that price.
B
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If the CPI basket costs $35 in the base period but costs $42, what is the CPI in the next period?
A) 83.3 B) $42 C) 20 percent D) 120
Stocks and bonds issued in banking-oriented systems are rather __________ because they are traded __________
A) liquid; frequently B) liquid; infrequently if at all C) illiquid; frequently D) illiquid; infrequently if at all
Disposable income:
What will be an ideal response?
The demand for money in an economy is high when the _____
Fill in the blank(s) with the appropriate word(s).