Perfect price discrimination is also known as a third

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ECON MICRO
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Chapter 9 / Exercise 10
ECON MICRO
McEachern
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38) Perfect price discrimination is also known asA) third-degree price discrimination.B) monopoly.C) first-degree price discrimination.D) yield management.Answer: C
38)
Diff: 1Page Ref: 527/527Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking11
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
ECON MICRO
The document you are viewing contains questions related to this textbook.
Chapter 9 / Exercise 10
ECON MICRO
McEachern
Expert Verified
39) The prices college students and faculty members pay for Apple computers are lower than theprices Apple charges on its Website and in retail stores. Apple charges lower prices to collegestudents and faculty members because
39)
Diff: 2Page Ref: 524-525/524-525Topic: Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking40) College students and faculty members have a more elastic demand than the general public forAppleʹs iMac desktop computers. From this we can conclude that
Diff: 2Page Ref: 524-525/524-525Topic: Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking41) Many colleges and universities practice yield management to maximize the revenue they receivefrom tuition and
41)
Diff: 1Page Ref: 527/527Topic: Yield ManagementLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking12

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