If a firm could practice perfect price discrimination

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If a firm could practice perfect price discrimination it would A use odd from ECONOMICS 100 at New York University

54 )   If a firm could practice perfect price discrimination , it would
A ) use odd pricing .
B ) charge every buyer a different price .
C ) allow resale of its product .
D ) charge a price based on the quantity of a product bought .
55 )   With perfect price discrimination there is
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56 )   Which of the following does not arise from price discrimination ?
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57 )   Joss is a marketing consultant . Iris and Daphne are potential customers interested in commissioning Joss to undertake a market survey and compile the findings in a report . Iris is willing to pay $ 500 for the service while Daphne is willing to pay $ 800 . Suppose that the opportunity cost of Joss ʹ s time is $ 1,200 . Assume that Iris and Daphne do not know each other . If 57 ) Joss charges the same price per copy to both Iris and Daphne ,
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58 )   Joss is a marketing consultant . Iris and Daphne are potential customers interested in commissioning Joss to undertake a market survey and compile the findings in a report . Iris is willing to pay $ 500 for the service while Daphne is willing to pay $ 800 . Suppose that the opportunity cost of Joss ʹ s time is $ 1,200 . Assume that Iris and Daphne do not know each other . If the price is $ 500 per copy ,
A ) only Iris will purchase Joss ʹ s services and Joss will undertake the job for her .
B ) both Iris and Daphne will want to purchase Joss ʹ s services but Joss will not be willing to undertake the job .
C ) only Daphne will purchase Joss ʹ s services and Joss will undertake the job for her .
D ) both Iris and Daphne will purchase Joss ʹ s services and Joss will undertake the job .
58 ) 
59 )   Joss is a marketing consultant . Iris and Daphne are potential customers interested in commissioning Joss to undertake a market survey and compile the findings in a report . Iris is willing to pay $ 500 for the service while Daphne is willing to pay $ 800 . Suppose that the opportunity cost of Joss ʹ s time is $ 1,200 . Assume that Iris and Daphne do not know each other . If the price is $ 800 per copy ,
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60 )   Joss is a marketing consultant . Iris and Daphne are potential customers interested in commissioning Joss to undertake a market survey and compile the findings in a report . Iris is willing to pay $ 500 for the service while Daphne is willing to pay $ 800 . Suppose that the opportunity cost of Joss ʹ s time is $ 1,200 . Assume that Iris and Daphne do not know each other . Which of the following statements is true ?
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Chapter 11 / Exercise Case 11-2
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54) If a firm could practice perfect price discrimination, it wouldA) use odd pricing.B) charge every buyer a different price.C) allow resale of its product.D) charge a price based on the quantity of a product bought.Answer: B
54)
Diff: 2Page Ref: 527-528/527-528Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking55) With perfect price discrimination there is
55)
Diff: 2Page Ref: 527-528/527-528Topic: Perfect Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking56) Which of the following doesnotarise from price discrimination?
56)
Diff: 2Page Ref: 527-528/527-528Topic: Price DiscriminationLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking57) Joss is a marketing consultant. Iris and Daphne are potential customers interested incommissioning Joss to undertake a market survey and compile the findings in a report. Iris iswilling to pay $500 for the service while Daphne is willing to pay $800. Suppose that theopportunity cost of Jossʹs time is $1,200. Assume that Iris and Daphne do not know each other. IfJoss charges the same price per copy to both Iris and Daphne,57)
Diff: 2Page Ref: 527-528/527-528Topic: Price DiscriminationLearning Outcome: Micro 20: Apply the concepts of opportunity cost, marginal analysis, and present value tomake decisionsAACSB: Analytic Skills16
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Survey of Accounting
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Chapter 11 / Exercise Case 11-2
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Warren
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