The University of Kansas is using a two part tariff pricing structure since

The university of kansas is using a two part tariff

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126) The University of Kansas is using a two-part tariff pricing structure since they require seasonticket holders for Jayhawks football games to purchase ________ to obtain seats in its new GridironClub.A) sports mortgages in addition to the season ticketsB) season tickets for Jayhawks basketballC) tickets to preseason games as well as regular season gamesD) a minimum of two season tickets to each home gameAnswer: A126)Diff: 1Page Ref: 538-539/538-539Topic: Pricing StrategyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking127) Many new sports stadiums are paid for with public funds, or a combination of public and privatefunds. Requiring those who have season tickets for a professional sports team to pay for equityseat rights in a new stadium which has been paid in full or in part with public funds shifts more ofthe burden of paying for a new stadium to ________ rather than ________.127)Diff: 2Page Ref: 538-539/538-539Topic: Pricing StrategyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective ThinkingTRUE/FALSE. WriteʹTʹif the statement is true andʹFʹif the statement is false.128) The Walt Disney Company uses cost-plus pricing to determine the prices it charges for admissionand rides at Disneyland and Walt Disney World.128)Answer:TrueFalseDiff: 1Page Ref: 534-536/534-536Topic: Two-Part TariffLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking129) In an optimal two-part tariff pricing schedule, consumer surplus is zero.129)Answer:TrueFalseDiff: 2Page Ref: 534-536/534-536Topic: Two-Part TariffLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking39
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130) There is no evidence that odd pricing succeeds in convincing consumers that prices are lower thanthey really are.130)Answer:TrueFalseDiff: 1Page Ref: 531-532/531-532Topic: Odd PricingLearning Outcome: Micro 16: Discuss the functions of cooperation, competition, and public policies inoligopoliesAACSB: Reflective Thinking131) Economists believe that cost-plus pricing may be the best way for a firm to determine its optimalproduct price when the firmʹs marginal cost and average cost are about the same and when it isdifficult to estimate the productʹs demand curve.
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