a. When will a firm find it easier to price-discriminate: before the existence of eBay or afterward?
Question:
a. When will a firm find it easier to price-discriminate: before the existence of eBay or afterward?
b. Which of the two “principles of price discrimination” does this invoke?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
a A firm will find it easier to pricediscriminate b...View the full answer
Answered By
Kenneth Mutia
I have a B.S. in Statistics from the Jomo Kenyatta University of Agriculture and technology. I have been an academic tutor for over 3 years. I have a passion for helping students reach their full potential and am dedicated to helping them succeed. I am patient and adaptable, and I have experience working with students of all ages and abilities, from elementary school to college in their various fields. I have a wide scope of diverse tutoring experience in several courses of study with significant success as a tutor.
0.00
0 Reviews
10+ Question Solved
Related Book For
Modern Principles Of Microeconomics
ISBN: 9781429278416
3rd Edition
Authors: Tyler Cowen, , Alex Tabarrok
Question Posted:
Students also viewed these Business questions
-
Does a monopolys ability to price discriminate between two groups of consumers depend on its marginal cost curve? Why or why not?
-
It is easier to organize data and retrieve it when there is little or no dependence between programs and data. Why is there more dependence in a file approach and less in the database approach?
-
A business firm is considering two investments. It will choose the one that promises the greater payoff. Which of the investments should it accept? (Let the mean profit measure the payoff.) Invest in...
-
Write a program that plots average path length versus the number of random edges as random shortcuts are added to a 2-ring graph on 1,000 vertices.
-
The equation for determining the sample size n = (zc / E)2 can be obtained by solving the equation for the margin of error E = zc / n for n. Show that this is true and justify each step.
-
A skeleton of Hollister Mills' income statement appears as follows (amounts in thousands): HOLLISTER MILLS Income Statement Year Ended December 31 Net...
-
On December 31, 2020, Colgait Inc. had an installment sale receivable balance of \(\$ 90,000\) recognized on its financial statements, while the amount was not recognized for tax purposes. Colgait...
-
At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales . . . . . . . . . . . . $ 900,000 Credit sales . . . . . . . . . . . 300,000 Its year- end...
-
Visit the Internet pages of a recognized firm listed on the stock exchange (public corporation). Review annual reports for evidence of business combination activities in the last five years. Answer...
-
The planet Aragonose (which is made mostly of the mineral aragonite, whose composition is CaCO3) has an atmosphere containing methane and carbon dioxide, each at a pressure of 0.10 bar. The oceans...
-
As we saw in this chapter, drug companies often charge much more for the same drug in the United States than in other countries. Congress often considers passing laws to make it easier to import...
-
Two customers, Fred and Lamont, walk into Gradys Used Pickups. Who probably has a more inelastic demand for one of Gradys pickups: people like Lamont, who are good at shopping around, or people like...
-
What is an unearned revenue?
-
2.) Suppose that a nursery (grows plants) is located next to a paper mill that emits air pollutants. This air pollution is harming the growth of the plants in the nursery. More specifically, the air...
-
Determine the lengths of all the four links of a four-bar mechanism to generate y = log x in the interval 1x11 for three precision points. The length of the smallest links is 10 cm the range of input...
-
In an epicyclic gear train (Fig. 15.40), an arm carries two wheels A and B having 24 and 30 teeth respectively. The arm rotates at 100 rpm in the clockwise direction. Find the speed of the gear B on...
-
The Three Key Themes in Strategic Cost Management are: i. Value Chain Analysis, ii. Strategic Positioning Analysis, and iii. Cost Driver Analysis REQUIRED: Discuss how these are applied in the...
-
The function g(x) is differentiable. The function h(x) is defined as: h(x) = xg(x) If g(8) = 9 and g'(8) = 2, what is h(8)? Simplify any fractions. h'(8) =
-
Salcedo Co. leased equipment to Erickson Inc. on April 1, 2013. The lease, appropriately recorded as a sale by Salcedo, is for an 8-year period ending March 31, 2019. The first of eight equal annual...
-
Rewrite the code of Figure 7.3 in Ada, Java, or C#. Figure 7.3: template class queue { item items [max_items]; int next_free, next_full, num_items; public: queue () : next_free (0), next_full(0),...
-
Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities...
-
As the director of the multistate tax planning department of a consulting firm, you are developing a brochure to highlight the services it can provide. Part of the brochure is a list of five or so...
-
Castle Corporation conducts business in States 1, 2, and 3. Castle's $630,000 taxable income consists of $555,000 apportionable income and $75,000 allocable income generated from transactions...
-
Local Manufacturing looks back at the previous year and finds that they processed a total of 1,000 applicants to hire 50, which is 5 percent. This statistic reflects a(an): Group of answer choices HR...
-
Organizational performance practices that result in employees having the skills necessary to do their jobs, increased employee m dynamics within the organization are referred to as O resource-based...
-
Making optimal decisions "at the margin" requires OA. making decisions according to one's whims and fancies. OB. weighing the costs and benefits of a decision before deciding if it should be pursued....
Study smarter with the SolutionInn App