Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please solve it within 1 hour and i will give you very good rating from me and my friends 1. Take a look at the
please solve it within 1 hour and i will give you very good rating from me and my friends
1. Take a look at the picture above. This is a Disneyland fast pass that allows you to get to your amusement ride faster than others. However, you have to pay 100% more price than the regular ticket. Can you identify what type of price discrimination this is and why it falls under this category? Is it a good strategy for this type of business? (15) 2. "A 60% average income tax for all the citizens is a good example of how the country is very efficient because everyone will be able to get free medical care and general education." Discuss the validity of this statement. Explain carefully. (15) 3. If you do not put your seatbelt on while driving. Canada's RCMP will fine you $1000 when they catch you. This is a great example of this economic concept: ? (Hint it ends in rism and we discussed this in the last week of class). Please provide the definition of this concept and explain if such government intervention is necessacy Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started