A. 134.0 million
B. None of theses answers
C. 92.3 million
D. 98.0 million
A. the tools used by workers to enhance productivity
B. a person inherited ability
C. the stock of expertise accumulated by a worker
D. education
A. Perfect price discrimination generates a deadweight loss
B. Price discrimination can raise economic welfare.
C. price discrimination requires that seller be able to separate buyers according to their willingness to pay.
D. Price discrimination increases a monopolist’s profits.
E. For a monopolist to engage in price discrimination buyers must be unable to engage in arbitrage.
A. 8%
B. 12%
C. 16%
D. 18%
A. demand is price inelastic
B. supply is price elastic
C. supply is price inelastic
D. demand is price elastic
I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector
A. III only
B. IV only
C. I, II and IV only
D. None of these
A. Target market decisions
B. Produced assortment and services decisions
C. Pricing decisions
D. Promotion decisions