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Please help with these questions. i will need a response in 35
Please help with these questions. i will need a response in 35 minutes
If resale is easy, then
A. price discrimination won't work, because then only lowpriced goods are sold. B. price discrimination results in lower consumer surplus. C. consumers' demand curves will shift to the lowpriced good. D. firms will stop providing the good. Consider a car dealership advertises a threeyear lease at $250 per month. When you arrive to apply, you discover that the lease requires a downpayment of $3600 dollars. You will undertake the lease if
A. you value the lease at least $350 per month. B. you value buying a new car at $400 per month. C. you value the lease less than $350 per month. D. you value the lease at least $250 per month, the $3600 is a sunk cost When firms price discriminate they
A. lose surplus from consumers who would have bought at the profitmaximizing uniform price. B. sell to new consumers that would not have bought at the profitmaximizing uniform price. C. sell to new consumers who would not have bought at the profitmaximizing uniform price but lose sales to existing consumers because of the higher prices. D. None of the above.
This question was answered on: Feb 21, 2020
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