Question

Which of the following market types have incentives to collude and to form cartels? O monopolists O monopolistically competitive firms O oligopolists Operfectly competitive firms Question 9 1 pts Which of the following is an example of price discrimination? At airline charges more for baggage over 50lbs than bags under 50lbs. An airport bookstores charge more for hardback copies than paperback copies of the same book. An airline charges less for a coach ticket bought 1 month in advance than a coach ticket bought 1 week in advance An airline charges less for coach tickets and more for first class tickets

Answer 1

a) "C"

Oligopolist have an incentive to collude and form a increase the profit for its industry. the answer is "C".

b) "C"

Charging more for the same services at different time is an example of price discrimination.