Why are electronic textbooks likely to facilitate price discrimination?
Electronic textbooks will facilitate price discrimination because electronic books
A.
are purchased for continued use.
B.
are identical across countries.
C.
cannot be resold to others.
D.
differ from printed texts.
E.
are cheaper than printed texts.
Ans) the correct option is C. cannot be resold to others
When a firm practices perfect price discrimination, it takes all consumer surplus from consumers.
Why are electronic textbooks likely to facilitate price discrimination? Electronic textbooks will facilitate price discrimination because...
Why are electronic textbooks likely to facilitate price discrimination by making it easier for text- book publishers to charge different prices in various countries?
For which good would price discrimination be least likely to be possible? a. Services individually provided, such as haircuts. b.Breakfast cereals, where some consumers use coupons and others do not. c.Bushels of wheat, all identical, produced by hundreds of independent farmers.
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Suppose two countries, Grainland and Carsland, use only capital and labor to produce two goods, Grain (G) and Cars (C). Grainland has 2,050 units of capital and 916 units of labor, and Carland has 816 units of capital and 270 units of labor. In Carsland, there are 366 units of capital and 135 units of labor employed in the Grain industry. In Grainland, there are 926 units of capital and 618 units of labor employed in the Grain industry.A. Which...
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