Southeastern Louisiana University
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1. Companies with market power usually prefer to implement price discrimination because 
Select one: 
a. charging different prices to people based on their individual demand yields more profit. 
b. their market power makes them complacent and lazy; it is actually less profitable to utilize price 
discrimination among consumers with different demands than it is to charge a single price to all. 
c. it is simpler and more efficient to charge a uniform price than to figure out dozens or thousands 
o...
ECON 705 Mod 6 Video 1 Quiz (NEEWEST UPDATE) Questions and Answers 100% CORRECT
ECON 705 Module 6.2 video 2 quiz (NEWEST) Questions and Answer solution | Southeastern Louisiana University
ECON 705ECON 705 Module 5 video 1 quiz (GRADED A) Questions and Answer solution | Southeastern Louisiana University
ECON 705 Module 7 video 2 quiz (GRADED A) Questions and Answer solution | Southeastern Louisiana University
1. Companies with market power usually prefer to implement price discrimination because 
Select one: 
a. charging different prices to people based on their individual demand yields more profit. 
b. their market power makes them complacent and lazy; it is actually less profitable to utilize price 
discrimination among consumers with different demands than it is to charge a single price to all. 
c. it is simpler and more efficient to charge a uniform price than to figure out dozens or thousands 
o...
5. With three employees, APAP = and MPMP = . Select one: a. 45; 27.5 b. 30; 40 c. 60; 35 d. 50; 30 6. With four employees, TPTP = and APAP = . Select one: a. 155; 38.75 b. 165; 41.25 c. 160; 40 d. 180; 45 7. In economics, a cost which must be paid regardless of the level of output production is called Select one: a. a fixed cost. b. zero marginal cost. c. diminishing returns. d. elastic overhead. 8. When a technology improvement increases the output per employee, then the cost per unit of output...
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