Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
BenAff BenAff
wrote...
Go to Answer
Posts: 439
Rep: 3 0
5 years ago
College students and faculty members have a more elastic demand than the general public for Apple's MacBook Pro laptop computers. From this we can conclude that

• Apple will charge college students and faculty members higher prices than it charges the general public.

• Apple will charge college students and faculty members lower prices than it charges the general public.

• the general public will earn arbitrage profits by buying MacBook Pro Laptop computers from Apple and reselling them to college students and faculty members.

• Apple will earn economic profits from the computers it sells to the general public but will break even on the computers it sells to college students and faculty members.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 102 times
1 Reply
Replies
Answer verified by a subject expert
amw87470amw87470
wrote...
#1
Posts: 379
Rep: 48 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

BenAff Author
wrote...

5 years ago
Correct Slight Smile TY
Marcie D
wrote...

Yesterday
Just got PERFECT on my quiz
ouasfoudgewu
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1401 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 128
  
 278
  
 357