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Yessi15 Yessi15
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5 years ago

Question 1.

Price discriminating firms often ________ prices to children and the elderly because they have a ________ willingness to pay than other consumers.



▸ discount; lower

▸ charge higher; greater

▸ discount; higher

▸ charge higher; lower

Question 2.

Congress established the ________ to investigate "…the organization, business conduct, practices, and management" of companies that engage in interstate commerce.



▸ Federal Trade Commission

▸ Antitrust Division of the Justice Department

▸ Interstate Commerce Commission

▸ National Transportation Board
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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tlastertlaster
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5 years ago
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Yessi15 Author
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5 years ago
Good timing, thanks!
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