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vesna_86 [32]
3 years ago
5

A market is more efficient, and society is better off, whenever a price-making firm is able to price-discriminate, even when con

sumer surplus is converted to producer surplus. Click or tap "True" or "False" to answer the question.
A) True
B) False
Social Studies
1 answer:
laiz [17]3 years ago
8 0

Answer:

This statement is true.

Explanation:

Price discrimination is the action of selling the same product, at a variety of prices, depending on the customer.

The most common type of this is third-grade price discrimination. In this case, the company doesn't know its customers but can classify them in several categories such as age, sex, social position, acquisitive power, monthly income and more.

By doing this, a company can adapt its price range to different kinds of customers. For example, a movie theater sells tickets at a regular price of $10 but may sell them at 50% off to highschool students, because most students have limited incomes that often depend on their parents. The movie theater will then get more sales, and the price range will be more accessible to more people.

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Allen deposits $2,000 in his local bank earning 2 percent interest annually on his deposit. Jessica borrows $1,000 from the same
hoa [83]

In Jessica's case, but not Allen's, the money supply decreases.

Jessica completed the task of withdrawing funds from the bank, through borrowing. Allen made a monetary deposit adding to the bank's availability of funds. These funds are often borrowed by other patrons in who borrow money from the bank-as Jessica did.

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3 years ago
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Complete the chart to explain Enlightenment-era thinking inuences on the US government.
9966 [12]

The explanation of how Enlightenment-era thinking influenced the US government is they gave the founding fathers the ideas of checks and balances, individual freedom, and government by the people

<h3>What is Government?</h3>

This refers to the group of people that have the power and authority to govern a state.

Hence, we can see that enlightenment thinking greatly influenced the American founding fathers in the creation of the Constitution and the Bill of Rights.

Thus, the explanation of how Enlightenment-era thinking influenced the US government is they gave the founding fathers the ideas of checks and balances, individual freedom, and government by the people

Read more about Enlightenment-era thinking here:

brainly.com/question/12963785

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8 0
2 years ago
2. How are riots and mobs similar? How are they different? Are riots and mobs casual, conventional, expressive, or active crowds
VMariaS [17]
They’re similar cause they both include amounts of people to cause damages one person can’t do a mob or riot they have to have multiple. They’re different cause riots are mainly for something people don’t agree on and they try to justify it with other people mobs can just mean a group of people they don’t necessary do bad stuff. They’re active crowds
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3 years ago
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Why were the Middle Colonies appealing to English settlers?
labwork [276]
The middle colonies were appealing towards the English settlers because of the trade opportunities and the religious diversity that exceeded the rest of the colonies.
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3 years ago
If you were a transformational leader, your first priority would be __________.
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<span>If you were a transformational leader, your first priority would be team members .
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3 years ago
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