The answer is imperfect price discrimination and this increase total producer surplus.
Imperfect price discrimination it is about the monopoly of pricing to get the customers. The seller applies a strategy to get the market from buying the products. Then set customers by the group, those who buy for wholesale gets a lower price than in retail.
A handicap that limits a persons movement, senses, or activity. It puts them at a disadvantage compared to others and is recognized by the law.<span />
Answer:
the short term, unemployment rates would drop drastically.
Answer:
The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.
Explanation:
Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.
