Complete Question:
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market:
Group of answer choices.
A. which has a higher demand.
B. which has a more elastic demand.
C. which has a less elastic demand.
D. which has a higher marginal revenue.
Answer:
C. which has a less elastic demand.
Explanation:
In competitive marketing, a price-discriminating monopolist is any individual or business entity which charges various customers different prices for its finished products or services, even though the products are similar, identical or homogeneous in nature and there cost of production is the same.
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market which has a less elastic demand because there are no close substitutes or alternatives for the goods and services.
<em>For instance, if there's a gasoline or fuel hike in a particular state, a price-discriminating monopolist would charge higher price because gasoline or fuel is inelastic in the short-run or has a less elastic demand at the time. </em>
Answer:
e. Analogical reasoning
Explanation:
Analogical reasoning draws conclusions by comparing two similar situations by assuming that if both settings are similar, then both results should also be similar. In this passage, the speaker assumes that Alton Elementary School is similar to other schools and, therefore, its success in getting kids to eat vegetables could be replicated.
Gross income, or gross salary, is the total payment of an individual from almost all sources. It is the starting point to determine the taxes that the individual will pay. Property and child support arrangements are not included in gross income, but alimony payments (CASH) are included. Other types of payments that do not qualify as alimony:<span>property divisions (if a transfer of property does not meet the definition of alimony, the recipient of the transfer excludes the value of the transfer of income, and the person transferring the property can not deduct the value of the property transferred).
- Childhood (not included in gross income, and can not be deducted by the person who pays them).
Based on the foregoing, in the case of Camilla she should only include the amount of $ 50,000 </span>
