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2 microeconomics questions. Multi choice.?

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2 microeconomics questions. Multi choice.?

Postby gobrwy » Thu Jun 14, 2012 3:01 am

8.Which of the following is a barrier to entry?
B. economies of scale
D. control of scarce resources, economies of scale, and government-created barriers (i.e., patents and copyrights)(my answer)

19. In order to engage in price discrimination a firm must be:
C. able to identify consumers whose elasticities differ.
D. a price-setter and it must be able to identify consumers whose elasticities differ.(my answer)
gobrwy
 
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