The main reason a monopoly engages in price discrimination is that:

A. by charging a lower price to some people, it may succeed in discouraging efforts to regulate it.
B. it wants to discourage potential competitors.
C. doing so increases its profits.
D. it wants to discriminate against a particular ethnic group.

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.