price discrimination questions a) is block pricing and b) is two-part pricing. P

Question

price discrimination questions

a) is block pricing and b) is two-part pricing.

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Explanation / Answer

he correct option is the third one. Common property resources are prone to over explitation. This exploitation is referred to as the tragedy of the commons. To deal with this problem, that is, to make sure that these resources are efficiently used, property rights are defined on these resources.

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