6. **An example of a two-part tariff is:**- ○ senior citizens getting a discount to join gyms- ○ a resort like Disneyland selling bulk tickets at a discounted price- ○ a store (like Costco) charging a membership fee on top of a price- ○ a firm that pays both export taxes and import taxes**Explanation:**A two-part tariff is a pricing strategy that involves two components: a fixed fee and a variable usage fee. The third option, "a store (like Costco) charging a membership fee on top of a price," is an example of a two-part tariff. This involves paying a membership fee (the fixed part) and then paying for individual items (the variable part).

A two-part tariff is a price discrimination technique that consists in charging consumers with a…

An example of a two-part tariff is senior citizens getting a discount to join gyms a resort like Disneyland selling bulk tickets at a discounted price a store (like Costco) charging a membership fee on top of a price a firm that pays both export taxes and import taxes

An example of a two-part tariff is senior citizens getting a discount to join gyms a resort like Disneyland selling bulk tickets at a discounted price a store (like Costco) charging a membership fee on top of a price a firm that pays both export taxes and import taxes

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

**An example of a two-part tariff is:**

- ○ senior citizens getting a discount to join gyms
- ○ a resort like Disneyland selling bulk tickets at a discounted price
- ○ a store (like Costco) charging a membership fee on top of a price
- ○ a firm that pays both export taxes and import taxes

**Explanation:**
A two-part tariff is a pricing strategy that involves two components: a fixed fee and a variable usage fee. The third option, "a store (like Costco) charging a membership fee on top of a price," is an example of a two-part tariff. This involves paying a membership fee (the fixed part) and then paying for individual items (the variable part).

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