If You Find That You Cannot Make Your Payments,the First

question 5

Multiple Choice

If you find that you cannot make your payments,the first thing you should do is:

• A)skip town.
• B)declare personal bankruptcy.
• C)borrow from a loan shark to make the payment.
• D)let the borrower go to a collection agency.
• E)contact your creditors and try to work out a modified payment plan with them.

Comprehend the implications of price discrimination in service industries and why it is more prevalent there.

Understand regulatory approaches to monopolies and the concept of socially optimal pricing.

Evaluate the ethical considerations and consumer perceptions related to price discrimination practices.

Understand the concepts of socially optimal pricing and fair-return pricing in the context of regulating monopolies.