Subjects
PRICING
COURSES
SIGN IN
Start Free Trial
Jessica N.
NYU Class of 2017
Tutor Satisfaction Guarantee
Economics
TutorMe
Question:

What is the difference between 1st, 2nd and 3rd-degree price discrimination?

Jessica N.
Answer:

1st-degree price discrimination is when the firm captures all of the consumer surplus by setting the maximum price per unit. 2nd-degree price discrimination is when the firm charges different prices for different quantities based on the consumers' willingness to pay. 3rd-degree price discrimination is when the firm charges different prices to different consumer segments.

Statistics
TutorMe
Question:

What is the importance of linearity in the parameters of the regression function?

Jessica N.
Answer:

Regardless of the linearity of the variables in the function, if the parameters are linear then the function is a linear regression.

Business
TutorMe
Question:

What is a SWOT analysis?

Jessica N.
Answer:

A SWOT analysis is a framework/planning process that evaluates the strengths, weaknesses, opportunities and threats for an organization.

Send a message explaining your
needs and Jessica will reply soon.
Contact Jessica
Ready now? Request a lesson.
Start Session
FAQs
What is a lesson?
A lesson is virtual lesson space on our platform where you and a tutor can communicate. You'll have the option to communicate using video/audio as well as text chat. You can also upload documents, edit papers in real time and use our cutting-edge virtual whiteboard.
How do I begin a lesson?
If the tutor is currently online, you can click the "Start Session" button above. If they are offline, you can always send them a message to schedule a lesson.
Who are TutorMe tutors?
Many of our tutors are current college students or recent graduates of top-tier universities like MIT, Harvard and USC. TutorMe has thousands of top-quality tutors available to work with you.