Answer:
The answer is b) people who have a more inelastic demand for amusement parks.
Explanation:
For this price discrimination strategy, amusement parks are aiming at people who are more willing to come to the amusement park to spend more hours at the park and does not care about entry price as much as other people who are not normally willing to visit the park; instead, may be take a try for one or two hours at the end of the day at deep discounted price.
So, high price will be charged to people less care about entry price, in other works their demand for the amusement parks is relatively more inelastic to other people.
Thus, b is the right choice.
Colorado not even kidding
The implication of sharing confidential material information is about having to keep a certain thing private in a way that it should be remained secret and hidden unless it has been given consent by the person who holds the privacy to be told to another party. It is not release carelessly and should be handled with care as it should be kept by the person withholding the information.
Answer:
The answers are,
1) Perfectly Identical
2) many
3)takers
4)false
Explanation:
Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.
But since the Lettuce is a broad category, we can assume that it is a competitive market.
Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.
Answer:
true
Explanation:
Operating profit is referred to as the profit gained by the corporation in business. it is calculated by subtracting all expenses from the total profit over the given period.
it is considered to be the best way to determine how management tactics are helpful or beneficial for the organization. it helps to decide on the working policy for future goals.
