Segmented pricing is a situation, when seller or a company establishes different prices (two or more), for one the same product.
Price segmentation, to put it simply, is the process of differentiating pricing based on willingness to pay. It is motivated by the reality that customers' price sensitivity might differ greatly from one another, from one product to another, and throughout all the environments in which they use your product.
With price segmentation, you may set different prices for various consumer types according to their willingness and ability to pay. Price segmentation allows you to profit more from consumers who spend the most and less from those who pay the least.
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The offer tangible components along with the service component is end product services. The correct option is (a).
<h3>What do you mean by the end product services?</h3>
End product services are those that provide tangible components in addition to the service component. For instance, in restaurants, there is food and a dining service.
A service business is one in which the buyer's perception of the value of the offering is mostly based on the services rendered to him rather than the products made available. All intangible services offered to the customer fall under this category.
Pure Services: Services that provide clients with extremely few or no tangible products, such as consulting, storage, training/education, etc.
Therefore, the offer tangible components along with the service component is end product services.
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Answer:
D) Intra-European Union trade exceeds international trade by the European Union.
Answer:
Lowered throughout 1990 s; labor force participation rate
Explanation:
The recession of 1990-1991 which lasted for 8 months elevated unemployment rate to 8.1% in 1992, but following 1990 s expansion fell to 4.6% in 2001. Increase in labor force participation, mainly with Baby Boomers generation, which was in its prime ( ages between 37 and 55 in 2001) lead to positive growth in the 90 s. There were numerous other reasons like:
- significantly lower oil prices between mid-to-late 1990 s
- reform of welfare system, which significantly reduced the time users can receive aid
- more egalitarian tax structure
- job growth associated with informational technology revolution
Answer:
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.
For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.