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goldenfox [79]
2 years ago
14

When deciding what price to charge consumers, the monopolist may choose to charge them different prices based on the customers:_

_____.
Business
1 answer:
Allushta [10]2 years ago
7 0

When deciding what price to charge consumers, the monopolist may choose to charge them different prices based on the customers income level.

Given that monopolist chooses different prices from different customers.

We are required to give the basis on which the monopolist may charge different prices from different customers.

Monopoly is a situation in which the producer or seller charges comparatively high prices from customers.

So, the monopolist may choose to charge the different prices from different customers based on the income level of customers.

Hence when deciding what price to charge consumers, the monopolist may choose to charge them different prices based on the customers income level.

Learn more about monopoly at brainly.com/question/13113415

#SPJ4

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You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement
Serga [27]

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

3 0
3 years ago
A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve
Natalka [10]

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= \frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}

On substituting the given values, we get

= \frac{800}{50,000}

= 0.016

i.e.,

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5 0
2 years ago
Knight Company reports the following costs and expenses in May.
Marina86 [1]

Answer:

A. Consider all indirect manufacturing costs

B. Consider all manufacturing costs

C. Consider non manufacturing costs

Explanation:

A) Manufacturing overhead.

Consider all indirect manufacturing costs

B) Product costs.

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C) Period costs.

Consider non manufacturing costs

4 0
2 years ago
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Svetllana [295]

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The vehicle salesperson will be most suited to earn the salary plus commission. This type of compensation will encourage the salesperson to explore more markets to increase sales figures. Sales performance influence profitability. The higher the sales, the better for the company.

8 0
3 years ago
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Nimfa-mama [501]
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