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Amanda [17]
1 year ago
5

An electric power company uses block pricing for electricity sales. block pricing is an example of?

Business
1 answer:
mario62 [17]1 year ago
5 0

Answer:

Second-degree price discrimination.

<h3>Explanation:</h3>
  • Second-degree price discrimination occurs when a company charges a different price for different quantities consumed, such as quantity discounts on bulk purchases.
  • It involves pricing goods and services in such a way that it drums up demand and consumption.
  • There are various degrees of this strategy, notably first-, second-, and third-degree price discrimination.

To learn more about second-degree price discrimination, refer

to brainly.com/question/1065123

#SPJ4

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In the given case, the Texas department is trying to attract tourists to visit their state. It is the first time they are trying to do so by inviting the readers of magazines.

Hence from the above we can conclude that the primary purpose of their ad was lead generation.

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Answer:

The contract would be described as <em>International Contract.</em>

Explanation:

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Consequently, Frank and the Indian television provider having entered into a contract, are governed by international contract law unless they agree to abide by the laws of one of the US and India.

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a. $1,000 will be recognized as service revenue using the cash basis.

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A total of $2,400 ($1000 plus $1400) will be recognized as service revenue using the accrual basis.

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