1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
1 year ago
14

When museums charge a lower admission fee to students and senior citizens, this form of price discrimination is known as _______

_ pricing.
Business
1 answer:
azamat1 year ago
6 0

When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as <u>third degree price discrimination</u>.

<h3>What is a third degree price discrimination?</h3>

This refers to the price discrimination that occurs when a company charges a different price to different consumer groups.

Hence, this is observed when the museums charge a lower admission fee to students and senior citizens but a normal charge is given for other set of people.

Read more about price discrimination

brainly.com/question/12380932

#SPJ1

You might be interested in
. What will happen in the market for shotgun-shell ammunition now if buyers expect higher shotgun-shell prices in the near futur
Temka [501]

Answer:

A.

Explanation:

The demand for some of products have a relationship, where the quantity demanded for one product depends somehow on the prices of both.

If two goods are substitutes, an increase in the price of one increases the demand of the other.

The demand for brand A depends on its price and also in the price of its main competitor.

In this case, shotgun-shell  and shotgun-shell ammunition are substitutes.

6 0
3 years ago
What do you think Madison needs to include in the fire prevention training plan?
andrezito [222]
"Fire size", "Atmosphere in the vicinity of the fire", "Fire fighter's evacuation path" are the correct answers.
5 0
2 years ago
Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store ea
Korolek [52]

Answer: $94,000

Explanation:

7 0
3 years ago
If you are a manager seeking to join a firm that groups managers according to their expertise and resources they use in their jo
4vir4ik [10]

Answer:

Asfghiekeekeeekekkekekekekskeoeoekseoke,eoekelsoe,sos,dodos,ske

Explanation:

6 0
3 years ago
Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
lorasvet [3.4K]

Answer:

B) She has to share all of the profits with the partner.

Explanation:

A partnership is a business owned by two or more parties while a sole proprietorship is owned by one person. In the former, decisions are made jointly and the process might take long since all partners must consent to it. Another disadvantage is that all profits are shared between or among all partners unlike a sole proprietorship where the owner takes all the profits.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net opera
    10·1 answer
  • Which function would you use to change the appearance of data in a cell from decimal to percentage?
    15·2 answers
  • Which of the following is a typical complaint of host-country competitors against foreign firms? Foreign firms burden the host-c
    10·1 answer
  • A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 10.1%, and the constant growth rate, g, is 4.0%.
    7·1 answer
  • Both BioThink Inc. and GD Pharma Inc. have discovered similar vaccines to prevent cancer. While GD Pharma's vaccine sells at $10
    5·1 answer
  • Matt manages database security for a university and he’s concerned about ensuring that appropriate security measures are impleme
    7·1 answer
  • If you show defensiveness, people are more likely to _____. a. confront you about your problems b. critique your performance c.
    6·1 answer
  • Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p
    5·1 answer
  • Question #5
    8·1 answer
  • I think apples are woman and pears are dudes. is that true?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!