Finding everyone's willingness to pay is costly and difficult is one major hurdle monopolies face to engage in first-degree price discrimination.
Price discrimination is a promoting approach that prices clients different charges for the same product or service primarily based on what the seller thinks they could get the client to conform to. In pure charge discrimination, the seller costs every customer the maximum fee they will pay.
There are three types of price discrimination that you may stumble upon: first-degree, second degree and third degree. Those stages sometimes move by way of different names: customized pricing, product versioning or menu pricing, and group pricing, respectively.
Companies benefit from rate discrimination because it may entice purchasers to purchase large portions in their products or it may inspire in any other case bored stiff patron businesses to purchase products or services.
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Rivers, mountain ranges, historical points (railway, a wall, etc.)
Most country borders are divided by geographical points, and sometime just for political and historical reasons (what belonged, and waht should belong to whom).
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Answer:
the positive feedback's effect or responses are in the same direction as the initiating stimulus rather than opposite of it
Explanation:
Let's say that there a person in a team want to achieve a certain goal.
Positive feedback form team members will act as a stimulus that push that person into doing something that is aligned to the goal.
But,
When we give negative feedback under the same situation, it will cause a push back for that person that bring him/her further from the goals, so they tried harder in order to keep themselves further from the opposite directions from the goals.
Explanation:
Legislature is a word that comes from the Latin language, meaning "those who write the laws." A legislature is therefore a group of people who vote for new laws, for example in a state or country.
The correct answer would be option C, Exchange Rate.
When planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in Europe because sometimes the U.S. dollar will buy more goods and sometimes it will buy less, based on changing economic conditions. The Exchange rate is the rate at which the currency of one area or country can be exchanged for the currency of another’s.
Explanation:
When one currency of a country is exchanged with the currency of another country, the rate at which the currencies are exchanged is called as the exchange rate.
For example while planning a trip to Europe from America, the couple have US dollars which they need to exchange in Euros to be able to use the currency in Europe.
Roughly, a Euro is equivalent to 1.08 US Dollars, as of today. So this 1.08 dollars will be the exchange rate for US dollars to Euro.
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