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
KIM [24]
1 year ago
5

when a club store (like costco) charges an annual membership, but sells goods at extremely low prices, it is using what economis

ts call a: a excise tax. b inferior good strategy. c two-part tariff. d profit minimizing strategy. e coupon strategy.
Business
1 answer:
Law Incorporation [45]1 year ago
4 0

When a membership store (like Costco) costs an annual membership, however sells items at extraordinarily low expenses, it's miles the usage of what economists name a: Price discrimination.

The required details for Price discrimination in given paragraph

Price discrimination is a promoting approach that costs clients specific expenses for the identical service or product primarily based totally on what the vendor thinks they are able to get the consumer to agree to. In natural fee discrimination, the vendor costs every consumer the most fee they may pay.  Companies exercise fee discrimination in an effort to maximize profits. Since a huge marketplace normally consists of many kinds of purchasers, fee discrimination lets in groups to provide a excessive fee to well-off purchasers and a low fee to the maximum fee-touchy purchasers.

Price discrimination is practiced primarily based totally on the vendor's notion that clients in sure businesses may be requested to pay greater or much less primarily based totally on sure demographics or on how they cost the service or product in question.

To know about Price discrimination in given link

brainly.com/question/25565797

#SPJ4

You might be interested in
Which theory would most likely explain why a commercial bank, which usually focuses on short-term securities, would switch to lo
den301095 [7]

Answer:

preferred habitat

Explanation:

According to the preferred habitat theory, if the expected returns from investment of a particular investment maturity is large enough, investors would shift from their preferred maturities.

In this question, there is a shift from the preferred maturity (short-term securities) to a long-term securities when interest rate changes

The pure expectations theory assumes that bonds of any maturity are perfect substitutes for each other. For example, if an investor buys a 10 year bond and holds it for 1 year, the return is the same as buying a 1 year bond. The theory also assumes that risk premium does not exist and a security only earns its risk free rate

Liquidity premium theory states that risk premium increases with the maturity of a bond. The theory predicts that the yield curve is upward sloping due to liquidity premium

According to the segmented market theory, each bond maturity segment can be thought of as a segment market in which yield are a function of the demand and supply for funds in that maturity.

5 0
3 years ago
What is the difference between excluded services and services that are not reasonable and necessary?
Kitty [74]
Excluded services are those services which health insurance companies do not pay for. Those services may be needed or necessary but they are not covered by the health insurance plan and the person concerned will have to pay for the service himself. Services that are not reasonable or necessary refer to those services which are not deem necessary in the treatment of a patient.
8 0
3 years ago
Cooper’s Brakes, Inc., enters into a contract with Byron’s Service to fix Cooper’s hydraulic equipment. Byron delays the repair
Dennis_Churaev [7]

Answer:

The answer is: Compensatory damages

Explanation:

Compensatory damages refers to money awarded to a plaintiff in a civil case (in this case Cooper's Brakes) to compensate for incurred losses (or injuries, etc. in other cases). The plaintiff has to prove that the losses he suffered were caused by negligence or unlawful conduct of the defendant (Byron's Service). The plaintiff has to be able to quantify (in monetary terms) the damages it suffered.

4 0
3 years ago
What are the limitations of gdp and gnp
shutvik [7]

The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.

7 0
3 years ago
Read 2 more answers
Janet, a manager at hollyoak systems, is known for her passionate and people-friendly ways. janet knows all her employees well a
PtichkaEL [24]
Based on the scenario above, Janet can be regarded as an Free-rein learder. Janet has the authority style where subordinates are not straightforwardly managed and rather should work on possess and demonstrate their value through achievements. No particular supervisory criteria must be met.
3 0
3 years ago
Read 2 more answers
Other questions:
  • As soldiers returned from Afghanistan, International Enterprises hired several qualified soldiers with hearing impairment to wor
    5·1 answer
  • Who is the first level supervisor in the fire department? intro to fire protection?
    11·1 answer
  • Financial data for a company is provided below:Cash, end of year, $500,000Estimation of yearly cash expenses from negative cash
    10·1 answer
  • Perry Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost infor
    15·1 answer
  • A prospective borrower has an estimated monthly housing expense of $486, and his monthly obligations total $684. If the borrower
    12·1 answer
  • During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked
    10·1 answer
  • What form do some schools, especially private schools, use in addition to the FAFSA to determine how to award aid? A) FAFSA II B
    12·1 answer
  • On July 1, a company paid the $3,360 premium on a one-year insurance policy with benefits beginning on that date. What will be t
    6·1 answer
  • Normally dividend or /and capital gain is reason of investment. Why do you think stockholders of a firm that is performing very
    6·1 answer
  • Felipe's uncle owns a large manufacturing business with offices in three states. this type of business would best be described a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!