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snow_lady [41]
4 years ago
8

23. Airlines that engage in price discrimination charge higher prices to business travelers because their _____ is more _____ th

an that of other travelers. demand; elastic supply; inelastic supply; elastic demand; inelastic
Business
1 answer:
MrMuchimi4 years ago
5 0

Answer:

demand; inelastic

Explanation:

Price discrimination is when a seller charges different prices for the same product in different markets. Price discrimination is usually practised by monopolists. The aim of price discrimination is to eliminate consumer surplus.

A seller would usually charge a higher price to a consumer whose demand is price inelastic. This means that the quantity demanded is less sensitive to changes in price.

If the seller charges a higher price to a consumer whose demand is price elastic, the consumer would reduce the quantity demanded as a result of the rise in price and the total revenue of the seller would fall.

I hope my answer helps you

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Frank asks you to find out how customers choose which book to buy. You suggest that you could examine how customers are affected
lilavasa [31]

Answer:

The answer is: too much data

Explanation:

If you follow Frank's recommendations, you would be examining seven factors (social media effects, personal recommendations, the book's place, the cover, customers' habits, type of cover and store's atmosphere). Some of them might even be opposing to the others, e.g. customer never read a book by that author, but likes the cover design, but only buys books with paperback covers, is in love with the store's clerk, likes romance but only reads action novels.

This is simply too much information. If you want to increase sales, it is better to focus on specific variables, or even a couple at most.

7 0
3 years ago
A person is overweight (350 pounds) and desires to lose 10% of his body weight over 6 months. what is the total kcalorie intake
snow_tiger [21]

Total caloric restriction over 6 moths:

10%*350 pounds = 35 pounds.

35 pounds * 3,500 calories per pound = 122,500 total calories.

------------------------------------

If weigh loss period is 27 weeks, divide by total number of weeks:

122,500 calories/ 27 weeks = 4537 calories per week

and by number of days (27 weeks= 189 days)

122,500/189 = 648 calories per day

5 0
3 years ago
skills allow a manager to be able to take a problem apart and determine where the snag is, then determine the best way to implem
steposvetlana [31]
<h2>Analytical skill allow a manager to be able to make a problem apart and determine where the snag is.</h2>

Explanation:

Decision making:

Though it looks like closely matches, this skill enable people to take decision on various choices by analyzing its pros and cons. So this option goes invalid for the given situation.

Analytical:

This is the right choice. Analytical ability allows the person to analyze the problem, find the root cause and suggest possible solution.

Conceptual & Technical skill: These both are related to Technical aspect. But the given situation is based on the soft skill aspect.

3 0
3 years ago
An Illinois consulting firm had accounts receivable of $70,000 on December 31, 2015. During year 2016, the consulting firm colle
Leya [2.2K]

Answer:

Revenue - 2016 = $60000

Explanation:

The accrual basis of accounting which follow the accrual principle states that the revenues and expenses for a period should match and should be recorded in the periods to which they pertain to. This means that even if a revenue has been earned and not yet received in cash, it will be recorded in the period in which it is earned.

To calculate the firm's revenue, we will use the following equation.

Revenue for the period = Closing Balance of Accounts receivable + Receipts - Opening Balance of Accounts receivable

Revenue - 2016 = 100000 + 30000 - 70000

Revenue - 2016 = $60000

4 0
3 years ago
According to experienced exporters, what is the only effective way to select a middleman?
Licemer1 [7]

according experienced exporters suggest that the only way to select a middleman is: to personally talk to ultimate consumers to find whom they consider to be the best distributors.

The main consumers are plant-eating herbivores. Caterpillars, insects, grasshoppers, termites, and hummingbirds are all examples of primary consumers, as they only eat autotrophs (plants). There are major consumers who are called specialists because they eat only one type of producer.

Herbivores — animals that eat only plants — consume plants for energy. Herbivores cannot produce their own energy and are called consumers. Herbivores feed only on producers and are therefore primary consumers at the second trophic level of the food chain.

A consumer is any individual or group that purchases or uses goods or services solely for their personal use and not for manufacture or resale. They are the end users of the distribution chain.

Learn more about  consumers here

brainly.com/question/380037

#SPJ4

6 0
2 years ago
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