Because Adults may replace products from children who can buy cheaply.
These levels of price differentiation are also known as individual pricing (tier 1 pricing), product versioning or menu pricing (tier 2 pricing), and group pricing (tier 3 pricing). .
In third-degree price discrimination, different consumer groups charge different prices for the same product. These consumer groups can be identified based on certain characteristics such as age, gender, location and time of use.
Third-class monopoly price discrimination means that monopolists charge different prices for the same product in different markets because the price elasticities of demand differ. Quite common in the market.
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Answer:
$ 0
Explanation:
Under monopolistic competition, firms reach equilibrium in the long-run: this equilibrium is a point in which the marginal cost of producing one additional unit of ouput are the same as the marginal revenue from the sale of the same additional unit of output.
In other words, in the long-run, firms under monopolistic competition can only break-even, they do no obtain economic profits.
Answer:
The correct answer to the following question is option A) inventories carried at cost .
Explanation:
Usually items in the balance sheet accounts are recorded at the current exchange rates, and if in the situation where a foreign entity is not recording its accounts in the foreign functional currency then while remeasuring the accounts would be recorded at historical cost and these accounts would be those which are carried at cost, like they're non monetary items . So here inventories carried at cost would be the correct option.
Answer:
The correct answer is letter "D": the interest rate on bonds.
Explanation:
Investors tend to keep their money liquid as cash, and expect attractive returns for sacrificing their liquidity, according to the Liquidity Preference Theory. Investors will pay more for short-term debt and the liquidity that comes with it, and they will also seek higher interest rates before taking on longer-term debt.
Thus, <em>the opportunity cost of holding money, according to the liquidity preference theory would be the returns obtained from investing in assets such as stocks or interest rates with bonds.</em>
Answer:
47.5%
Explanation:
Data provided in the question:
Clearance discount percentage offered = 30%
Additional discount = 25%
Now,
Let the price of the car be $100
Therefore,
Price after the clearance discount = $100 - 30% of $100
= $100 - $30
= $70
Therefore,
Price after additional 25% discount = $70 - 25% of $70
= $70 - $17.5
= $52.5
Thus,
Total discount percentage
= [ ( Original cost - Selling cost ) ÷ Original cost] × 100%
= [ ( $100 - $52.5 ) ÷ $100 ] × 100%
= 47.5%