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Lilit [14]
3 years ago
14

Even though many ballparks practice price discrimination between adults and children in selling tickets, such discrimination is

not applied at the concession stands because
Business
2 answers:
Digiron [165]3 years ago
8 0

Answer:

Price discrimination occurs when the same goods or services are charged by a company at different customer prices. Many types of price discrimination are illegal such as charging more for women's haircuts than men's haircuts. To be legal, it is necessary to justify the different prices charged to another group by the amount of effort required.

In that case, even if ballparks charge different prices for children than for adults, it is not often done at the concession stands because children can purchase cheaper tickets that later could be used by adults.

IRISSAK [1]3 years ago
3 0
Discrimination is not applied at the concession stands because there can be exchange of the product from children, who'd buy it at a lower price, to adults.
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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and woul
Margarita [4]

Answer:

"Decrease by 250" is the appropriate response.

Explanation:

The given values are:

Revised fixed cost,

= $150,000

Current selling price,

= $100

Current variable cost,

= $60

Current contribution will be:

=  Current \ selling \ price-Current \ variable \ cost

=  100-60

=  40

Now,

The revised BEP will be:

=  \frac{Revised \ fixed \ cost}{Revised \ contribution}

On substituting the values, we get

=  \frac{150,000}{40}

=  3750 \ units

hence,

=  4000-3750

=  250

Thus the above is the correct answer.

4 0
3 years ago
The Gap has recently produced a new line of athletic wear that closely competes with a designer label in its quality, utility, a
Bingel [31]

Answer:

<em>Behavioristic </em>

Explanation:

Behavioral segmentation <em>distinguishes a population based on its actions, the reaction, use or understanding of a product by the community. </em>

Consumer habits is a topic of advertising strategy that has been studied extensively over time.

This is primarily because a customer takes into account many considerations before making a decision.

8 0
3 years ago
An employer provides each of its employees with life insurance protection equal to three times the employee's annual salary. Ann
tino4ka555 [31]

<u>Answer:</u>

On the off chance that you <em>kick the bucket</em> during the term, a passing advantage is paid out. On the off chance that you don't pass on during the term, the approach ends toward the finish of the term.

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As you're looking into term <em>life coverage approach choices,</em> you may go over the expression yearly sustainable premium.

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3 0
3 years ago
Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following
Serjik [45]

Answer:

a. -$783 Unfavorable

b. 550 Favorable

Explanation:

a. The computation of Variable Overhead Rate Variance is shown below:-

Variable Overhead Rate Variance = Actual hours × (Standard Variable Overhead rate per hour - Actual Variable Overhead rate per hour)

= 8,700 × ($4.10 - ($36,540 ÷ 8,700)

=  8,700 × ($4.10 - $4.19)

= 8,700 × -$0.09

= -$783 Unfavorable

b. The computation of Variable Overhead Efficiency Variance is shown below:-

Variable Overhead Efficiency Variance = Standard Variable Overhead Rate per Hour ×  (Standard Hours for Actual Production - Actual Hours)

= 5.5 × ((5.5 × 1,600) - 8,700)

= 5.5 × (8,800 - 8,700)

= 5.5 × 100

= 550 Favorable

5 0
3 years ago
Identifying and Analyzing Financial Statement Effects of Cash Dividends Freid Corp. has outstanding 6,000 shares of $50 par valu
Neporo4naja [7]

Answer:

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cash (18,000)                       NA                          Retained earnigns (18,000)

cash (88,000)                      NA                          Retained earnigns (88,000)

Retained earnings is an equity account and any cash dividends paid either to preferred or common stock will decrease cash and retained earnings, remember that both sides must balance.

6 0
3 years ago
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