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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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Dmitri was complaining about his workload before the staff meeting began. Later, when the manager announced that 12 parking spac
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Answer:

A

Explanation:

4 0
3 years ago
A partnership liquidation occurs when a.a new partner is admitted b.the ownership interest of one partner is sold to a new partn
Sloan [31]

Answer:

Correct answer is d, the assets are sold, liabilities paid and business operations terminated

Explanation:

The partnership liquidation occurs when the day-to-day operation is closed for good. Part of liquidation's process is to sold the partnership's assets and paid all creditors (outside and partners) and divide the excess to the partners based on the profit and loss ratio or if there is still existing obligation to the creditors, the partners will pay it using their personal assets (applicable to general partner only). This stage, the life of the partnership ceased to exist.

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3 years ago
How does human capital increase throughout a career?
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8 0
3 years ago
The total cost to the firm of producing zero units of output is A. its variable cost in both the short run and the long run. B.
likoan [24]

Answer:

B. its fixed cost in both the short run and the long run.

Explanation:

As there is no production the fixed costs remains the same for short run and long run too, because there is no activity which might be used for these costs allocation in the short or long run. In the long run a fixed cost might behave as a variable cost if there is any activity involved. I the short run the fixed costs is considered as fixed whether there is any activity or not.

4 0
3 years ago
Charlotte's Crochet Shoppe has 12,200 shares of common stock outstanding at a price per share of $68 and a rate of return of 11.
DENIUS [597]

Answer:

9.04%

Explanation:

The computation of firm's WACC is shown below:-

MV of equity = Price of equity × Number of shares outstanding

= $68 × 12,200

= $829,600

MV of Bond = Par value × bonds outstanding × Percentage of par

= $1,000 × 370 × 0.951

= $351,870

MV of firm = MV of Equity + MV of Bond

= $829,600 + $351,870

= $1,181,470

After tax cost of debt = Cost of debt × (1 - Tax rate)

After tax cost of debt = 5.99 × (1 - 0.39)

= 3.6539

Weight of equity = MV of Equity ÷ MV of firm

= $829,600 ÷ $1,181,470

=0.7022

Weight of debt = MV of Bond ÷ MV of firm

= $351,870 ÷ $1,181,470

= 0.2978

WACC = After tax cost of debt × Weight of debt + Cost of equity × Weight of equity

= 3.65 × 0.2978 + 11.33% × 0.7022

= 9.04%

8 0
3 years ago
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