The answer is different, identical. That is "price discrimination occurs when people are charged different prices for identical products.
Take into account the price discrimination is a strategy aimed to maximize profits. This strategy consists on charging customers different prices for the same product or service based on the maximum price that a particular sector (customers) is willing to pay for the product or service.
Answer: A: remain constant on a per-unit basis but change in total based on activity level
Explanation: A Variable cost is a cost an organisation incurs that is affected by fluctuations in production and so changes between given periods.
variable costs are not consistent but fluctuates in relation to the production activity of an organisation. Variable costs increases as production level increases and vise versa.
Costs associated with variable costs are those that contribute directly to the goods or service being offered by a business and therefore differ from period to period.
The total costs a company incurs are divided into Variable costs and Fixed costs. variable costs are costs incurred on raw materials, commission, labour, packaging and shipping while fixed costs are costs incurred on rent, salaries, repairs and maintenance, electricity etc.
Answer:
d)
Explanation:
Based on the scenario being described within the question it can be said that the in order to test positively in reliability a test needs to provide the same output no matter how many times the same input is introduced. Therefore the best way to assess the reliability would be to administer the same test to different people at two different points in time and compare their test scores at time 2 with the scores at time 1
Answer:
c) the incentive structure accompanying market prices.
Explanation:
The invisible hand explains the unintentional social advantages of ego-interested actions of people, a term first proposed by Adam Smith in The Theory of Moral Sentiments, published in 1759, referencing it with respect to the distribution of revenues.Administrators offer multiple incentives, that are bonuses or encouraging variables that push the person to function effectively and in the long term interest of the principal. The incentive structures contain price / referral fees, annual bonuses and compensation for performance
