When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as <u>third degree price discrimination</u>.
<h3>What is a
third degree price discrimination?</h3>
This refers to the price discrimination that occurs when a company charges a different price to different consumer groups.
Hence, this is observed when the museums charge a lower admission fee to students and senior citizens but a normal charge is given for other set of people.
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Answer:
The average return of the project is 15%
paybakc 6.67 years
Explanation:
Sean should divide the anual profit over the project cost ot get the average return
30,000 / 200,000 = 0.15
0.15 = 15%
Sean may also want to know the payback period:
so we do investment / income:
200,000 / 30,000 = 6.67
The firm will recover the cost of 200,000 after 6.67 years
The menu area that give room for searching for apps by the problem or business process they address is the Business processes.
Because searching the app, by the problem or business process they address will require you to use the Business process menu.
<h3>What is menu area?</h3>
Menu area can be explained as the area that gives the list of the useful items on the apps.
Learn more about menu area at;
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Answer:
The correct answer is letter "D": Wal-Mart employed a preemptive strategy.
Explanation:
Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology.
</em>
In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
