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jonny [76]
3 years ago
9

Ricky and Anita are 10 year-olds who have a lemonade stand on a busy beach and would like to practice price discrimination. They

know that they are the only sellers of lemonade on the beach and that adults have a less elastic demand for lemonade than kids so they decide to sell their lemonade for $0.25 to kids and $0.50 to adults. Will their price discrimination be successful? Why or why not?
Business
1 answer:
Alex Ar [27]3 years ago
3 0

Answer:

Yes, the price discrimination will be successful.

Explanation:

According to the definition of elasticity of demand we can conclude that adults value more the consumption of lemonade, for that reason are willing to pay a higher price than kids, which has a larger portfolio of beverage to choose.

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The appearance of a résumé can change drastically after it has been scanned. please select the best answer from the choices prov
ioda

It is a true statement that the appearance of a résumé can change drastically after it has been scanned.

<h3>How does the appearance of a résumé changed?</h3>

The real appearance of the resume hardcopy can changed because they lighting and texture will be altered because of the lighting using by the scanning machine.

Therefore, It is a true statement that the appearance of a résumé can change drastically after it has been scanned.

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2 years ago
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finish
Lana71 [14]

Answer:

Cost of god transferred  = $88,300.

Explanation:

The cost of job transferred out =

Opening WIP + direct material cost + direct labor cost + applied overhead - closing WIP

Cost of job transferred = 4,600 + 47,200+ 29,700 +15,900 - 9100

                                       = 88,300.

Kindly note that closing inventory represents amount of manufacturing costs that has been incurred on production units but which are yet to be completed . <em>So to determine the cost of what has be completed and finished, we subtract the value of closing inventory from the total manufacturing cost incurred till date. </em>

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3 0
4 years ago
A Samoan handicraft company is expanding its market into Australia and New Zealand. The company's director of marketing is resea
Flura [38]

Answer:

Both A) and B)

Explanation:

Samoa is a very small country that consists of two islands, and its population is less than 200 thousand. New Zealand and Australia are therefore, massive countries compared to Samoa, with very different cultures.

The Samoan marketing director should research the geography of New Zealand and Australia because it is very different from Samoan geography. He should also complete a demographic analysis (income bracket, gender, and age fall under this category) in order to profile possible customers.

Finally, cultural aspects and rituals such as those described in point B should also be explored in order to know what to expect from local clients, providers, and business partners, and also, in order to know how to advertise the services. (culture is a crucial factor in determining the type of advertising a company employs).

3 0
3 years ago
Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru? product mark
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The type of market is the one in which a person buys stock in type fast food company is Financial market.

What is Financial market?

Any location or system that gives buyers and sellers thew ability to trade financial assets such as bonds, shares, the various international currencies, and derivatives , is referred to as a financial market.

Why is financial market important?

  • Markets provide finance for companies so they can hire, invest and grow.
  • They provide money for the government to help it pay for new roads, schools and hospitals.
  • They can help lower the costs you face buying food at the super market, taking out a mortgage or saving for your retirement.

Learn more about financial market here:

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4 0
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John Maynard Keynes believed that governments should increase spending in order to ___.
Firdavs [7]
John Maynard Keynes believed that governments should increase spending in order to increase demand . 

The correct answer is increase demand 
7 0
4 years ago
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