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Elden [556K]
3 years ago
12

Suppose the local pharmacy charges different prices to senior citizens than it charges to younger customers. The pharmacy should

charge the senior citizens less than the younger customers if:
Business
1 answer:
Slav-nsk [51]3 years ago
4 0

Answer:

third-degree price discrimination

Explanation:

Third - degree price discrimination -  

It refers to the practice of discrimination , i.e. , unfair treatment , where people tends to ask for different price for the same goods and services , is referred to as third - degree price discrimination.  

The discrimination can be on the basis of time , location , age , gender etc.

This type of discrimination is very common observed in the day to day activities .  

Hence , from the given scenario of the question,  

The correct term is Third - degree price discrimination .

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Dmitri lives in Houston and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. O
sladkih [1.3K]

Answer:

Implicit costs are opportunity costs. They are the cost of the next best alternative that one could have taken from the one they took.

Explicit costs are normal accounting costs which represent the expenses involved in running a business.

a. The wages and utility bills that Charles pays. EXPLICIT COSTS.

These are normal accounting expenses so they are explicit costs.

b. The wholesale cost for the guitars that Charles pays the manufacturer. EXPLICIT COSTS.

Another cost of doing business so this is explicit as well.

c. The rental income Charles could receive if he chose to rent out his showroom. IMPLICIT COST.

By not renting out his showroom and using it instead, he is losing the rental income he could be making so this is an implicit cost.

d. The salary Charles could earn if he worked as a financial advisor. IMPLICIT COST.

Another income he could be making if he wasn't selling guitars. This make it an implicit cost.

5 0
2 years ago
Which loan type requires you to make loan payments while you’re attending school
Gala2k [10]
Unsubsidized federal loan
6 0
3 years ago
Ames, Inc., has $1 million of notes payable due June 15, Year 2. At the financial statement date of December 31, Year 1, Ames si
Delvig [45]

Answer: B. $40,000, $960,000

Explanation:

The long term obligation will be 80% of the collateral value which will be:

= 80% × $1.2 million

= 0.8 × $1,200,000

= $960,000.

Therefore, the short term obligation will be:

= $1,000,000 - $960,000

= $40,000

7 0
2 years ago
Column A
kykrilka [37]

Answer:

omg what is this I can't understand sorry

3 0
2 years ago
What are examples of criteria used in conditional formatting? Check all that apply. less than equal to added to divided by great
natima [27]

Answer:

  • Less than
  • Equal to
  • Greater than

Explanation:

Considering the listed options, the criteria used in conditional formatting are Less than, Equal to and Greater than

To make use of conditional formatting, follow the highlighted steps

1. Highlight cells that you want to format

2. Goto Home tab -> Styles -> then select Conditional Format

3. Select Highlight Cells Rules

4. Select the format type (this is where you get to pick either of greater than, equal to less than, etc.)

5. Enter the format value and how it is to be formatted

6. Press OK

3 0
3 years ago
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