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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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Norr and Caylor established a partnership on January 1, 2010. Norr invested cash of $100,000 and Caylor invested $30,000 in cash
solmaris [256]

Answer and Explanation:

a. The net income allocated to each partner is shown below:-

                                      Norr               Caylor                Total

Interest                         $12,000         $9,600               $21,600

Compensation             $10,000         $14,000              $24,000

Subtotals                      $22,000        $23,600             $45,600

Allocation of reminder $14,640         $9,760                $24,400

Totals                             $36,640       $33,360             $70,000

b. The balance in both capital accounts is shown below:-

                                                  Norr               Caylor

Beginning capital balances    $100,000       $80,000

Share of income                       $36,640       $33,360

Withdrawals                              ($12,000)      ($12,000)

Ending capital balances         $124,640      $101,360

6 0
3 years ago
You sell T-shirts at your school’s football games. Each shirt costs $5 to make and sells for $10. In the season you sell 100 shi
Annette [7]

Answer: $500

Explanation:

Accounting profit = Revenue - Cost

Revenue = 100 ×$10 = $1,000

Cost: 100 × $5 = $500

Accounting profit = $1000 - $500 = $500

5 0
3 years ago
Suppose a recent college graduate's first job allows her to deposit $150 at the end of each month in a savings plan that earns 6
Radda [10]

Answer:

Final Value= $51,312.68

Explanation:

Giving the following information:

Monthly deposit= $150

Interest rate= 0.06/12= 0.005

Number of months= 9*12= 108

First, we need to calculate the future value of the first investment. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {150*[(1.005^108)-1]} / 0.005

FV= $21,410.99

The second part of the investment:

Number of years= 15

Annual interest rate= 6%

<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)

We need to use the following formula:

FV= PV*(1+i)^n

FV=21,410.99* (1.06^15)

FV= $51,312.68

3 0
3 years ago
Martha and Gordon purchased a home for $175,000 six years ago with a 5.5 percent, 30-year $140,000 mortgage. Their home now has
aliya0001 [1]

Answer:

The correct answer is A that is $76,000

Explanation:

Home equity is the market value of a home owner un-mortgaged interest in the real property, which is the difference among the home's fair market value and the outstanding balance of all liens on the property.

So, it is computed as:

Home Equity = Market value - Outstanding balance

= $210,000 - $134,000

= $76,000

4 0
3 years ago
Britt is a member of an environmental activist organization and has helped organize peaceful protests on campus. She is deeply i
larisa [96]

Answer:

Rebel

Explanation:

Burton Clark and Martin Trow, the two sociologists described about the four types of college subcultures.

1) Collegiate

2) Academic

3) Vocational

4) Rebel

Britt has all the characteristics of Rebel subculture, that is being deeply involved with ideas from the classroom and wider society of art, literature, and politics. They are aggressive nonconformism, and find critical detachment from the college they attend and from its faculty like Britt consider her professors ideas as outdated.

8 0
3 years ago
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