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anastassius [24]
3 years ago
8

The eau claire mad cows is a professional hockey team. the regular ticket price for games is $10. however, anyone with a driver'

s license that shows their address is in la crosse can buy a ticket for $5. this is an example of what kind of price discrimination
Business
1 answer:
sergey [27]3 years ago
8 0
<span>This type of price discrimination is group pricing. The people who live in la crosse are all members of the same group, a town. In addition, everyone that is part of the group is getting the same rate. That is why it is group pricing.</span>
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Answer:

$9,3

Explanation:

                             COST    RETAIL    RATIO

Inventory, May 1 $10,440        $14,500 .72

Purchases           31,550            42,900

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Purchase discounts

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Net markups                                  3,400

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Totals excluding beginning inventory

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Goods available $43,740          59,500

Sales                                          (46,500)

Inventory, May 31                         $13,000

Estimated inventory, May 31

($13,000 × .72) $ 9,360

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