1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scorpion4ik [409]
3 years ago
7

Suppose a monopoly can separate its customers into two groups. If the monopoly practices price discrimination, it will charge th

e lower price to the group with: the higher price elasticity of demand. the lower price elasticity of demand. the fewer close substitutes. The answer cannot be determined with the information given.
Business
2 answers:
max2010maxim [7]3 years ago
4 0

Answer:

the higher price elasticity of demand

Explanation:

A monopoly is when there is only one firm operating in an industry.

Price discrimination is when a producer sells the same good for different prices in different markets.

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price has greater effect on the quantity demanded.

A monopoly would charge the lower price for customers with a higher elasticity of demand because if price is high consumers would reduce the quantity demanded and the revenue of the monopoly firm would fall.

I hope my answer helps you.

Vlad [161]3 years ago
4 0

Answer:

The correct answer is letter "A": the higher price elasticity of demand.

Explanation:

Elasticity is a measure of the reaction of a variable to fluctuations in another variable. It can describe to what degree a product or service's supply or demand, varies with the price of the goods or consumer income. Elasticity is calculated by dividing the percentage change in quantity demanded with the percentage change in price.

Thus, while allocating prices, <em>a company should provide a lower price to a sector with high elasticity because that part of the market is prone to make big demand changes if the price varies abruptly.</em>

You might be interested in
Because financial markets are ____, securities buyers and sellers do not have full access to information and cannot always break
yarga [219]

Because financial markets are <u>Imperfect</u>, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.

<u>Explanation:</u>

An imperfect market is a whole where individual buyers and sellers may influence prices and efficiency, where there is no full transparency of knowledge about products and costs, and where there are large barriers in the sector to enter or exit.

Imperfect markets may not follow the exact measurements of an actual or competitive possible market. If financial businesses were ideal, investors would be constantly and freely responsive to all erudition about any security for trade-in prime and corresponding businesses.

5 0
3 years ago
Read 2 more answers
Identification of problems is challenging. What portion of an MIS system would make managers aware of promotions that are cannib
ICE Princess25 [194]

Answer:

Internal reports system.

Explanation:

7 0
3 years ago
Leslie hypothesizes that teenagers who read magazines develop low self-esteem because of the unrealistic expectations set by the
alexdok [17]
<span>group that has unrealistic expectations and therefore the group with the lowest self-esteem on the confidence scale administered by Leslie</span>
6 0
3 years ago
Read 2 more answers
Stacy purchased a stock last year and sold it today for $4 a share more than her purchase price. She received a total of $1.15 p
dusya [7]

Answer: B. The capital gains yield is positive.

Explanation:

The Capital Gains Yield is a percentage figure that tells how much an investment has increased in price from it's acquisition.

It works by taking the new value and dividing it by the original value.

Using Stacy as an example, the Stock increased by $4 so assuming she bought the stock for even $0.1 then her Capital Yield is,

= 4/0.1

= 40 * 100%

= 4000% which is positive

As long as the stock was sold for more than it was bought, Capital Yield Gain is positive.

7 0
3 years ago
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with in
seropon [69]

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs social and cultural norms.

Social norms are unwritten rules about how to behave but also how things 'just are' within society. Sarah is use to having internat at a rate she can afford but needs to make sure the best rate for running her business approriately is in place. These norms are similar to cultural norms that are what is unspoken to us based on the environment in which we live. They may change as the environment adapts depending on each situation.

3 0
3 years ago
Other questions:
  • Suppose you believe that basso inc.'s stock price is going to increase from its current level of $22.50 sometime during the next
    11·1 answer
  • Rent of $1,000 per month is paid for the next twelve months on October 1st, 1988. As a result of this transaction:
    12·1 answer
  • True or false: diagnosing environmental relationships and the interactions among the various components of an organizational sys
    13·1 answer
  • The objective of the EOQ with quantity discounts model is to ______(A) minimize the sum of annual carrying, holding, and purchas
    13·1 answer
  • When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the
    12·1 answer
  • In December 2015​, Apple had cash of $ 38.53 ​billion, current assets of $ 76.36 ​billion, and current liabilities of $ 76.41 bi
    8·1 answer
  • Prior to the 1997 federal tobacco settlement a pack of cigarettes sold for $2.48. The terms of the settlement required a decreas
    7·1 answer
  • A small company that manufactures special-order wood furniture has kept its employees busy on a 40-hour-a-week schedule for the
    7·1 answer
  • A logistics manager ordering parts wants to choose a mode of transportation
    11·1 answer
  • Melissa invested her savings in two investment funds. The amount she invested in Fund A was $6000 less than the amount she inves
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!