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Serhud [2]
3 years ago
5

Which of the following is not a condition of price discrimination? a. The seller must be a price searcher. b. The seller must be

able to distinguish between customers willing to pay different prices. c. It must cost the seller more to service some customers than others. d. Reselling the product must be extremely costly or must not be possible
Business
1 answer:
mixas84 [53]3 years ago
6 0

Answer:

c. It must cost the seller more to service some customers than others.

Explanation:

Price discrimination is when a producer is able to differentiate prices and take advantage of its consumers' surplus.

A price searcher is someone who can influence their prices to change, price discrimination is not possible without being a price searcher.

The seller must also be able to distinguish between different customer groups if not individual customers, hence the distinguish is a must for price discriminators.

Reselling the product must be expensive and hard other wise economic agents would buy the products where there is a lower price and take advantage by selling where differentiated price is high.

However point C, is conditional and it may actually not cost the seller any additional costs to charge different prices.

Hope that helps.

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Priscilla owns 500 shares of Deltona stock. It is January 1, 2016, and the company recently issued a statement that it will pay
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Answer:

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Explanation:

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The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are prese
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Answer:

The answer is attached;

Explanation:

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Cala manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. the nego
Andre45 [30]
Given:
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Entries:                                    Debit                         Credit
Land                                      470,500
           Cash                                                              470,500
(280,000 + 110,000 + 33,500 + 47,000 = 470,500) 

Building                                   1,452,000
          Cash                                                         1,452,000

Land Improvement                        87,800
           Cash                                                             87,800

Expenses incurred in preparing the land for its purpose is classified under the land account. Land does not depreciate because its useful life is unidentified.

Land improvement account is used for expenses incurred to add functionality to the land and these output has useful life and is depreciated. 




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