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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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The Nixon Corporation’s common stock has a beta of 1.7. If the risk-free rate is 4.8 percent and the expected return on the mark
Archy [21]

Answer:

13.64%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

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= 4.8% + 1.7 × 5.2%

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3 years ago
Please select the word from the list that best fits the definition
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<u>Explanation: </u>

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8 0
3 years ago
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nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

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Expenses:                                    $

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Net Income (A-B)                                 $23,175

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SashulF [63]

Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

8 0
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What is bank run ? in your own words.​
postnew [5]

Answer:

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Explanation:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

8 0
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