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
Vesna [10]
3 years ago
11

Which of the following is not an example of price discrimination by the only movie theater in town?

Business
1 answer:
malfutka [58]3 years ago
5 0

Answer: Charging one price at all times for all customers (D)

Explanation:

Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices by the same producer to the customers. In price discrimination, companies charge customer different prices based on the willingness and ability of the customers to pay.

This can be seen on cinemas as people are charged different prices and airline companies. In the question above, charging a lower price for children, matinees and people over 65years are price discrimination. For price discrimination not to exist, everyone must pay the same price for enjoying similar good or service.

You might be interested in
What does written business communication skills include?
Art [367]
Learn how to talk and write and spell

4 0
3 years ago
Give four reason as to why being an entrepreneur is beneficial than a doing a job​
anastassius [24]

Answer:

Hope this helps!

4 reasons:

Explanation:

1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.

2) Entrepreneurs get to make their own schedule. You can work for flexible hours.

3) You get to be more independent. Taking entrepreneurship will grant you freedom.

4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!

The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.

5 0
3 years ago
Wayman Corporation reports the following amounts in its December 31, 2018, income statement.
Viktor [21]

Answer:

Wayman Corporation's Net Income for the year ended December 31, 2018 is $64,000.

Solution in excel file is also attached for your reference.

Explanation:

                                                 Wayman Corporation  

                        Income Statement for the year ended Dec 31, 2018  

 

Sales Revenue                                                      $348,000  

Less: Cost of Goods Sold                                      $124,000  

Gross Profit                                                               $224,000    

Less Expenses:    

Operating Expenses  

 Selling Expenses  

   Salaries Expense                      $34,000  

   Advertising Expense                      $24,000  

  Total Selling Expenses              $58,000    

 General & Admin Expenses  

   Utilities Expense                      $44,000  

  Total General & Admin Expenses   $44,000    

 Total Operating Expenses                                     $102,000    

Income from Operations                                     $122,000    

Other Expenses  

Interest Expense                                                     $14,000    

Income before income taxes                              $108,000    

Less: Income Tax Expense                                     $44,000    

Net Income                                                              $64,000  

Download xlsx
4 0
3 years ago
If we say that a price is too high to clear the market, we mean that Multiple Choice
algol13

Answer:

The answer is 1. quantity demanded exceeds quantity supplied.

When the quantity demanded exceeds the quantity supplied, this makes room for a shortage of goods in the market a day and excess demand. Because of this, the price of existing products increase as a lesser number of goods has to be distributed among many people.

When such scenarios happen, the government can take actions such as importing goods from abroad.

Explanation:

3 0
3 years ago
Serges is the owner of a retail meat marketing business. Without authority his managing agent borrowed $3,500 from David, on Ser
cupoosta [38]

Answer:

slattxiana

Explanation:

3 0
3 years ago
Other questions:
  • 1. Gerald and Moira Johnson, are married taxpayers with two children, Michael and Oliver. Oliver lives with the Ryans and Michae
    9·1 answer
  • What is the difference between a vocational school and on the job training
    6·2 answers
  • A price floor is Group of answer choices often imposed when sellers of a good are successful in their attempts to convince the g
    9·1 answer
  • Ahnberg Corporation had 560,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
    10·1 answer
  • The postal service of St. Vincent, an island in the West Indies, obtains a significant portion of its revenues from sales of spe
    6·1 answer
  • Folsom Fashions sells a line of women's dresses. Folsom's performance report for November Year 1 follows.Actual : Dresses Sold:
    7·1 answer
  • Sales prices of baseball cards from the 1960s are known to possess a right skewed distribution with a mean sale price of $5.25 a
    9·1 answer
  • "Investment X offers to pay you $5,800 per year for 9 years, whereas Investment Y offers to pay you $8,600 per year for 5 years.
    5·1 answer
  • Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $12,000 of unpaid and unrecord
    11·1 answer
  • Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries.
    15·3 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!