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lawyer [7]
4 years ago
14

How does price discrimination help cover fixed costs?

Business
1 answer:
Svetradugi [14.3K]4 years ago
3 0
For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
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worty [1.4K]

I think its B but im not sure.

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Is it ethical to be a billionaire?
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Yes it is 100% you can do anything
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3 years ago
Max bought a ticket to the championship baseball game for $170. Someone approaches him outside the stadium and offers him $365 f
Zinaida [17]

Answer:

<h2>The answer in this instance, would be option a. or $365.</h2>

Explanation:

  • In this case, the original price of the baseball game ticket is $170 as paid by Max to buy the ticket and someone offered $365 to sell his ticket to that person.
  • Note that Max is basically giving up or sacrificing the opportunity of earning $365 as he decides to attend the game and not sell his ticket.
  • Therefore,in this case, the opportunity cost of attending the game by personally purchasing the ticket to Max would be $365 as he is foregoing the opportunity to earn additional $365 by refusing to sell his ticket and go to the game instead.
7 0
3 years ago
Queen Products Company are presented below. All balance sheet data are as of December 31.
jonny [76]

Answer:

1. Asset turnover times. =1.31 times

2. Return on assets. = 7.9%

3. Return on common stockholders’ equity =10.5%

Explanation:

Asset turnover

Asset turnover indicates how efficient a business in the use of asset to generate sales. The higher the number of times the better.

Asst turnover = Turnover /Total asset

                      = 757,500/577,100

                       =1.31 times

Return on Asset

Return on asset is measure of the percentage of asset earned as income. The higher the better

Return on assets = Net income/Assets

                              = 45,500/577,100× 100

                              = 7.9%

<em />

<em>Return on Equity</em>

This measures the proportion of equity investment earned as net income. The higher the better

Return on Equity = Net income/Equity

Return on commons stockholders

= 45,500/433,400 × 100

=10.5%

7 0
3 years ago
What is one way that technology can improve the production of goods
shutvik [7]
Technology is advancing everyday with new inventions, as well as these inventions there are new chemicals being created for longer lasting crops. This improvement in technology can change how fast crops can be made to resist climate and other changes.


hope that gives you a base idea
6 0
3 years ago
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