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inessss [21]
3 years ago
15

At many amusement parks, customers who enter the park after 4 p.m. receive a steep discount on the price they pay. This is a typ

e of price discrimination because the amusement park charges a higher price to
a) families with young children that aren’t in school.
b) people who have a more inelastic demand for amusement parks.
c) people who have a more elastic demand for amusement parks.
d) people who are rich enough to visit the amusement park for an entire day
Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

The answer is b) people who have a more inelastic demand for amusement parks.

Explanation:

For this price discrimination strategy, amusement parks are aiming at people who are more willing to come to the amusement park to spend more hours at the park and does not care about entry price as much as other people who are not normally willing to visit the park; instead, may be take a try for one or two hours at the end of the day at deep discounted price.

So, high price will be charged to people less care about entry price, in other works their demand for the amusement parks is relatively more inelastic to other people.

Thus, b is the right choice.

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Mazyrski [523]

Answer: $13125

Explanation:

The amount that the insurer will pay to settle this loss will be calculated thus:

= Insured claim × Insurance value / 80% of replacement value

= 15000 × 105,000 /80% × 150000.

= 15000 × 105,000 / 120000

= 13125

Therefore, the insurer will pay $13125

3 0
3 years ago
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Snezhnost [94]
Hey there,

Getting the first job would probably be the hardest. So the answer is C.

Hope this helped, have a great day :)
6 0
2 years ago
Read 2 more answers
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damaskus [11]

Answer:

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Explanation:

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the online business model was not embraced by the traditional music stores and they paid the price for it.

Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.

8 0
3 years ago
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The answer is future-value
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myrzilka [38]
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