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shepuryov [24]
3 years ago
15

What is second degree price discrimination​

Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

Explanation

In the second-degree price discrimination, the ability to gather information on every potential buyer is not present. so Instead, companies price products or services differently based on the preferences of various groups of consumers.

Often, businesses apply second-degree price discrimination through quantity discounts; for customers who buy in bulk receive special offers not granted to those who buy a single product. This type of pricing strategy is used most often in warehouse retailers, such as Sam's Club or Costco (COST), but it can also be seen in companies that offer loyalty or rewards cards to frequent customers.

Second-degree price discrimination does not altogether eliminate consumer surplus, but it does allow a company to increase its profit margin on a subset of its consumer base.

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Taylorism suggests low levels of trust between an employer and their workforce. To ensure that labor power purchased is converted into labor performed, direct control is therefore required. Managers are urged by this control question to identify methods of enforcing workers what they should do, how to perform it, within what parameters, and how quickly, and assess employee performance and impose penalties.

<h3>What is Taylorism in scientific management?</h3>

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1 year ago
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Arisa [49]

Answer:

$54,020

Explanation:

Total fixed costs = Fixed selling and administrative expenses

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Answer:

Check attached file

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