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
Lina20 [59]
4 years ago
9

For direct price discrimination to work a. ​The firm need not be able to identify the members of the low-value group b. ​The fir

m be able to charge the low-value customers a lower price than the higher-value customers c. ​The firm need not worry about any arbitrage since all its customers are charged the same price d. ​It needs to be too complicated for the customers to understand
Business
1 answer:
MakcuM [25]4 years ago
6 0

Answer:

The correct answer is letter "B": ​The firm be able to charge the low-value customers a lower price than the higher-value customers.

Explanation:

Price discrimination is the practice by which producers charge different prices to different consumers based on factors such as<em> age, income or location</em> to mention a few. This differentiation in prices is always justified by producers with one of those factors otherwise the approach would be considered illegal.

Direct price discrimination<em> is carried out when the firm charges lower prices to an unfavored sector of the market keeping the regular price in sectors where income is higher.</em>

You might be interested in
Agri-Cor sells farm equipment throughout the euro zone. The company has noticed that some customers travel to countries where eq
sergejj [24]

Answer:

These statements are correct:

  • It makes it easier to compare prices across Europe - the Euro is the common curriency across 19 countries, but prices in those countries are far from being the same. For example, Germany is a lot more expensive than Greece (although a lot wealthier too), and Greek people can easily find out that the same product in Germany costs more euros than in Greece.
  • It makes Europe an optimal currency area - in the Eurozone, economic efficiency is now higher because resources can be allocated across different countries thanks to the fact that prices can be compared in the region.

3 0
3 years ago
If Good C increases in price by 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % , what is the
sergiy2304 [10]

Answer:

1.2

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good D to changes in price of good C.

Cross price elasticity = percentage change in quantity demanded of good D / percentage change in price of good C = 60% / 50% = 1.2

I hope my answer helps you

3 0
3 years ago
Bank service charges = $20 Deposit outstanding = $150 Interest earned on the bank account = $10 Checks outstanding = $400 Which
m_a_m_a [10]

I think the deduct checks outstanding should be deducted from the bank balance and deposit outstanding should be added to the bank balance

6 0
3 years ago
What is the purpose of long-term disability insurance?
siniylev [52]

The main purpose of of long-term disability insurance is: A. To replace a portion of a person's income if that person cannot work.

<h3>What is  long-term disability insurance?</h3>

Long-term disability insurance can be defined as the type of insurance coverage that help to guide a person income if the person is unable to work as a result of illness or injury.

Long-term disability insurance  is important  when it comes to unforeseen circumstance.

Inconclusion to replace a portion of a person's income if that person cannot work.

Learn more about Long-term disability insurance here:brainly.com/question/25938882

5 0
2 years ago
Marshall Manufacturing issues a $1,000 bond with an interest rate of 10%, and a maturity date of 2031. This creates a liability
Alina [70]

Answer:

The correct option is d. $100 interest per year and $1,000 in the year 2031.

Explanation:

Bond can be described as a financial instrument showing that certain amount of money is being owed to the holder. The bondholder has to be paid periodic interest at a specific rate and bond value has to paid back to the holder at the maturity date.

From the question, we have:

Bond value = $1,000

Interest rate = 10%

Maturity date = 2031

Therefore, we have:

Interest per year = Interest rate * Bond value = 10% * $1,000 = $100 per year

This implies that this creates a liability for Marshall Manufacturing to pay the bondholder $100 interest per year and $1,000 in the year 2031.

Therefore, the correct option is d. $100 interest per year and $1,000 in the year 2031.

7 0
3 years ago
Other questions:
  • What is one disadvantage to consumers of a rebate offer?
    15·2 answers
  • A well-known Hollywood actress owns a home in Beverly Hills and another one on the French Riviera. She owns her own movie produc
    12·1 answer
  • Company purchased $60,000 of Stanton Company’s 12% bonds at 100 plus accrued interest of $2,400. On June 30, Pierce received its
    13·1 answer
  • - QI- State 2 reasons why it is necessary to prepare<br> financial statements at regular intervals
    11·1 answer
  • Scubapro Corporation currently has 500,000 shares of common stock outstanding and plans to issue 200,000 more shares in a season
    13·1 answer
  • What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change
    9·1 answer
  • Assignment, write a narrative essay. Your essay should address how the key elements of organizational culture impact human resou
    9·1 answer
  • One benefit of going to work instead of college after graduation is (5 points)
    5·1 answer
  • You need to hire a receptionist that will be handling cash. What steps would you take to make sure you hire the right person?
    7·1 answer
  • The first step to a successful value-driven marketing strategy is to determine whom to serve with a market offering. to make thi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!