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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>

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A large dairy manufacturer will be employing Tara.

<u>Explanation:</u>

A large dairy manufacturer would employ Tara as a research assistant or lab analyst or quality manager. It's been said that she had studied to become a chemist.

Since she's particularly interested in learning different innovated ways to keep the food safe it would be easy for her in handling, preparing and testing samples. Her studies would help her to perform standardized tests to determine the quality of the samples.

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3 years ago
The goal in a command economy is economic __________.
tankabanditka [31]
The correct answer is Equality
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go to the st. louis federal reserve fred database, and find data on assets less liabilities, i.e. bank capital (ralacbm027sbog),
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The moral hazard in the banking system over the period of time are the bank leverage will increase and liabilities will also increase.

<h3>What is the history of banking?</h3>

The first prototype banks in the history of banking were the merchants of the world, who lent grain to farmers and traders who transported products between towns. In Assyria, India, and Sumeria, this occurred circa 2000 BCE. Later, during the time of the Roman Empire and in ancient Greece, lenders headquartered in temples provided loans while also taking deposits and handling currency exchange. Evidence of money lending can also be seen in the archaeology of ancient China and India. The wealthy cities of Florence, Venice, and Genoa are among those where many academics locate the historical origins of the contemporary banking system. The Bardi and Peruzzi Families controlled the banking industry in Florence in the fourteenth century, opening branches across much of Europe.

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5 0
1 year ago
true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for mor
KIM [24]

Answer: True

Explanation: This quiz question explains the relationship between income and demand.

7 0
4 years ago
One bank offers a 2% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. It is likely bette
vodomira [7]

Answer:

The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.

Even though the fixed interest rate might be higher, it will not change and that  guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.

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3 years ago
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