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Lina20 [59]
3 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]3 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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Answer:

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Explanation:

In Offer 2, we apply the present value formular for annuity to calculate the number of repayment, thus number of year payback because repayment is made once a year.

We have the formular to calculate present value of annuity as followed:

PV = (C/i) x [1-(1+i)^(-n)].

apply to the question, we have:

          PV = the owed principal amount = $15,000;

           i = annual interest rate compounded once a year = 20%;

           C = number of equal annual repayment =  $3,900;

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As we need to find n, we have:

15,000 = (3,900/20%) x [ 1- 1.20^(-n)] <=> 1-1.2^(-n) = 0.769 <=> 1.2(^-n) = 0.231 <=> n = -(the base 1.2 logarithm of 0.231) = 8

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Difference between disposition and sentencing
Vladimir79 [104]
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