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anzhelika [568]
3 years ago
5

Second-degree price discrimination occurs when: a business asks a series of personal questions about what the purchase is going

to be used for. every consumer pays what he or she is willing to pay. consumers are charged one price for the first bundle of purchases and a different price for the next bundle of purchases. different groups of people are charged different prices.
Business
2 answers:
Marianna [84]3 years ago
7 0

Answer: different groups of people are charged different prices.

Explanation:

Price discrimination is a strategy whereby a seller sells similar goods to different customers at various prices. Price discrimination is a competitive practice that is used by larger, established companies in an attempt to generate huge profit.

Second-degree price discrimination occurs when a firm charges a different price for different quantities bought such as discounts on bulk purchases. Companies price products differently based on the consumer's preferences.

Vaselesa [24]3 years ago
4 0

Answer:

consumers are charged one price for the first bundle of purchases and a different price for the next bundle of purchases

Explanation:

Price discrimination is when a company sells the same good or service at different prices to different consumers.

Second-degree price discrimination is when a seller sells at different prices for different quantities bought. E.g. bulk discount.

First price discrimination is when every consumer pays what he or she is willing to pay

Third price discrimination is when different groups of people are charged different prices.

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By processing their milk supply by themselves and cutting out middlemen, by pooling their resources and working together, the members of Swaayam Ksheer have been able to generate more purchasing power and grow their operations and have been able to double their profits.
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3 years ago
Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, ex
Margarita [4]

Answer:

C. $737,500

Explanation:

The formula to compute the ending balance of retained earning is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

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3 years ago
What was the major financial change between post ww2 borrowers and borrowers after 1970.
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The major financial change between post ww2 borrowers and borrowers after 1970 was that there were plenty of jobs after World War 2 and the economy was growing at a large extent.

Most of the people believed that their income would not change even though there were plenty of jobs in the economy.

However they all have a constant income from the year 1945 to 1970.

So all the people continued  to borrow more and more money by not attending or joining any post war job in the economy.

Banks were also willing to lend more and more money as they were on the way of high earning through more lending but they get closed.

So after the war people continued to increase their loans and debt ratio in the economy of lending due to which it became the period of great depression.

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4 0
1 year ago
the average amount of time between price changes for gasoline is multiple choice two to three months. two to three weeks. two to
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In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.

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Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.

Some factors that change the price of gasoline are:

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1 year ago
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The times interest earned ratio is also known as interest coverage ratio, which measures the capacity of an association to pay its obligation commitments. The proportion is generally utilized by banks to discover whether an debt borrower can bear to assume any extra obligation. It might be figured as either EBIT or EBITDA divided by the aggregate interest which is payable.
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