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
anzhelika [568]
4 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]4 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]4 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.

You might be interested in
How to write business proposal
siniylev [52]
A proposal finalises the sales process, it doesn’t begin it. Ideally, you should NEVER put a proposal to a prospect without having a conversation first.

Let’s say you get a request out of the blue to provide “some information”. What do you do? What you don’t do is just send some information as requested.

Step 1 - Diagnose

You pick up the telephone, call the person, and ideally arrange a meeting to ask more questions. Questions such as:

• what are you trying to achieve? what are your objectives?

• what are the issues you are currently facing?

• what have you tried before?

• what has led you to thinking this might be your solution?

• what are your constraints?

• what is your timeframe?

• what is your budget?

Step 2 - Plan

Look for areas where you can add value. Can you position a better product, a better way or a better price construct to give an outcome superior to the one they are thinking of? Aim to be as helpful as possible. Even if you just give advice and don’t win the work, they’ll think of you again.

If possible, give your prospect two or three options that fall within different budgets. You never know what funding they may have available to them, and you’re leaving money on the table if you give them one choice to either accept or reject. When provided with a good, better, best structure, most people tend to fall in the middle.

Step 3: - Socialise

Then it is a good idea to socialise your proposed solution with the person. Get their input, buy-in and feedback on the various options and let them select the one that works best for them.

Step 4: - Write

Lastly, put the information into writing, in a proposal.

Step 5: - Deliver

If you can, deliver a draft proposal in a face-to-face meeting and walk them through what you are thinking. Again, get their input, buy-in and feedback.

Step 6: - Close

Then send them a final proposal, with all your agreed points. If you make any changes from what was agreed, go back to them and let them know.

I hope this helps.
8 0
3 years ago
What word does this caution,lookout,danger<br> is the signal word used for more sever hazards.
castortr0y [4]

Answer:

danger is used for the most severe hazards

Explanation:

6 0
2 years ago
What is the main motive behind dealer incentives?
Aliun [14]
<span>The main motive behind dealer incentives is to give the dealers a low price for stocking the companies products. The company that gives the biggest dealer incentive will attract more dealers to actively sell the product of that company. It can be seen in case of cars, the incentives given by the manufacturers to their dealers for stocking the cars. Hope this helps :)</span>
6 0
4 years ago
Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in.
Novosadov [1.4K]
Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in. This statement is a fact (true). If the insured person gives up his policy he will receive the cash value not the face amount. If he dies, his beneficiaries will receive the face amount.
3 0
3 years ago
A setback of affirmative action is that: a. those benefitting from affirmative action begin to experience self-doubts about thei
harkovskaia [24]

Answer: those benefitting from affirmative action begin to experience self-doubts about their competence and merit.

Explanation:

Affirmative action is a policy whereby the sex, color, national origin, religion etc are taken into consideration in order to increase the opportunities that are given to a particular set of people. It is used to create fairness.

A setback of affirmative action is that those benefitting from affirmative action begin to experience self-doubts about their competence and merit.

7 0
4 years ago
Other questions:
  • Mrs. Smith owns a piece of Florida real estate. Her school board millage rate is 4.5, City rate is 3.8 and County rate are 2.4 m
    10·2 answers
  • Nina is in an interview for a sales job that requires no experience. She is trying to portray herself as a highly enthusiastic,
    10·1 answer
  • Total spending in an economy is the sum of: personal consumption plus gross private investment plus government spending plus net
    14·1 answer
  • Chris bought a home for $225,000, putting down 20%. The mortgage is at 6 1/2% for 30 years. Determine his monthly payment
    5·1 answer
  • On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and Decem
    10·1 answer
  • Consider how Hunter Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million River Park Lodge
    10·1 answer
  • A company using the perpetual inventory system purchased inventory worth $25,000 on account with terms of 2/10, n/30. Defective
    15·1 answer
  • Starbucks has been in business for over 40 years and for most of that period has been quite successful. they have a portfolio of
    14·1 answer
  • For each of the following separate transactions: Sold a building costing $32,000, with $20,800 of accumulated depreciation, for
    10·1 answer
  • Do you like lauge arts it is supper fun in cool
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!