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makvit [3.9K]
3 years ago
14

Many owners of consulting companies took their own skills and launches businesses by selling those skills to other companies who

needed them. This is an example of which of the following factors leading to business ideas?education and expertise
Business
1 answer:
Juli2301 [7.4K]3 years ago
3 0

Answer:

education and expertise

Explanation:

Based on the scenario being described within the question it can be said that this is an example of education and expertise. By learning a skill or trade and gaining experience by continuously practicing and improving those skills anyone can sell those skills to other individual's or company's that require those skills but do not possess them. Such as the individuals in this scenario did.

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When corporations or businesses sell the same product to different customers at different prices, with a view to maximize profits, price discrimination is said to occur.

There are three types of price discrimination -

First Degree price discrimination

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Third Degree price discrimination

First degree price discrimination occurs when the supplier sells the goods at a price the customer is willing to pay for the good.

Second Degree price discrimination occurs when the supplier establishes slabs for different quantities of goods sold. In this case, the supplier will offer a higher per unit cost for lower quantity of goods, and a lower per unit cost for a higher quantity of goods

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3 years ago
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Answer:

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the answer is b)$800.00

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Hope it's correct,

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