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pychu [463]
3 years ago
15

Price discrimination refers to A. the practice of charging different prices to different buyers for goods of like grade and qual

ity. B. a conspiracy among firms to set prices for a product or service. C. an arrangement a manufacturer makes with a reseller to handle only its products and not those of a competitor. D. the practice of charging a very low price for a product with the intent of driving competitors out of business.
Business
1 answer:
Natali5045456 [20]3 years ago
3 0

Answer:

The answer is A.

Explanation:

Price discrimination is a pricing policy where different customers are charged or priced at different prices for the same goods or services.

Price discrimination include can be based on age, occupation, location etc. For example, based on location: customers in estates might be charged higher than a customer that live im Ghetto for the same product.

We have three types of price discrimination:

First-degree price decrimination

Second-degree price decriminatiom

Third-degree price discrimination

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I believe the answer is: D. a change in the cost of inputs changes how much a producer will supply at a given price

Fertilizer is considered to be an input for the avocado since it is an integral part for the avocado producers to transform raw material (Avocado seeds) into a finished product (full grown avocado), Which mean when the cost of fertilizer is increased, the amount of capital needed before their avocado is ready to sell would also increased.

5 0
3 years ago
Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, M
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Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.

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Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.

The correct answer is:

B. Representations and warranties

Find out more information about legal contract here:

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2 years ago
Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value,
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Answer:

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Characteristics 4 and 5 would be typical of an industry that is in the start-up stage.

Explanation:

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  • evaluating the competitors,
  • product re-branding,
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3 years ago
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