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3 years ago

Complete the following table by indicating whether or not each scenario is an example of price discrimination.

Business

1 answer:

Monica [59]3 years ago

8 0

Answer: yes; no

Explanation:

Price discrimination is an exploitative selling strategy that sellers use to try to charge their customers on different prices for the same product or service.

Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price. They are typically distributed via lottery or on a first-come, first-served basis a few hours before the show. Assume that the theater in question does not hold seats in reserve for this purpose, but rather offers rush tickets only for seats not sold before the day of the performance......... YES PRICE DISCRIMINATION OCCURS

---.>In this case, the groups are segmented into those who paid earlier at normal price and those who paid in relation to the rush at discounted price, A case price discrimination arises because the people who have paid more than others for a same show, would not be reserved seats which means that the product was same for the two type of consumers but not the same price

Horizon Wireless offers various features "à la carte" that a customer may add to his or her calling plan, such as a text messaging package, a data package, and an Internet package. NO PRICE DISCRIMINATION

---->This is because Because Horizon Wireless is offering the different features with a la carte pricing, where every customer is subject to the same pricing irrespective of his or her calling plan.

If the price of a data package or internet were different for a customer with a more expensive calling plan, then Horizon Wireless might be attempting to identify thier different consumer types and try to exploit the differences in their willingness to pay.

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3 years ago

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Elanso [62]

Answer:

Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.

Explanation:

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Hiring the right talent.

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3 years ago

Hylands is admitted to the partnership of Reddick & Nole. Prior to her admission, the partnership books show Reddick's capit

tatuchka [14]

Answer:

1a. Hylands capital $90,000 and Reddick capital $180,000

1b. Hylands capital $90,000, Reddick capital $180,000 and Nole capital $90,000

1c. Hylands capital $101,250, Reddick capital $196,875 and Nole capital $106,875

2a. Debit Nole, capital $90,000

Credit Hylands, capital $90,000

2b. Debit Cash $90,000

Credit Hylands, capital $90,000

2c. Debit cash $135,000

Credit Hylands, capital $101,250

Credit Reddick, capital $16,875

Credit Nole, capital $16,875

Explanation:

1a and 2a. The transaction between Hylands and Nole is a sale on Nole's capital to Hylands at $100,000. Thus, the effect of this on partnership's book is the transfer of partner's capital from Nole to Hylands. The entry of transfer is to debit Nole's capital and credit Hylands capital in the amount of $90,000. Hylands pays Nole a greater amount than the capital he receives in the partnership. Partners capital after the transaction is Reddick $180,000 same amount before the acquisition and Hylands capital is $90,000, the total capital of Nole before the transaction.

1b and 2b. First, let's compute if the acquisition is at bonus

Total contribution $270,000 + $90,000 = $360,000

$360,000 x 25% = $90,000 (interest)

Therefore, $90,000 contributed capital by Hylands compared to $90,000 interest is the same so there is no bonus.

In this purchase of interest, the total contribution of partners is $360,000 ($270,000 old contribution plus $90,000 investment of Hylands). The capital each partners is; Hylands $90,000, Reddick $180,000 and Nole $90,000. To record the transaction, we have to debit the cash received by the partnership in the amount of $90,000 and credit Hylands' capital in the amount of $90,000.

1c and 2c. First, let's compute if the acquisition is at bonus.

New capital contribution $135,000 + 90,000 + 180,000 = $405,000

$405,000 x 25% = $101,250

Therefore, $135,000 contributed capital by Hylands compared to $101,250 interest acquired, there is difference of $33,750 served as bonus. Hylands pays greater amount than the interest acquires, therefore there is bonusto od partners divided equally by Nole and Reddick.

$135,000 - $101,250 = $33,750 / 2 = $16,875 (bonus to Nole and Reddick each)

In this purchase of interest, the total contribution of partners is $405,000 ($270,000 old contribution plus $135,000 investment of Hylands). The capital each partners is; Hylands $101,250, Reddick $196,875 ($180,000 + $16,875) and Nole $106,875 ($90,000 + $16,875). To record the transaction, we have to debit the cash received by the partnership in the amount of $135,000 and credit Hylands' capital in the amount of $101,250, Credit Nole capital $16,875 to recognize the bonus and another credit to Reddick capital in the amount of $16,875.

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4 years ago

Costco believes that most of its sales are to small businesses rather than consumers -- and that women are more likely to be mak

Kisachek [45]

Answer:

<em>Hypothesis</em>

Explanation:

The scenario which is given, is an example of <em>hypothesis.</em>

Basically, hypothesis is something in which a person or an individual makes a believe or have a taught by observing or having an illustration.

Now as we can say, that Costco has a believe that is an example of hypothesis, that Costco can examine through the marketing research as well.

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3 years ago

Which of the following is adjusted every year for inflation

kykrilka [37]

Tax brackets are adjusted yearly by the Internal Revenue Service, also known as the IRS. They are adjusted yearly because the economy in the United States has inflation each year. The IRS will then adjust the tax brackets upwards for the citizens. The IRS will adjust things like the standard deduction, personal exemptions, etc for the cost of living. The taxes sometimes will stay the same, but the person or corporation will go into a different tax bracket. The correct answer will be B: Tax Brackets.

3 0

3 years ago