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jekas [21]
3 years ago
5

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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At a price of $13, quantity demanded is ________, quantity supplied is ________ ; therefore excess ________ has occurred.
TEA [102]
At a price of $13, quantity demanded is 120 units<span>, quantity supplied </span>is 130 units; therefore,<span> excess supply</span> has occurred. This is also called as economic surplus. This is the effect when the price set to the product is above its equilibrium level which is determined by its supply and demand.<span> </span>
5 0
3 years ago
People commonly use credit cards, auto loans, home mortgages to finance their purchases *
nalin [4]

Answer:

the answer to this question is true

4 0
3 years ago
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Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply a
riadik2000 [5.3K]

Answer:

higher

buyers to offer higher prices

Explanation:

When there's a shortage in the market, demand exceeds supply. A shortage can be caused either by an increase in demand or a fall in supply. When there's a shortage prices rise.

To curb the shortage, buyers would offer an higher price. This would either increase supply or decrease demand and equilibrium would be restored.

I hope my answer helps you.

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3 years ago
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​A method of training and development in which participants attend courses in a room with lessons taught by either an instructor
Alika [10]

Answer:

classroom teaching and lectures

Explanation:

Classroom teaching and lectures -

It is the method , to acquire and gain knowledge , within a classroom , by the help of a lecturer or teacher .

In a classroom , the teacher in light the class with knowledge by using interesting ways to make the students understand the topic clearly .  

Hence , the correct answer for the given information is classroom teaching and lectures .

4 0
3 years ago
Burton Pharmaceuticals is a fast-growing drug company based in Dallas. Top executives at Burton realize that human capital plays
Jobisdone [24]

Answer:

C) HR representatives attend merger and acquisition discussions.

Explanation:

Decisions about mergers and acquisitions are very complex and include all the aspects of both companies involved (e.g. finance, production, HR, etc.). M&A are part of Burton's strategic planning since they involve the future of both companies.

If HR managers or representatives already attend and participate in M&A discussions, that means that they are already actively participating in Burton's strategic planning.  

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3 years ago
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