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laiz [17]
3 years ago
5

Price discrimination is the practice of selling the same good at more than one price when the price differences are not justifie

d by cost differences. Evaluate the following statement: "Price discrimination is not possible when a good is sold in a perfectly competitive market."
Business
1 answer:
coldgirl [10]3 years ago
4 0

Answer:

The statement is: True.

Explanation:

Perfectly competitive markets are theoretical markets characterized by having many buyers and sellers, where products are homogeneous, having easy conditions for entry or exit of new firms, and where producers are price-takers because the price is determined by supply and demand.  

In such a scenario, <em>companies could not set different prices such as in a price discrimination approach because consumers would rather go to the competition.</em>

You might be interested in
Why is it important that ""links live forever"" when designing an internet-based electronic commerce system?
Elenna [48]

"Links live forever" is very important when designing commercial internet based electronic sites. Link live forever has the following 4 important reasons:

  1. Customer bookmarks
  2. Links from other sites
  3. Search engine referrals
  4. Old content adds value

When designing an electronic internet-based site, it is important that all the links live forever. The reasons are:

  1. Customer bookmarks: When the website is live, customers who are interested in your specific product may bookmark that page for later use. For example, customers bookmark a link that navigates them later to that page. If the link is live, then customers visit that link/page again without any hassles.  
  2. Links for other sites: Sometimes other sites link your link (website/page/product page) to some pages where they want to navigate the customer/visitor to their site. If the link is live, then customers/visitors easily visit your website/page/product page.
  3. Search Engine Referrals: Search engines rank the site on the content you are providing on the given link. When a search engine refers the visitor to your website, if it is life then the visitor will be served otherwise a dead link will disappoint both visitor and search engine.  
  4. Old content adds value: Keeping the link of old content live adds value to your website and adds value for your user. Keeping links of old content live serves the visitors best because their interest may be renewed, searching about historical events, and searching for older information.  

So, it is very important to keep the links live forever of the commercial internet-based websites.

You can learn more about commercial website at brainly.com/question/18119179

#SPJ4

5 0
2 years ago
Sean McGowan renewed his membership at Bargain Barn. Shortly after renewing the card, Sean started receiving calls from collecti
34kurt

Answer:

Identity theft

Explanation:

Identity theft is when a person steals another person's information like name and credit card information and uses it to commit a crime. For example, a person can use someone else's name and social security number to get a loan. According to this, Sean experienced identity theft because someone stole his information and got a credit card under his name.

8 0
4 years ago
Lists three of the most important factors that should be considered when designing a web site
rjkz [21]

making the site usable for the average user

speed website speed can make or break your entire website

contact info

5 0
3 years ago
Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th
FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0
4 years ago
A fully inclusive document detailing an​ organization's mission,​ organization, objectives, and operations is called​ a(n) _____
inn [45]

The one responsible of providing a fully inclusive document that details the mission of the organization, its objectives and their operations is called business. Business are likely to be run by a group of people in which they have a common interest or purpose in order to achieve their goal.

4 0
4 years ago
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