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vodomira [7]
3 years ago
12

A tennis coach charges $15 per hour for tennis lesson for children and $30 per hour for tennis lessons for adults. This can be v

iewed as a practice of ______.
A. Perfect first-degree price discrimination
B. Imperfect first-degree price discrimination
C. Second-degree price discrimination
D. Third-degree price discrimination
E. None of the above
Business
2 answers:
Sonbull [250]3 years ago
7 0

Answer:

Third-degree price discrimination

Explanation:

Price discrimination is defined as the phenomenon where a single supplier of goods and services charges different prices in different markets on the same product.

Third-degree price discrimination occurs when different prices are charged to different customers for the same product. Customers are grouped by age, sex, location, and time of use.

In the given instance discrimination was based on age. One price was given for children and another for adults.

This is a very common type of price discrimination.

Snowcat [4.5K]3 years ago
5 0

Answer:

Option D is correct.

Third-degree price discrimination

Explanation:

tennis coach charges $15 per hour for tennis lesson for children and $30 per hour for tennis lessons for adults. This can be viewed as a practice of <u>Third-degree price discrimination.</u>

Third Degree Price Discrimination involves charging a different price to different groups of consumers for the same good. These groups of consumers can be identified by particular characteristics such as age, sex, location, time of use.

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Zigmanuir [339]

Oil production industry controlled the politics and economy of texas for most of the twentieth century.

In macroeconomics, an industry is a sector of the economy that produces a set of closely related goods, goods, or services. For example, we can mention the timber industry or the insurance industry.

Industries are subject to various types of risks arising from a volatile macroeconomic environment, technological change, politically induced tariffs, competitive threats and other reasons. These can adversely affect the profitability, sales, cash flow, growth and stock price of companies within each industry group.

Texas is a state in the south central United States. With 268,596 square miles and over 29.1 million residents as of 2020, the state is the second largest state in the United States by area and population.

Learn more about industry  brainly.com/question/26521390

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4 0
1 year ago
Which of the following is true of magazine advertising? It offers lower consumer receptivity and engagement. It offers relativel
GuDViN [60]

Answer:

The correct answers are letters "C" and "D": It offers relatively lower reach and frequency than other media; It is generally considered to have a lower lead time.

Explanation:

Magazines are mediums of information characterized by being dedicated to a targeted market. This is because magazines are printed over certain specific matters such as<em> auto magazines, cooking, food, and beverage magazines </em>or <em>computer and electronics magazines.</em>  

<em>Disadvantages of magazines imply the information portrayed might not be updated since most of them are available for sale periodically -e.g. once a week, month- making an advertisement difficult to be kept up. This situation also means that magazines frequency is lower compared to other media such as newspapers whose reach is higher as well.</em>

3 0
3 years ago
You are given the following data concerning​ Freedonia, a legendary​ country: Consumption​ Function: C​ = ​+ Y ​Investment: I​ =
Grace [21]

Answer and Explanation:

Given that

Consumption function C = 200 + 0.9Y

Investment I = 300

Aggregate expenditure  AE = C + I

Equilibrium AE = Y

Based on the above information

a. The level of equibrium income is

Y = AE = C + I

Y = 200 + 0.9Y + 300

0.1Y = 500

Y = 5000

b. The value of the investment multiplier is

= 1 ÷ (1 - MPC)

= 1 ÷ (1 - 0.9)

= 10

c. The change in the level of equilibrium income if investment increases by 10 is

Y = 200 + 0.9Y + 310

0.1Y = 510

Y = 5100

Change is

= 5,100 - 5,000

= 100

6 0
3 years ago
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
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babunello [35]

Answer: potential of avoidance of risk

       

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Thus, if Fred manages to prove that he got injured due to carelessness ogf the company then he can definitely succeed.

3 0
3 years ago
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