Finding everyone's willingness to pay is costly and difficult is one major hurdle monopolies face to engage in first-degree price discrimination.
Price discrimination is a promoting approach that prices clients different charges for the same product or service primarily based on what the seller thinks they could get the client to conform to. In pure charge discrimination, the seller costs every customer the maximum fee they will pay.
There are three types of price discrimination that you may stumble upon: first-degree, second degree and third degree. Those stages sometimes move by way of different names: customized pricing, product versioning or menu pricing, and group pricing, respectively.
Companies benefit from rate discrimination because it may entice purchasers to purchase large portions in their products or it may inspire in any other case bored stiff patron businesses to purchase products or services.
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I believe the answer to your question is democracy I hope this helps
Answer:
68
Explanation:
David is on summer break. He has $15 to spend for the day. He can either spend $12 to go to the movies, or $8 to go to the pool. He really wants to see the new movie coming out, but after buying a ticket he would only have $3 left. That isn’t enough money left over to buy popcorn which is $7. If he goes to the pool he will have enough money to buy a hot dog, drink, and ice cream. After considering both options he decides to go to the pool and wait for the movie to come out on DVD. What is the cost of his decision? 68
Answer:
False
Explanation:
Organizational Development (OD) Intervention strategies are techniques that are used to solve specific problems related to a firm. These OD interventions can be focused on developing organizational culture or improving performance or for implementing a new leadership style. When considering different countries, the local economy, culture and tradition plays an important part in developing OD intervention strategies. Hence, OD intervention strategies that are successful in one country are not very likely to be successful in other countries even when applied appropriately.
Answer:
obey the law
Explanation:
Laws are important for any society as it put forth a structure and rules for the resolution of disputes between individuals and institutions of the society. Laws design a platform in which people can bring their issues before an unbiased institution for example courts. But the rule of law can only sustain when people believe in them. If they believe in the system they would uphold it by following it.