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3 years ago

When a movie theater charges a lower ticket price for senior citizens and/or students, the movie theater is engaging in_________

Business

1 answer:

MariettaO [177]3 years ago

8 0

Answer:

b) third-degree price discrimination.

Explanation:

The price gouging happens on prices when is carried out by the seller, goods, services or goods to a higher level than what is considered acceptable or fair and potentially considered unethically. This usually occurs after a demand or supply shock. Common examples include price increases for basic needs after hurricanes or other natural disasters.

First-degree discrimination (perfect price discrimination) appears when a business charges the maximum possible price for each unit consumed because prices are diverse among some units. In this case, where a company charges a different price for every good or service sold.

Second-degree price discrimination is the concept in which a company charges a different price when there are demands for different quantities consumed, such as quantity discounts on bulk purchases.

Third-degree price discrimination is the case in which a company charges a different price to different consumer groups. This is the type of most common type of price discrimination. If we see in the question there is given distinctive ticket price offers to senior citizens and/or students. That’s why we should choose third-degree price discrimination.

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oss Music Inc. reported the following selected information at March 31. 2022 Total current assets $262,787 Total assets 439,832

Alexxandr [17]

Answer:

Please see below

Explanation:

a. Current ratio

= Total current assets / Total current liabilities

= $262,787 / $293,625

= 0.89

b. Debt to assets ratio

= Total current liabilities / Total assets

= $293,625 / $439,832

= 0.67

c. Free cash flow

= Net cash provided by operating activities - Dividends - Capital expenditure

= $62,300 - $12,000 - $24,787

= $15,685

5 0

3 years ago

A manufacturer is considering replacing a production machine tool. The new machine would cost $3700, have a life of four years,

aniked [119]

Answer:

The new machine should not be purchased.

Explanation:

initial outlay = -$3,700 + $1,000 = -$2,700

cash flow years 1-4 = $700

discount rae = 8%

Using a financial calculator, the NPV = -$381.51

Since the NPV is negative, the new machine should not be purchased.

7 0

3 years ago

An economy grows at an annual rate of 3%. It will take approximately______years for GDP to double. An economy grows at an annu

Andreyy89

Answer:

24 years

7 years

Explanation:

Using the rule of 72, the number of years it would take GDP to double = 72 / annual rate

1. 72 / 3 = 24 years

2. 72 / 10 = 7.2 years

I hope my answer helps you

6 0

3 years ago

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

Alex17521 [72]

Answer:

Real

Explanation:

So, lets go over the basics of the differnt types of intrest rates.

There is nomial and real.

Nomial is the basic rate, which you can just think of as this:

For every 1% of a nomial rate that is 100 dollars, you get 1 dollar.

Real intrest rate is more complex, for it must factor in the inflation to this as well. This can be though of like this:

For every 5% of a real rate that is 100 dollars, if there is a 4% inflation, then you get 1 dollar.

Looking at your two answers, we can instantly say that:

When measuring the return on an investment, the <u>real intrest rate</u> accounts for inflation.

Now, the other question is basically the opposite, asking when measuring the return on an investment the ___ intrest rate does not account for inflation.

Well, we already have seen above that the nomial intrest rate is for more simple, and does not include the inflation.

So the answer to the second box is:

when measuring the return on an investment the <u>nomial intrest rate</u> does not account for inflation.

6 0

3 years ago

Elmo Inc., a global conglomerate, designed the ElBrush, an electric toothbrush. Sensing market demand for the electric toothbrus

Alborosie

Answer:

Target costing

Explanation:

-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.

-Everyday low pricing is when companies offer low prices on their products all the time.

-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.

-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.

-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.

According to this, the answer is that the situation exemplifies target costing.

3 0

3 years ago