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astra-53 [7]
3 years ago
14

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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Answer:B) Copyright

Explanation:

A copyright is a legal protection that gives the original inventors of a product the exclusive right to manufacture, sell ,use a product for a limited time.

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Patent is a legal right given to an inventor that prevents others from using ,duplicating or selling the invention for a period of time usually twenty years.

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4 years ago
The exponential form of 6×6×6×6 is 6 the base is 4 True or False?​
Maru [420]
False because the base is 6 and the exponent is 4
7 0
3 years ago
In the short run, output: Group of answer choices May be altered by varying the size of plant and equipment which now exist in t
Daniel [21]

Answer: The correct answer is "Can vary as the result of using a fixed amount of plant and equipment more or less intensively".

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5 0
3 years ago
Republic Resorts owns numerous hotels on each of the Hawaiian Islands. The company's performance reporting system is structured
iris [78.8K]

Answer:

The best depiction of the information level given to a department manager versus that reported to a company vice-president is:

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B.  Somewhat detailed         Somewhat summarized

Explanation:

At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions.  At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed.  The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.

7 0
3 years ago
There are 2 methods of accounting for uncollectible receivables: Direct Write-Off and Allowance methods. Describe and compare th
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The direct write off does not report about the bad debt and does not use the allowance where as the allowance method uses the allowance for doubtful accounts because it provides an estimate for the same.

<u>Explanation:</u>

The allowance method speaks to the accumulation and accrual basis of bookkeeping and is the acknowledged technique to record uncollectible records for monetary bookkeeping purposes. The direct write off method is utilized just when we choose a client won't pay.

The allowance method utilizes the stipend for doubtful records to catch amassed assessments of awful obligations. The direct write-off method does not report bad debt estimates; therefore, it does not use the allowance for doubtful accounts when reporting bad debts.

3 0
3 years ago
Read 2 more answers
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