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4 years ago

Complete the following table by indicating whether or not each scenario is an example of price discrimination.

Business

1 answer:

aleksandrvk [35]4 years ago

4 0

Answer:

The correct answer is (1)b No and (2) a Yes

Explanation:

Solution

(1) No price discrimination.this is because,the different price for different quantities is not been charged by the shop.

(2) Yes, since the price of one pair of shoes is the normal price, for the customer to buy more than one, he/she will receive a discount due to the market price sale from commercials and other form of advertising.

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For the U.S. economy, money holdings are a

swat32

Answer:

C) small part of household wealth, and so the interest-rate effect is small.

Explanation:

During 2011 the per capita holdings of US dollars amount to only $2950, compared to the GDP per capita of $49,794 it is not a significant amount. Some government agencies estimate that nearly 2/3 of all $100 bills are held in foreign countries.

The decrease in money holdings can be attributed to an increase in the use of banking services, especially an increase in the use of debit cards, but also credit cards and checks.

6 0

3 years ago

g According to a recent report from LegalZoom, 35% of new business last year were started by women (65% were started by men). Of

Ilia_Sergeevich [38]

Answer:

the probability that it was started by a man is 69%

Explanation:

65% companies were started by men

24% of 65% had revenues above $100,000

24% x 65% = 15.6% of the total number of companies started last year had revenues of more than $100,000 and were started by men.

35% companies were started by women

20% of 35% had revenue above $100,000

20% x 35% = 7% of the total number of companies started last year had revenues of more than 100% and were started by women.

total percentage of companies that had revenues above $100,000 = 7% + 15.6% = 22.6%

15.6/22.6 = 69% started by men

7/22.6 = 31% started by women

3 0

3 years ago

Just wanted to let yall know that there are bot accounts or something that keep trying to bring you to another website. They all

hodyreva [135]

good to know they have been trying to do that to me too I was so confused

8 0

3 years ago

Read 2 more answers

Ana has won a lottery. she was offered two options to receive the award: she can either take it in five installments of $60,000

ANTONII [103]

She should choose to<span> take a lump-sum of $271,000 now. This is the best option since the other option would have a present value less than $271,000. If you use the present value annuity calculator, you can get the present value of the installment option to be </span>$259,768.60. Therefore, the the lump – sum payment option is the most appropriate.<span> </span>

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3 years ago

Suppose the price of apples goes up from $22 to $24 a box. In direct response, Goldsboro Farms supplies 1300 boxes of apples ins

tamaranim1 [39]

Answer:

Elasticity of supply=3.3>1, there for the supply is elastic

Explanation:

Elasticity of supply can be defined as a ratio that can be used to test the sensitivity of supply due to a change in price.

The formula can be expressed as;

Elasticity of supply=Percentage change in quantity supplied/Percentage change in price

where;

Percentage change in quantity supplied=((Final quantity supplied-Initial quantity supply)/(Initial quantity supplied))×100

Final quantity supplied=1,300 boxes

Initial quantity supplied=1,000 boxes

Percentage change in quantity supplied=(1,300-1,000)/1,000=300/1,000

Percentage change in quantity supplied=(0.3×100)=30%

Percentage change in price=((Final price-Initial price)/(Initial price))×100

Final price=$24

Initial price=$22

Percentage change in price=(24-22)/22=2/22

Percentage change in price=(1/11)×100=9.1%

With all the values calculated, the elasticity of supply can be calculated as follows;

Elasticity of supply=30%/9.1%=3.3

Elasticity of supply=3.3>1, there for the supply is elastic

7 0

3 years ago