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Oksanka [162]
3 years ago
11

An independent gas station sits beside a busy highway. Half of its customers are travelers passing through the area. On a sign i

n front of the gas station two price
tiers are advertised for the same grades of gasoline. Gasoline purchased with cash is 20 cents per gallon less than gasoline purchase with a credit card.
Why would the gas station charge more for purchases made with a credit card?

To offset processing fees charged by credit card companies

To protect credit card users from ID theft

To bring in more customers

To discourage the use of credit cards
Business
2 answers:
SSSSS [86.1K]3 years ago
7 0

<u>Answer:</u>

<u />

It would be "To offset processing fees charged by credit card companies".

<u>Explanation:</u>

It wouldn't make sense to protect credit card users from ID theft, since that is taken care of at the credit card company's level.

This specific discount wouldn't necessarily bring in more customers since half the demographic is probably either cash or credit card anyway.

Lastly, credit card companies due charge fees for the use of credits cards, so a company would use this tactic out of fairness for it's customers and the profit of the business.

lakkis [162]3 years ago
3 0

Answer:

Could be the first and the last, if you are to choose more than one. If only one, I would choose the last one.

Explanation:

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SSSSS [86.1K]

Through promoting intra-industry trade, a country can increase levels of competition and the range of products produced in an industry with only one or two local enterprises producing a good. International trade for goods produced by the same business is known as intra-industry trade.

According to the idea of economies of scale, production costs often decrease as output scale increases. When it makes it possible for one or two large producers to supply the entire country, it becomes particularly important to international trade. A way to maintain consumer choice and competition while combining economies of scale-driven lower average manufacturing costs is through international trade.

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5 0
1 year ago
Sophie's credit card has an APR of 19 percent. What is the periodic rate?
In-s [12.5K]

Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
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3 0
2 years ago
In the past, how have you handled receiving conflicting instructions from different people at the same time?
Anvisha [2.4K]
By asking questions and demonstration. In this way, you would be able to understand the instructions fully. With the help of demonstration, it will help you understand on what to do while by asking questions, it allows you to understand the whole procedure and its importance.
3 0
2 years ago
A leftward shift in the long-run aggregate supply curve is most likely going to cause which of the following?
denpristay [2]
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5 0
3 years ago
Zeta Corporation is a manufacturer of sports caps, which require soft fabric. The standards for each cap allow 2.00 yards of sof
ad-work [718]

Answer:

Direct material price variance= $2,500 favorable

Explanation:

Giving the following information:

The standards for each cap allow 2.00 yards of soft for $2.00 per yard. During January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps.

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2 - 2.1)*25,000

Direct material price variance= $2,500 favorable

7 0
2 years ago
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