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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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Which of the following statements about business processes is not true?Question 3 options:A) Business processes are a collection
natali 33 [55]

Answer:

E.

Explanation:

The information system is very important in business processes because help managers in efficient decision making to achieve the organizational goals.

An organization will be able to survive and thrive in a highly competitive enviroment on the strength of a well desing information system.

Helps in making right decisions at the right time, or just in time. A good information system may be utilized by managers in unusual situations.

It is viewed as a process, it can be integrated to formulate a strategy of action or operation.

8 0
3 years ago
Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s
olga nikolaevna [1]

Answer:

Purchase decision process

Explanation:

A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.

Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.

As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc

I hope this helps.

5 0
3 years ago
If the price elasticity of supply is 0.5 and the quantity supplied decreases by 6%, then the price must have decreased by 3%. a.
PolarNik [594]

Answer: False

Explanation:

The price elasticity of supply measures the change in quantity supplied when the price changes.

The basic trend is that when price increases, quantity supplied increases as well. The reverse is true.

Price elasticity of supply = %Change in quantity supplied / % change in price

0.5 = -6% / Change in price

0.5 * Change in price = -6%

Change in price = -6% / 0.5

= -12%

The statement above is therefore false because price should have reduced by 12% for quantity supplied to reduce by 6%

3 0
2 years ago
What do you mean by parent and host company?​
Anna11 [10]

Answer:

What is meant by parent company?

A parent company is a single company that has a controlling interest in another company or companies. Parent companies are formed when they spin-off or carve out subsidiaries, or through an acquisition or merger.

Explanation:

What Is a Parent Company?

A parent company is a company that has a controlling interest in another company, giving it control of its operations

8 0
2 years ago
Read 2 more answers
The discount rate assigned to an individual project should be based on: Group of answer choices the firm's weighted average cost
Inessa05 [86]

Answer:

none of the choices are correct

Explanation:

When the discount rate assigned for an individual project then it should be based on the risk i.e attached to the fund use needed by the project

There were various cases when a risky firm invested in a less risky project also if the same cost of capital is used so the firm could alter the decision of an investment in a negative manner

Therefore none of the choices are correct

3 0
3 years ago
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