1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pantera1 [17]
3 years ago
5

A chocolatier produces truffles and sells each 1 pound box of truffles for $20. However, the chocolatier knows that some consume

rs would be willing to pay more than the cost of the chocolate, but less than $20 per pound, and wishes to sell truffles to these consumers as well. Which of the following price discrimination methods relies on the chocolatier knowing which types of consumers are likely to have a lower willingness to pay?
1) Offering one free box of truffles to anyone who purchases two boxes
2) Selling misshaped truffles in bulk at a price of $12 per pound
3) Offering a discount to students and seniors
4) Offering a 20% off sale on a single type of truffle each week
Business
1 answer:
Alexus [3.1K]3 years ago
4 0

Answer:<em><u> Offering a discount to students and seniors</u></em> will allow the chocolatier to know which types of consumers are likely to have a lower willingness to pay.

Here the price discrimination should be in respect with the demography i.e. allow the chocolatier to sell truffles to the consumer based on their age groups.

<u><em>The correct option is (3).</em></u>

You might be interested in
Icarus Aviation, Athena Instrumentation, and Hercules Miniaturization are strategic business units of Olympia Industries. One ca
Tpy6a [65]

Answer:

A) compete with one another in Olympia's internal capital markets.

B) are network member firms while Olympia is the strategic center firm.

C) are not necessarily related to one another in terms of products or markets.

Explanation:

A) An internal capital market refers to the way a corporation assigns capital resources to its different business units or subsidiaries in order to maximize its profits. The headquarter will always allocate more resources to its most profitable business units. Therefore, all the business units within a corporation compete against each other in order to get the most resources assigned to them.

B) When a corporation has different business units that are not necessarily working together but all must follow the same business strategy, the headquarters (Olympia Industries) acts as the strategic center and decides what strategies the whole corporation will follow. While the different business units act as network partners that operate separately but under the umbrella and guidance of the strategic center and its corporate strategy.

C) The fact that they all are part of a bigger corporation doesn't mean that they produce similar goods or services, or that they even compete in the same markets. For example, Amazon's profits proceed mostly from its cloud service unit AWS (B2B) and not the retail unit (B2C).

D) If the different business units don't work together, then it is probable that they don't share the same core competencies.

6 0
3 years ago
Earnings per share (EPS)
Marta_Voda [28]

Answer:

The correct answer is letter "D": Is useful in comparing earnings performance for the same company over time.

Explanation:

Earnings Per Share or EPS is a measure of the income of one given company. EPS is determined by subtracting dividends from the company's profit and dividing the amount by the number of outstanding shares. Higher EPS are convenient for institutions since it implies the revenue is being higher which is likely to attract more investors.

8 0
3 years ago
Choose the answer that best defines the marginal propensity to save (MPS). The share of all income earned that is devoted to sav
defon

Answer:

The share of each additional dollar of income earned that is devoted to saving rather than consumption.

Explanation:

The marginal propensity to save is defined as the fraction of increased income that is reserved for saving and not consumption, and it is the slope of the graph of income against savings.

For example if an individual earns an extra dollar and he has propensity to save of 0.5 that means out of the one dollar he will save 50 cents and spend the remaining 50 cents.

4 0
3 years ago
Google has written down the following: "to organize the world's information and make it universally accessible and useful." This
qaws [65]

Answer:

<h2>Mission Statement</h2>

Explanation:

A brief description of a company's purpose is called mission statement, it tells about the company's purpose for the public and employees. It varies from company to company as because every company describes it differently.

A mission statement is important as it serves as a base line for everyone in the organisation. It serves as the basis for effective business planning. Mission statements are used in  marketing as they are a company's public face. Companies also include them on their websites.  A good mission statement can inspire, surprise and transform your business

7 0
3 years ago
Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent. Oscar pays hi
AfilCa [17]

Answer:

The Oscar's fixed costs per month is $2,500

Explanation:

Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.

In the given question,

Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost

The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.

And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.

Hence, Oscar's fixed costs per month is $2,500

6 0
3 years ago
Other questions:
  • Which line contained in the drainage divide folder best represents a drainage divide?
    9·1 answer
  • Wallace and Simpson formed a partnership with Wallace contributing $60,000 and Simpson contributing $40,000. Their partnership a
    5·1 answer
  • What is a business?
    5·1 answer
  • Making a down payment will _____. Select the best answer from the choices provided. A. decrease the interest rate on a loan B. i
    11·1 answer
  • Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed
    5·1 answer
  • Condensed financial data of Saffordville Company are shown below.
    13·2 answers
  • Ridge, Inc. follows IFRS for its external financial reporting, and Cannon Company follows GAAP for its external financial report
    12·1 answer
  • 6) Differences in create international trade
    15·1 answer
  • Ginocera Inc. is a designer, manufacturer, and distributor of low­cost, high­quality stain­ less steel kitchen knives. A new kit
    5·1 answer
  • Which is the most effective way to discover customers' needs? multiple choice question. regulatory oversight marketing research
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!