How does money make the exchange process easier

Airlines can price discriminate for seats on a plane by determining people's – to pay for different types of seats. although not

KATRIN_1 [288]

<span>Airlines can price discriminate for seats on a plane by determining people's willingness to pay for different types of seats. Although not all customers will pay to check a bag, the airline makes more money because it can divide customers into different groups. Those who do not want to pay to check a bag have low demand and will pack everything in a carry-on. Customers who have high demand for checked luggage will pay to check their bags. Price discrimination refers to a company charging different prices to different people. One's willingness to pay the price they want to charge allows this type of behavior to continue to happen. Based on your seat selection the airline will change the price of the ticket, the most popular seats are often more than the others. </span>

7 0

3 years ago

Yuengling is the oldest brewery in the United States. It was founded in 1827 in a time when small breweries dotted the nation. F

Doss [256]

Answer:

Niche competitive advantage

Explanation:

A niche competitive advantage is gained when a business targets a small segment of the market and effectively serves them.

Forming a niche market leads to less competition as the business is specialised in this field, there is clear focus as a small targeted customer base is to be satisfied, and results in specialised skills or market expertise.

Yuengling only sold in a ten-state area on the Eastern Seaboard for over 170 years, giving them a niche competitive advantage.

7 0

4 years ago

Suppose the demand curve for a product is given by Q=10-2P+Ps1, where P is the price of the product and Ps is the price of a sub

Rudik [331]

Solution:

a. Find quantity demanded when P = $1.00 and $P_{s}$ = $2.00

Q = 10 - 2(1) + 2 = 10

Price elasticity of demand = $\frac{p}{q}$ ΔQ / ΔP = $\frac{1}{10}$ (-2) = $-\frac{2}{10}$ = -0.2

Cross-price elasticity of demand = $\frac{P_{s} }{q}$ ΔQ / Δ $P_{s}$ = $\frac{2}{10}$ (1) = 0.2

b. When P = $2.00

Q = 10 - 2(2) + 2 = 8

Price elasticity of demand = $\frac{p}{q}$ ΔQ / ΔP = $\frac{2}{8}$ (-2) = $-\frac{4}{8}$ = -0.5

Cross-price elasticity of demand = $\frac{P_{s} }{q}$ ΔQ / Δ $P_{s}$ = $\frac{2}{8}$ = 0.25

5 0

3 years ago

Why do you think the Federal government taxes long-term capital gains and qualified dividends at a lower rate than earned

shusha [124]

Answer:

The justification for a lower tax rate on capital gains relative to ordinary income is threefold: it is not indexed for inflation, it is a double tax, and it encourages present consumption over future consumption. ... Future personal consumption, in the form of savings, is taxed, while present consumption is not.

Explanation:

8 0

3 years ago

Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.

REY [17]

Customers that take part in the reservation program are the only ones who can participate in the <u>Ariya Premiere front-wheel drive.</u>

<h3>What is the Ariya reservation program?</h3>

The reservation program is run by Nissan's advertising department. Only customers that take part in the reservation program will be able to participate in the Ariya Premiere, which is available in front-wheel drive.

Therefore, The trim level is available exclusively for customers, is the <u>Ariya Premiere front-wheel drive.</u>

Learn more about the reservation program, refer to:

brainly.com/question/6090835

#SPJ1

7 0

2 years ago