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tekilochka [14]
3 years ago
11

A local pizza parlor located on campus offers a student rate for its pizza lunch special. This is a form of __________. a. preda

tory pricing and is legal. b. predatory pricing and is illegal. c. bait-and-switch pricing and is legal. d. price discrimination and is illegal. e. price discrimination and is legal.
Business
2 answers:
Blababa [14]3 years ago
7 0

Answer:

E. Price discrimination and is legal

Explanation:

Price discrimination is a situation whereby an organization decides to sell its commodity at different prices to different customers. Here, the pizza parlour offers student rate for students that's different from the rate offered to other customers that are not students. It is the sales of a particular type of product to different buyers or consumers at different prices. It is legal. It only becomes otherwise (illegal) if it is done on the basis of racial discrimination, religious discrimination and so on.

AlladinOne [14]3 years ago
6 0

Answer:

The correct answer is e. price discrimination and is legal.

Explanation:

Price discrimination, also known as price differentiation, occurs in situations where a company sells the same product at different prices, either to the same consumer or to different ones. The study of this strategy occurs naturally in cases of monopolies because they seek to sell additional units to consumers without reducing the price of units that have already been sold in a way that allows them to maximize their profits. There are examples of price discrimination in transport and storage companies. To optimize price discrimination, companies will have to control and prevent resale, and they will also have to differentiate consumers depending on their willingness to pay. Although preventing resale is often not complicated, differentiating consumers is a more complex and expensive process.

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DIFFERENCE BETWEEN EQUITY SHARES AND PREFERENCE SHARES FOR 3 MARKS
Dafna1 [17]

Answer:

Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company. On the other hand, Preference Shares are the shares that do not carry voting rights in the company as well as the amount of dividend is also fixed.

go to key differences for more information

Explanation:

8 0
2 years ago
All of the following statements are true of the soup industry EXCEPT: Select one: a. There is high growth in "convenience" soup
Nookie1986 [14]

Answer:

the false statement and the correct answer is c. There is little innovation in the category.

Explanation:

As one of the highest growing sectors in fast moving consumer products sector, there is alot of innovation in the soup industry. specialy, the ready-made soup are now increasing.

moreover, in terms of flavors, tastes and the convenience, there is alot of innovations going on. to make it faster to make and takes less time to prepare the soup.

Also, the packaging and marketing strategies and innovations are changing as well.

8 0
3 years ago
JPL Company has two segments - Retail and Commercial. The Retail segment has a contribution margin ratio of 40% and traceable fi
kakasveta [241]

Answer:

The break-even point in dollar sales for the Retail segment equals to $175,000

Explanation:

Break-even point is the point of sales where the business incur no profit and no loss. Business fulfills all the variable and fixed cost requirements at this point.

Retail segment

Contribution margin ratio = 40%

Fixed Expense = $70,000

Break even sales revenue = Fixed cost / Contribution margin ratio

Break even sales revenue = $70,000 / 40%

Break even sales revenue = $175,000

7 0
3 years ago
A factory machine was purchased for $216000 on January 1, 2022. It was estimated that it would have a $40000 salvage value at th
Gelneren [198K]

Answer:

b. $17600

Explanation:

The computation of the amount of depreciation expense for the year 2022 is shown below:

But before that first we have to find out the per hour rate which is

Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)  

= ($216,000 - $40,000) ÷ (55,000 hours)

= ($176,000) ÷ (55,000 hours)  

= $3.2 per hour

Now for the 2022 year, it would be  

= Machine runs in 2022 year × depreciation per hour

= 5,500 hours × $3.2

= $17,600

5 0
3 years ago
Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking
ivolga24 [154]

Answer:

The money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

Explanation:

The computation of the money multiplier and the money supply is shown below:

As we know that

Money multiplier is

= 1 ÷ required reserve ratio

= 1 ÷ 0.10

= 10

So, the money supply is

= Total Reserves × Money Multiplier

= $100 billion × 10

= $1,000 billion

hence, the money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

5 0
3 years ago
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