Differential pricing means charging different prices to different buyers for the same quality and quantity of product. For example, many movie theaters offer discounted tickets for seniors
<h3>What is
pricing?</h3>
Pricing is the process by which a company determines the price at which it will sell its products and services, and it may be part of the company's marketing strategy.
Pricing criteria represent customer or deal characteristics. Price administrators define the pricing criteria that will be used to determine their company's pricing strategy. When you define the pricing segments and pricing strategies, you use the values for the pricing criteria.
It is possible to barter. Buyers must decide whether the utility gained from the exchange is worth the loss of purchasing power. In an open market economy, price represents the value of a good/service among potential purchasers and ensures competition among sellers.
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Answer:
Strategic Warfare
Explanation:
The objective behind strategic warfare is to utilize infantry, artillery, naval forces and air defense to give a massive blow to the enemy. It’s about using all these military divisions to complement each other, advance across terrains, weaken enemy defense and surge into their territory.
Its mesmerizing as it is a lethal combination of art and skill. The complexity and resilience of warfare coupled with the use of technology to surprise the enemy, is what amaze me. I turn to documentaries, books, news and even conversations with war veterans.
Recently I am watching a documentary comprising major events of World War 2, on Netflix. I often visit museums to study memoirs and the history behind them. I often talk to my grandparents and their friends who were directly or indirectly involved with war or any other combat.
CBNRM refers to a sys- tem in which decisions regarding resource access and use are vested in a community of identifiable members.
<h3>What is
CBNRM ?</h3>
Community-based natural resource management (CBNRM) is a people-centered approach to integrating natural resource conservation (water, soil, trees, and local biodiversity) and development to combat poverty, hunger, and disease.
CBNRM promotes conservation through the sustainable use of natural resources, provides opportunities for communities to generate income for rural development, and fosters democracy and good governance in local institutions.
Emerging CBNRM initiatives support the principles of participatory democracy and network and link building among various constituency groups, interdisciplinary groups, levels of government, and economic sectors.
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"Without engaging in international trade, Freedonia and Lamponia would have been able to consume at the after-trade consumption bundles" is FALSE.
<u>Option:</u> B
<u>Explanation:</u>
Specialization refers to countries' propensity to focus in certain items they exchange for other commodities, rather than to manufacture all the consumer goods on their own. As the PPF production possibilities frontier displays that production is impractical, Freedonia and Lamponia had to engage in international trade.
Both countries are able to consume the goods they produce.When a country is skilled in manufacturing a good, it can manufacture this good at a lower cost of opportunity than its trading nation. For this comparative advantage, both countries benefit from competing and trading with one another.
I think it’s an Individualist society
Finland, with a score of 63 is an Individualist society. This means there is a high preference for a loosely-knit social framework in which individuals are expected to take care of themselves and their immediate families only.
