Answer:
The correct answer is option c.
Explanation:
Providing a free sample of cigarettes is a strategy adopted to ensure that the demand becomes less elastic in the future. As nicotine in cigarettes is addicted, providing free sample to people will make them addicted to cigarettes. When people get addicted they will consume despite an increase in price. This makes demand less elastic. Less elastic demand means more profit for businesses.
Answer:
The answer is E.
Explanation:
Total payment from customers is:
$537,400 + $737,500
= $1,274,900
Weighted average delay from customer A is:
($537,400/$1,274,900) x 3
=1.26 days
Weighted average delay from customer B is:
($737,500/$1,274,900) x 1
=0.58 day
Therefore, total weighted average delay is:
1.26 days + 0.58 day
=1.84days
The statement that the actions of the German Bromine cartel in selling bromine at half price in the United States, is predatory pricing, is True.
<h3>What is predatory pricing ?</h3>
Predatory pricing refers to an action by a company or cartel when they reduce the prices that they sell their goods so that they can be able to drive their competition from the market because people will stop buying from the competition.
The fact that the German Bromine cartel sold bromine at half price so that Dow Chemicals could make a loss or not make a profit, is therefore predatory pricing as it was an attempt to damage the competition.
Options for this question include:
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It must gain 1.375 pounds more before it can leave.
