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Alinara [238K]
3 years ago
14

You are sitting next to a person in business class on a flight from Los Angeles to Sydney, Australia. You mention to that person

that you got your ticket two months ago for only $12,500. The person responds that she bought her ticket two days ago for $7,800. This sometimes happens because airlines often use an approach called:
Business
1 answer:
ser-zykov [4K]3 years ago
4 0

Answer:

price discrimination (third degree price discrimination)

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

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Online Gourmet is an online business that provides customers with recipes and all the ingredients needed to prepare a meal. This
Alja [10]

Answer:The answer is Deep customer knowledge

Explanation:

Deep customer knowledge is a kind of research done by a business in order to know the need of their customers and how the business can help in meeting such need.it is a process of engaging with their customers with a view to know their need so as to ensure that the overall objectives of the business is accomplished. Deep customer knowledge enables a business to build a strong relationships with their customers. The use of deep customer knowledge includes the use of customers service officer to explain to their customers the use of their products or services in order to ensure that they are able to satisfy their customers and improve the sales of the business.

4 0
3 years ago
Sony introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's
iris [78.8K]

Answer: $651,000

Explanation:

From the above question, Apple's iPod carries a two-year warranty against manufacturer's defects.

warranty costs are expected to be approximately 3% of sales.

Total sales are $30.7 million, and actual warranty expenditures are $270,000.

Total warranty cost = $30.7 million x 3% = $921,000

During the 1st year only $270,000 of warranty expenses was made.

Therefore the company will carry as liability at the end of the year a total of $921,000 - $270,000 = $651,000

3 0
3 years ago
At the beginning of 2018, England Dresses has an inventory of $140,000. However, management wants to reduce the amount of invent
Bad White [126]

Answer:

purchases = 160000

Explanation:

given data

beginning inventory = $140,000

amount of inventory on hand = $80,000

net sales = $400,000

gross profit rate = 40%

solution

we first Computation of cost of goods sold  hat is

Gross profit rate = \frac{gross profit}{net sales} × 100

= \frac{gross profit}{400000} = = \frac{40}{100}

= 100 Gross profit = 16000000

so

Gross profit = 160000

and

Cost of goods sold is = sales - gross profit

so

Cost of goods sold = 400000 - 160000

Cost of goods sold = 240000

and

Cost of goods sold = opening inventory + purchases - closing inventory  

so put here value

240000 = 140000 + purchases - 60000

so purchases = 160000

7 0
3 years ago
What happens if you lose the money you invested in your stock?
saveliy_v [14]
If that happen, other investors that bet for the opposite cause of your investment would be the one that gained that money, and you will still able to keep that stocks to collect dividend as long as you don't sell it.
(this circumtances won't happen if the reason you lost the money is the firm going into bankruptcy)
7 0
3 years ago
Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others.
hammer [34]

The  two career pathways that imogene is best suited for is: National Security and Governance.

<h3>What is National Security and Governance?</h3>

National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose  National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.

Therefore The  two career pathways that imogene is best suited for is: National Security and Governance.

Learn more about National Security and Governance here:brainly.com/question/25375059

#SPJ1

8 0
1 year ago
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