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3 years ago

What is price discrimination and how do movie theaters and restaurants practice price discrimination?

1 answer:

7 0

Price discrimination is the action of selling the same product at different prices to different buyers, in order to maximize sales and profits. Movie theaters practice it by giving discounts on certain night. Example: senior citizens discount. Restaurants practice price discrimination by menu pricing.

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Global market channels involve a firm producing goods in:______

topjm [15]

Answer:

A. Their home country and exporting them to other countries.

Explanation:

A global market channel generally explains the production of commodities by a certain or group of firms and goods by a home country and exporting them to other countries. This is seen generally in the production of phones, laptops, tv brands refrigerators and a whole lot of products amongst tier 1 or tier 2 countries and are been shipped to lowest their countries and other tier countries. This is seen to boost the economy and international trade friendship of either countries though the country at the recieving end is loosing per capital but at the end, we need each other to grow and live.

3 0

3 years ago

Surreal Corp. has borrowed to invest in a project. The loan calls for a payment of $17,500 every month for three years. The lend

Marianna [84]

Answer:

The rate at which to discount the payments to find sum borrowed is 12.68%

Explanation:

The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:

Effective annual rate = (1 + Quoted interest rate/m)^m - 1

quoted interest rate is 8.40

m is the number of months in a year when compounding is done which is 12

effective annual rate=(1+8.40%/12)^12-1

effective annual rate=(1+0.01)^12-1

effective annual rate=(1.01)^12-1

effective annual rate=1.12682503 -1

effective annual rate=0.12682503=12.68%

7 0

3 years ago

perations management is part of a production system that can be described in the following manner: Organization: inputs→processe

Tomtit [17]

Answer:furniture manufacturer: wood→sanding→chair---C

Explanation:

Operations management is the part of a production system that administers best business practices to create the highest net operating profit within an organization. It involves the management of converting raw materials and labor into finished goods and services by passing through efficient processes so as to maximize profit of an organization.

In Operations management, efficient productivity , coordination and formulation of new improved process is important because to maximize profit requires constant innovation to reevaluate current practices. An operations management is involved in inputs, process and outputs as can be seen illustrated below.

furniture manufacturer: wood→sanding→chair

5 0

2 years ago

Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur

romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0

2 years ago

Wanda is the chief executive officer of pink corporation, a publicly traded, calendar year c corporation. for the current year,

tia_tia [17]

Wanda's compensation that is deductible by Pink Corporation is equal to $1,250,000.

<h3>What is a corporation?</h3>

A corporation can be defined as a corporate organization that has facilities and owns assets that're used for the production of goods and services in at least one country, other than its headquarter which is located in its home country.

<h3>What is taxation?</h3>

Taxation can be defined as the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

Mathematically, Wanda's compensation that is deductible by Pink Corporation is given by:

Wanda's compensation = cash compensation × deductible percentage

Wanda's compensation = $2,500,000 × 50%

Wanda's compensation = $1,250,000.

Read more on compensation here: brainly.com/question/15293348

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Complete Question:

Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year C corporation. For the current year, Wanda's compensation package consists of:

Cash compensation $2,500,000

Nontaxable fringe benefits 250,000

Taxable fringe benefits 150,000

Bonus tied to company performance 2,000,000

How much of Wanda's compensation is deductible by Pink Corporation?

5 0

1 year ago

What is price discrimination and how do movie theaters and restaurants practice price discrimination?​

What is price discrimination and how do movie theaters and restaurants practice price discrimination?