Finding everyone's willingness to pay is costly and difficult is one major hurdle monopolies face to engage in first-degree price discrimination.
Price discrimination is a promoting approach that prices clients different charges for the same product or service primarily based on what the seller thinks they could get the client to conform to. In pure charge discrimination, the seller costs every customer the maximum fee they will pay.
There are three types of price discrimination that you may stumble upon: first-degree, second degree and third degree. Those stages sometimes move by way of different names: customized pricing, product versioning or menu pricing, and group pricing, respectively.
Companies benefit from rate discrimination because it may entice purchasers to purchase large portions in their products or it may inspire in any other case bored stiff patron businesses to purchase products or services.
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Answer:
the philosophy of Confucius is historically underdetermined, and it is possible to trace multiple sets of coherent doctrines back to the early period, each grounded in different sets of classical sources and schools of interpretation linked to his name. After introducing key texts and interpreters, then, this entry explores three principal interconnected areas of concern: a psychology of ritual that describes how ideal social forms regulate individuals, an ethics rooted in the cultivation of a set of personal virtues, and a theory of society and politics based on normative views of the family and the state.
Explanation:
Answer:
Referendum: This is a direct vote in which an entire electorate is asked to either accept or reject a particular proposal, issue or question. A referendum may result in the adoption of a new constitution, a constitutional amendment, a law, the recall of an elected official or a specific government policy. It could be simply be where voters decide on what time pubs shut, how long shops stay open etc.
Genersl:This is a formal decision making process by which members of the population (voters) elect a representative. This could be for numerous things, we are familiar with government and political parties but it also applies to other areas. We use elections in our unions, governing bodies whether they are in education or the NHS, business organisations, clubs, voluntary associations and corporations too. Elections ensure positions are voted in and filled with law-makers, decision-makers and governance.
Correct me if im wrong.
When civil war took place between Eritrea and Ethiopia many people traveled to Sudan and put up camps.
Explanation:
Many refugees settled in Sudan as the civil war between Ethiopia and Eritrea for a prolonged period of time. These camps in Sudan had very harsh environment as well as there was scarcity of clean water and medicines.
Not only the civil war was the main reason why people migrated to Sudan as refugees but there were several other reasons they were violence took place between the population based on political as well as ethical lines, subsequent famine and lastly due to drought.
There’s no picture to see, lol