Answer: Firms are able to discriminate price when all customers are uninformed about quality differences.
Explanation:
Price discrimination is a price strategy in microeconomics where similar products are sold services at different prices by the same producer in different markets. Price differentiation relies on variation in customers willingness to pay and in their elasticity of demand. Price discrimination usually relies on monopoly power, product uniqueness, market share and sole pricing power.
Examples of the forms of price discrimination are age discounts, coupons, retail incentives, occupational discounts, haggling gender based pricing and financial aid.
Answer:
The answer is D. The central bank announced its intention to take appropriate measures to ensure that inflation stays within control.
Explanation:
The central bank announcing its intention to take appropriate measures to ensure that inflation stays within control may translate into slowing down of economic growth since the central banks usually use contractionary monetary policy to fight inflation which slows down the economic growth. The central bank will raise interest rates to make lending more expensive. which in turn will reduce the amount of money and credit that banks can lend. It lowers the money supply by making loans, credit cards, and mortgages more expensive.
The answer is 120000000000000
Answer:
The proper answer is explained below.
Explanation:
To begin with, the statiscal hypothesis testing is considered to be a method of statistical inference in where the purpose is on the basis of observed data modeled as the realised values taken by a collection of random variables. This method is used by the companies in order to facilitate the decision making process so that the managers have more quality info closer to the hand when it comes to making a hard and important decision.
So to complete the process of testing hypotheses and comparing the results so that the forecasting is better then the managers will have to use this method and other ones and also to use programs and special systems so that the proper contrasting will take place according with the situation and all.
Answer:
'Safety Needs' from 'Basic Needs'
Explanation:
Maslow's hierarchy of needs is a psychological theory, stating the priority ranking in which individuals seek to fulfil their needs.
- Basic Needs : Physiological needs (food, water, shelter) and Safety needs (security , wealth base)
- Psychological Needs : Love, Belongingness needs (good family, friends bonds) and Self Esteem needs (prestige, self accomplishment)
- Self Fulfilment Needs : Self Realisation needs (enhancing growth potential, creative activities)
Elias works as a fire fighter. Although she prioritises protection from safety equipment ; she still bought a 'disability insurance' with income protection. This act highlights towards Elias fulfilling / prioritising her : Safety Needs (Security of body, health, employment, resources, family welfare, property); broadly from 'Basic Needs'.