It can be inferred that charging a customer different prices per unit depending on the number of units is called price discrimination.
<h3>What is price discrimination?</h3>
Price discrimination is a sales strategy in which customers are charged different prices for the same product or service based on what the seller thinks they can get the customer to accept. In pure price discrimination.
The seller charges each customer the maximum price he will pay. In the most common forms of price discrimination, the salesperson divides customers into groups based on certain attributes and charges each group a different price.
<h3>more insight on price discrimination</h3>
Price discrimination is practiced based on the seller's belief that customers of certain groups may be asked to pay more or less based on certain demographics or how they value the product or service in question.
Price discrimination is most useful when the gain from separating markets is greater than the gain from keeping markets together. The effectiveness of price discrimination and the length of time that different groups are willing to pay different prices for the same product depends on the relative elasticity of demand in the submarkets
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Answer:
the wheat firm is perfectly competitive
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
he is a price taker and the price of his wheat which would be equal to equilibrium price would be determined by market forces
if he sells at the market price, he would sell all his wheat
Explanation:
If the uncle sells above equilibrium price, he would not sell any wheat
he cannot sell below equilibrium price because he would make losses
Answer:
Fill in the blanks to make the following statements true. Also named the property used.
a. (-5) + (-4) = ___ + (-5),
b. 4 + __ = 4,
c. - 53 + ___ = - 53,
d. 4 + [(-5) + (7)] = [4 + (7)] + ___,
e. 25 + [(-50) + 5 ] = (25 + 5) + ___,
f. (-4) + ___ = -4,
g. 4 + (-4) = ___,
h. 5 + ___ = 0 ,
Explanation:
Fill in the blanks to make the following statements true. Also named the property used.
a. (-5) + (-4) = ___ + (-5),
b. 4 + __ = 4,
c. - 53 + ___ = - 53,
d. 4 + [(-5) + (7)] = [4 + (7)] + ___,
e. 25 + [(-50) + 5 ] = (25 + 5) + ___,
f. (-4) + ___ = -4,
g. 4 + (-4) = ___,
h. 5 + ___ = 0 ,
Answer:
Operating Leasing
Explanation:
Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),
The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.
<h3>What are financial constrain?</h3>
This is known to be when a person or firm lacks money to run their basic activities.
Note that Fiverr has eliminate the stress of looking for a job and as such, The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.
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