Answer:
Option (b) is correct.
Explanation:
There are three types of price discrimination:
(i) First degree price discrimination or Perfect price discrimination
(ii) Second degree price discrimination
(iii) Third degree price discrimination
Perfect price discrimination refers to a situation in which the selling price of the product is equal to the price that a consumer willingness to pay for the product. This is a situation in which there is no consumer surplus.
Consumer surplus = Actual price paid by the consumer - Willingness to pay for the product
Answer:
Which of the following is an ethical issue in marketing information management?
The ethical issue in marketing information management has to do with How to store customers' information securely. This must be done in such a way that customers information are not leaked out in order not to bridge the trust issue entrusted in them by the customer.
Explanation:
Answer:
$300,000
Explanation:
A company is implored to pay punitive damages if it only intentionally discriminated against employees or their federally protected rights.
The punitive charges paid under the Civil Rights Act of 1991 is $50,000 per violation, this covers an employee number of 14 - 100. While companies with over 500 employees are expected to pay $300,000 per violation.
Since Cellant Solar Energy, Inc. is involved in a case of intentional employee discrimination and it has 800 permanent employees working in different departments. The maximum punitive damage that they will have to pay under the Civil Rights Act of 1991 is $300,000.
Price, Supply and Demand. Amonopoly's potential to raise prices indefinitely is its most critical detriment to consumers.
In this case, Costco offers <span>Self-service retailer
</span><span>Self-service retailer not only give the customers more freedom and leisure, will help costco cut down the average wages needed because it need lesser employees so they could allocte it to increase the wages for the necessary employee. </span>Currently, this model is used in almost every supermarket in all over the world.
