1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BabaBlast [244]
2 years ago
15

If the owner of a concert hall wishes to use third-degree price discrimination to price its tickets at $20, $15, and $10, it sho

uld price tickets lower for customers who
Business
1 answer:
Anika [276]2 years ago
3 0

Answer: more elastic in their demand for tickets

Explanation:

Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.

Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.

Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.

You might be interested in
W+w+w
Step2247 [10]

Answer:

3w

4n-3

10.641

Explanation:

3w

n+3n-3, 4n-3 (distribute your 3 through the paranthasis)

4.871+7.4= 12.271

12.271-1.63= 10.641

I'm lost on your last three,

what are the periods for, and is the third to last one a comma or decimal

3 0
3 years ago
At December 31, 2012 and 2013, Plank Corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,0
zalisa [80]

Answer:

Preference shareholders = $36,000

Equity shareholders = $9,000

Explanation:

As provided the outstanding preference dividend at end of 2012 = $12,000

Total cash dividends declared = $45,000 in the year 2013

Regular preference dividends = $100 \times 3,000 \times 8% = $24,000

Thus, when dividends will be paid in 2013 then firstly they will be used for payment to preference shareholders.

Thus, the company shall pay:

$12,000 + $24,000 = $36,000 to preference shareholders.

Further the balance will be paid to equity shareholders.

= $45,000 - $36,000 = $9,000

3 0
3 years ago
A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provi
lapo4ka [179]

Answer:

B

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

1) Basic industries are those exporting from the region and bringing wealth from outside.

2)Nonbasic industries support basic industries.

The basic industries of a region are identified by comparing employment in the region to national norms.

7 0
2 years ago
Read 2 more answers
The cookie company in the mall hires only labor to produce cookies. The workers are paid $80 per day, and the cost of renting th
ivanzaharov [21]

Answer: C. $250

Explanation: fixed cost are cost which do not change even when other factors Change. Example of fixed cost is ‘rent’ even if the employees increase up to a 100 this variable won't affect the cost of rent which is $250. Unlike salary that increases with an increase in workers.

Labour cost per day of hiring two workers = $80 x 2 = $160

Total cost per day when three

workers are hires. This includes both the fixed cost and labour cost

Total Cost = fixed cost + labor cost

= $250 + $80 x 3

= $490.

4 0
3 years ago
Watson Foods, Inc. reported the following transactions for September 2019.
natulia [17]

Answer:

(d) $6,000

Explanation:

The computation of the total liabilities is shown below:

Total liabilities = Office equipment purchased - cash paid

                       = $10,000 - $4,000

                       = $6,000

The remaining amount would reflect the note payable which is come under the liabilities accounts which is shown in the balance sheet.

The other information which is given in the question is not related to the liabilities account. Hence, we ignored it.

4 0
3 years ago
Other questions:
  • A client who is a skilled artist and has an Associate’s degree from the local community college, is interested in becoming a med
    12·1 answer
  • Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy. Harnessing wind power
    6·1 answer
  • How many combinations of 6 different 10th grade subjects can tyler choose from the 9 subjects offered?
    9·1 answer
  • Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
    9·2 answers
  • Children in poor neighborhoods often have bleak outlooks on life and see little gain from studying. In a recent experiment, chil
    14·1 answer
  • Paula used to check her voice mail each time she returned to her office after a meeting or break. Now she checks her voice mail
    10·1 answer
  • Swifty Corporation was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurr
    13·1 answer
  • What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) Septe
    15·1 answer
  • What is a karst scenery​
    8·1 answer
  • A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!