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
antiseptic1488 [7]
2 years ago
13

Which case below best represents a case of price​ discrimination? A. A professional baseball team pays two players with differen

t batting averages different salaries. B. A major airline sells tickets to senior citizens at lower prices than to other passengers. C. An insurance company offers discounts to safe drivers. D. A utility company charges less for electricity used during​ "off-peak" hours, when it does not have to operate its​ less-efficient generating plants.
Business
1 answer:
Sever21 [200]2 years ago
6 0

Answer:

B. A major airline sells tickets to senior citizens at lower prices than to other passengers.

Explanation:

The pricing strategy refers to a strategy where the company charges the different prices for the similar products to the customers

In the case of the pure price discrimination, the seller would charge the price i.e. maximum he or she would have to pay also it is depend upon the specific characteristics and the amount charged to each and every group through a different price

Therefore the option B is correct

You might be interested in
"California Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2021. In preparing its insura
leva [86]
<h3>California Inc Estimated ending inventory is $319,000 </h3>

Explanation:

Goods available for sale = Beginning inventory + Net purchases

  • California Inc Beginning inventory $310,000
  • California Inc Net purchases = $905,000
  • California Inc Goods available for sale = $1,215,000

Gross profit = Net sales *  profit %

  • California Inc Net sales = $1,280,000
  • California Inc gross profit = 30%  
  • California Inc gross profit = $384,000

Estimated cost of goods sold = Net sales - Gross profit

  • California Inc Estimated cost of goods sold = $1,280,000 - $384,000
  • California Inc Estimated cost of goods sold = $896,000

Estimated ending inventory = Goods available for sale - Cost of goods sold

  • California Inc Estimated ending inventory = $1,215,000 - $896,000
  • California Inc Estimated ending inventory = $319,000

California Inc Estimated ending inventory is $319,000

3 0
3 years ago
A cosmetics company is planning the introduction and promotion of a new lipstick line. The marketing research department has fou
Bad White [126]

Answer is in the attachment

6 0
3 years ago
How does geographic influence affect business in Australia
navik [9.2K]

Answer: Geographical influences impact businesses in many ways. Australia is located in the Asia-pacific region, the economical statuses in these surrounding countries are very important in the interest of Australia. If China is doing well, it may be able to trade goods and services with Australia creating an advantage for both countries.

Explanation: Please mark as brainliest!

7 0
2 years ago
As Markel drives buy a local restaurant, he realizes that he hasn’t eaten all day and is famished. He stops at the restaurant, a
DochEvi [55]

Answer:

1. low- involvement decisions may sometimes enable consumers to skip steps in the consumer decision making process.

Explanation:

Consumer decision making process includes all the steps between consumer's generation of needs/wants and final purchase of the product.

The process comprises of below mentioned 5 stages:

  1. Need recognition : whereby a need is generated
  2. Search for information so as to identify products satisfying such needs
  3. Evaluation of all available alternatives i.e assessment of all available products satisfying a need and selecting the best alternative.
  4. Purchases , the stage wherein the consumer buys the selected product.
  5. Post purchase evaluation, i.e the stage when consumer evaluates whether he made the right purchase decision.

In the given case, the consumer realized that he hadn't eaten at all during the day and thus instantly stopped at a restaurant, made a regular purchase of a burger without caring for the menu or set of other available alternatives.

Here, the investment decision related to a meal, being a low cost decision and occurring in a famished state. So consumers while making such low cost decisions may not find going through the menu and spending much time in deciding as worthwhile and in short will likely skip steps in the consumer decision making process.

3 0
3 years ago
Juan transferred 100 percent of his stock in Rosa Company to Azul Corporation in a Type B stock-for-stock exchange. In exchange,
slega [8]

Answer:

b. No gain recognized and a basis in Azul stock of $400,000

Explanation:

Data provided in the question

Transferred percentage = 100%

The fair market value of the stock he received is $1,000,000

And, the tax basis in the Rosa stock is $400,000

So by considering the above information, the $0 gains is recognized and his basis should equal to the tax basis i.e in the rosa stock i.e $400,000

Plus if the stock is sold for $1,000,000 than there would be a gain of $600,000 but in this case there is zero gain recognized

Hence, the option b is correct

7 0
3 years ago
Other questions:
  • Barbara operates a sporting goods store. She uses the cash method and treats inventory as nonincidental supplies. At the beginni
    11·1 answer
  • The odd-lot trading theory advocates that small investorsA) tend to buy high and sell low.B) react in a manner which generally f
    5·1 answer
  • Kartman Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standar
    6·1 answer
  • Walton Company paid $94,000 to purchase a machine on January 1, 2017. During 2019, a technological breakthrough resulted in the
    6·1 answer
  • 3. Claudia Aceves borrowed $845,000 from U.S. Bank to buy a home. Less than two years into the loan, she could no longer afford
    8·1 answer
  • On January 1, 2017, Hannigan Company issued bonds with a face value of $600,000. The bonds carry a stated interest of 7% payable
    10·1 answer
  • State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but ca
    9·1 answer
  • After researching products similar to yours in the industry, you decide that your product has superior value. As such, you decid
    5·1 answer
  • Osage Corporation issued 3,350 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit acco
    13·1 answer
  • Choose the answer that correctly identifies the conflict management styles represented by each version. a. 1- non-confrontationa
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!