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antiseptic1488 [7]
3 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]3 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

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Discounting a stream of benefits is defined as
Alona [7]

Answer: D

Explanation:

8 0
3 years ago
Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and
aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0
3 years ago
Brand A automobile tires make less contact with the road than Brand B, lowering friction and allowing them to reduce fuel consum
Degger [83]

Answer:

The money that will be saved using brand A tire compared to brand B is 0.004 x 3 = $0.012

Explanation:

For brand A automobile tire,

200 gallons of fuel is conserved over 50000miles of driving.

In 1mile, the numbers of gallons that will be conserved is: 200/50000 = 0.004gallons.

If a gallon of fuel cost $3.00

Then, the money Brand A save the customer per mile driven, compared to Brand B will be 0.004 x 3 = $0.012

6 0
4 years ago
Over-the-counter medicines are required by law to show the date through which the manufacturer guarantees full potency. Many dis
ankoles [38]

Answer Sell to a jobber

Explanation:

The sales to a jobber will take of the burden of the expiry product away from you at a cost of $50,000.

This is better when compared to the option of selling it upfront which we Incurred a cost of $100,000 .

The worst is delivering to the customers whithin the exipiry period and risking the price of the whole product and negative busines relationship.

8 0
3 years ago
A low home inflation rate relative to other countries would ____ the home country's current account balance, other things being
Musya8 [376]

Answer:

Increase; increase.

Explanation:

Inflation can be defined as the persistent rise in the price of goods and services in an economy.

A low home inflation rate relative to other countries would increase the home country's current account balance, other things being equal. Low growth in the home income level relative to other countries would increase the home country's current account balance, other things being equal. A country's current account balance is a statement of the value of its exports and imports of goods and services at a specific period of time.

<em>Hence, when the level of inflation is low in a particular country; their current account balance would be high. However, when the level of inflation is high it results in low growth and as such increases the home country's current account balance, other things being equal. </em>

7 0
3 years ago
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