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love history [14]
2 years ago
6

The purpose of charging different prices to different groups of customers is to:.

Business
1 answer:
vredina [299]2 years ago
8 0

The purpose of charging different prices to different groups of customers is to earn maximum profits.

<h3>What is price discrimination?</h3>

Price discrimination is when the same product is sold at different prices to customers in different markets.

<h3>Types of price discrimination</h3>

1. First degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. Second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.

3. Third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students.

To learn more about price discrimination, please check: brainly.com/question/25818680

You might be interested in
Five diversity issues that affect Cambridge Food​
hammer [34]

Answer:

Race

Gender

Language

Inequality

Beliefs

Explanation:

Race: the business should not discriminate employees because of their race/skin color

Gender: equality between all genders in the workplace

Language: train and communicate with all employees with language applicable to all employees

Inequality: treat all employees equally and equal opportunities to all despite their backgrounds

Beliefs: avoid discriminating and disrespecting other people's beliefs

7 0
2 years ago
Assume that Juanita is indifferent between investing in a corporate bond that pays 12.00 percent interest and a stock with no gr
Dennis_Churaev [7]

Answer:

Juanita's marginal tax rate is 42.5%

Explanation:

marginal tax rate = MTR

After tax yield of dividend paying stock is 8.1% * (1-0.15) = 0.069 = 6.9%

The after tax yield of the bond will be 6.9%

Therefore,

6.9% = 12.0% * (1 - MTR)

6.9% = 12.0% - 12.0% *MTR

6.9% - 12.0% = -12.0% * MTR

-0.051 = -0.12*MTR

MTR = 0.051/0.12 = 0.425

MTR = 42.5%

3 0
3 years ago
San Francisco Corporation uses two materials in the production of its product. The materials, X and Y, have the following standa
levacccp [35]

Answer:

(1) Material usage variance for X: 1,500 (Favorable)

(2) Material usage variance for Y: -19,500 (Adverse)

Explanation:

Material usage variance for X:

Standard Mix for actual Yield:

= (Standard mix of material X ÷ Yield) × Yield actual mix

= (3,500 ÷ 4,000) × 36,000

=  31,500

Material Usage Variance:

= (Standard Mix for actual Yield- Actual Mix) × Standard unit price

= (31,500-30,000) × $1

= 1,500 (Favorable)

Material usage variance for Y:

Standard Mix for actual Yield:

= (Standard mix of material Y ÷ Yield) × Yield actual mix

= (1,500 ÷ 4,000) × 36,000

=  13,500

Material Usage Variance:

= (Standard Mix for actual Yield- Actual Mix) × Standard unit price

= (13,500 - 20,000) × $3

= -19,500 (Adverse)

Total = (19,500) + 1,500

        = (18,000) [Adverse]

4 0
3 years ago
1) Illustrate how the type of work that he or she does influences a person's lifestyle. For example, contrast a farmer, a factor
steposvetlana [31]

Answer:1)The type of one job influences his lifestyle

2)No

3) value of self services in an economy includes improved customer services,more convenient , reduced overhead cost, customer satisfaction, increase productivity.

Explanation:Type of job tells a lot about people lifestyle,eg a person who spend very long hours at work hardly have adequate rest and social life.

Contrasting between farmers, school teacher and factory worker,the factory workers are semi skilled,teachers skilled and farmer could be non skilled ,the school teacher schedule is always fixed 8am to 4pm for instance so they are more organized,they are mostly in formal attire while a factory worker run shifts and may be see in safety boots and overall and may have little or erratic schedules .the farmer on the other hand has no schedule ,has relaxed routine,wear casuals and not necessarily tidy,does things when willed as most are self employed.

Even in their eating habits,farmers eat more of fresh food,while teachers eat processed foods and factory workers are more likely to eat junks or snacks.

While a school teacher may be seen with books ,a factory worker may be seen with machines and equipment and farmers with tools ,tractors etc

2)An economy can only thrive on goods and services,as both are needed for survival,a service person need commodities like foods,clothes etc to survive while a good traders cannot do without services like transportation,banking etc

3)the value of self service include overhead cost reduction,self service involves customer serving themselves with limited involvement of a third party or vendor e.g payment at pos at gas station, uses of ATM for cash withdrawal etc.

The organization uses less resources like staff,PCs to run self service this fund can be invested in other areas.

Increase customer service occurs as a result of self service , customer can do their trasaction at their pace and convenience.

4 0
2 years ago
Cooper and Brandy are married and file a joint income tax return with two separate Schedule Cs. Cooper is an independent securit
ser-zykov [4K]

Answer:

Special clothing and uniform involves only the clothes that are required by work specifics. General clothing such as jeans or work shirt does not belong to this category. Also, the laundry for general clothing is also not covered.

Calculations :

Cooper's uniforms during the year = $410

Cooper's laundry expenses for the uniforms = $82 + $62 for altering = $144

Brandy's safety glasses and safety shows when working = $80

Therefore, the total deduction is

= $410 + $144 + $80

= $634

8 0
2 years ago
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