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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

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Ruby, a seventeen-year-old, purchases a car from Smitz Used Auto Sales and agrees to pay for it over a period of twenty-four mon
Illusion [34]

Answer:

Ruby

Explanation:

Because she is a minor, but Ruby must return the car.

7 0
2 years ago
A company paid $517,000 to purchase equipment and $16,700 to have the equipment delivered to and installed in the company's prod
Maslowich

Answer:

Using the units-of-production method, the amount of depreciation expense would the company report in the income statement prepared for the year-ended October 31, 2018 = $ 228899

Explanation:

Given

Acquisition Cost of Equipment = $ 517,000+ $ 16700= $ 533,700

Total units of production= 29,700 hours

Residual Value = $ 6700

Units of Production= 12,900 hours

Formula:

Depreciation per unit= (Cost -Salvage value) / Total units of production* Units of Production

Depreciation per unit= ($ 533,700 - 6700/ 29700)*12900

Depreciation per unit=($ 52,7000 / 29700)*12900

Depreciation per unit=( 17.744)*12900

Depreciation per unit= 228898.98= $ 228899

As units of production are given we do not need to calculate it for half year. The depreciation is calculated for units of production.

5 0
3 years ago
3. What are the similarities and differences between balancing a city budget and balancing a personal budget?
qaws [65]
<span>Similarities of balancing a city budget and balancing a personal budget is that you are both budgeting it and planning for certain expenses that you need to pay.
Differences between balancing a city budget and balancing a personal budget is that city budget is quite big amount while personal budget is just small. City budget involves many people.</span>
8 0
3 years ago
Cleaning products applied particularly to instruments and equipment to reduce or eliminate infectious organisms are called _____
arlik [135]
Products known as disinfectant
4 0
3 years ago
Ford conducted research that gave them insights into characteristics of Gen Z. Although Ford finds the information important, th
weqwewe [10]

Answer:

The answer is basic research.

Explanation:

The research and development department conducted managed to answer the research question which was conceptualized in the beginning of research, as implied in the question. However, no further research was conducted for the purpose of designing a product that can be sold to the Gen Z market segment, based on the findings from the previous ones. Thus, we can conclude that the intention of the research was just to discover previously unknown information about Gen Z’s characteristics, which meant the conducted research was only a basic research.  

7 0
2 years ago
Read 2 more answers
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