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xxMikexx [17]
3 years ago
9

A top performing used car salesman is able to sell his cars to each customer at their maximum willing to pay, a practice known a

s:____.
A. pricing market to market.
B. perfect price discrimination.
C. insightful pricing.
D. price tying.
Business
1 answer:
ira [324]3 years ago
6 0
Answer: B. Perfect price discrimination
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In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be
RUDIKE [14]

Answer:

Option (B) is correct.

Explanation:

Unit of account:

There are some functions of money or we can say that characterstics of money:

(a) Medium of exchange

(b) Store of value

(c) Unit of account

(d) Standard of deferred payments

Sea shells are precious items but one cannot properly split divide those sea shells into small denominations like money does. Money is easily storable, people use as a medium of exchange and unit of account.

By unit of account we mean that we can easily measure the value of goods and service and many things in monetary terms but we cannot measure in terms of sea shells.

That's why sea shells unfit to act as money today.

8 0
3 years ago
Price serves the function of _____ for goods, services, and financial resources.
Blababa [14]
Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.
7 0
3 years ago
Consulte cinco ejemplos de género dramático​
GrogVix [38]
Octavia Autor: Séneca.

El rey Lear Autor: William Shakespeare.

Hamlet Autor: William Shakespeare.

Edipo rey Autor: Sófocles.

El castillo sin venganza Autor: Lope de Vega.
6 0
3 years ago
What is the difference between patronizing your favorite store and patronizing your little brother?
Ugo [173]
Patronizing a store means helping it buy going there often, and basically buying things often and consequently giving it money.. 

Patronizing a little brother means behaving condescendingly towards, a kind of master-slave relationship... One should never do that... 


3 0
3 years ago
Read 2 more answers
If a company is eliminating certain models of a product and cutting back on expenditures, the product is most likely in the ____
Airida [17]
I would have to say decline
4 0
3 years ago
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