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
Nitella [24]
4 years ago
11

In two or three sentences, explain why the following scenario is an example of price discrimination: The airline charges Justin

$200 for a ticket. The airline charges Nathan $300 for a ticket on the same flight.
Business
2 answers:
erik [133]4 years ago
6 0

Price breakdown is one way some companies use to increase their revenues. This is a very common practice in oligopolized markets (where few companies provide the service) as in the case of airlines where companies charge different fees for passengers flying on the same flight. The fees charged depend on computational algorithms, companies seek to map leisure travelers (and tend not to pay high prices) and business travelers (who need to pay a higher price if necessary). The practice of price discrimination is legal and is observed in other niches. Another example might be a freelance lawyer who may charge different price to different clients by providing the same service to both.

bekas [8.4K]4 years ago
5 0
Even though they are on the same airline,Nathan was charged an extra $100.However,we do not know if Nathan got a better seat,say business class instead of coach.
You might be interested in
The amount of money you must pay before your insurance company begins to pay is called the
son4ous [18]
The answer is a deductible
8 0
3 years ago
When faced with needing additional money during college, which option is NOT true?
laiz [17]

Answer:

c

Explanation:

Additional loan incurs more debt doesn't lead to opportunities or connections

3 0
3 years ago
Amy recently opened a business and realizes that she needs assistance with the multiple projects that her business is completing
yan [13]

Answer:

The correct answer is B

Explanation:

Human resources are the one which is used for both the department who is responsible for managing the resources in relation to the employees and the people who work for the company or firm.

It is umbrella, the term which is used to define the development as well as the management of the employees in the business or firm.

So, Amy opened a business, for that she needs assistance with the projects so require to have the human resource management facilitating function, which she is practicing.

8 0
3 years ago
Compton Corporation, with operations throughout the country, will soon allocate corporate overhead to the firm's various respons
elena-14-01-66 [18.8K]

Complete question:

Compton Corporation, with operations throughout the country, will soon allocate corporate overhead to the firm's various responsibility centers. Which of the following is definitely not a cost object in this situation?

A) The maintenance department.  

B) Product no. 675.  

C) Compton Corporation.  

D) The Midwest division.  

E) The telemarketing center.

Answer:

Compton Corporation is definitely not a cost object in this situation

Explanation:

A cost object is a concept commonly used in financial reporting to describe the costs. Definitions commonly found in expense items include: product lines, geographical areas, clients, teams or anything else handling the costs.

Any object to which costs are independently calculated is a cost entity. In an organization, an expense item can be, for example a team, workmanship, production line or procedure.

For example, the costs of construction, customer support or revamping of a returned product may be tracked.

5 0
3 years ago
A stock sells for $10 per share. You purchase 100 shares for $10 a share (i.e., for $1,000), and after a year the price rises to
dalvyx [7]

Answer:

300% returns

150% returns

100% returns

Explanation:

given data

stock sells = $10 per share

purchase = 100 shares

price rises = $17.50

solution

Profit per share is =17.5 - 10 = 7.5

Total profit is = 100 × 7.5 = 750

if here margin requirement is 25%

then here you invest = 100 ×10 × 25% = $250  

Percent of return = Profit ÷  Capital

return % = (750 ÷  250) × 100

and get return = 300%

and

if here margin requirement is 50%

then here you invest = 100 ×10 × 50% = $500  

Percent of return = Profit ÷  Capital

return % = (750 ÷  500) × 100

and get return = 150%

and

if here margin requirement is 75%

then here you invest = 100 ×10 × 75% = $750  

Percent of return = Profit ÷  Capital

return % = (750 ÷  750) × 100

and get return = 100%

7 0
3 years ago
Other questions:
  • The hair, nose, throat, and infected cuts of an average healthy person A. Carry no harmful bacteria. B. May carry Staphylococcus
    12·1 answer
  • Which of these people will be eligible for a tax deduction?
    13·2 answers
  • Why does Brainly desperately need us to get BrainlyPlus?
    5·1 answer
  • You have decided to save 20 percent of your income for the next two years. Assuming you bring home $125 a week, how much will yo
    11·1 answer
  • Suppose an increase in the price of rubber coincides with an advance in the technology of tire production. As a result of these
    15·1 answer
  • Now, suppose that, rather than immediately lending out all excess reserves, banks begin holding some excess reserves due to unce
    12·1 answer
  • What are the two primary ways that media companies collect revenues? Select one: a. Economic and monopolistic practices b. Marke
    14·1 answer
  • What is revolving credit?
    15·1 answer
  • Why is questioning such an important leadership skill?
    6·2 answers
  • Fill in the blank with the correct response.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!