Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
So, Is Price Discrimination a Bad Thing?
Believe it or not, price discrimination does have benefits. In the end, sellers can sell more goods by using price discrimination than if they sell only at one price. The extra units sold create additional profits for the firm (assuming the goods are sold above the cost of production). In short, sellers can expand the market for their product by offering it at different prices to different consumers.
Buyers also benefit from price discrimination. Those with lower reservation prices would be excluded from buying the good if the rebate were not offered. In this case, some buyers whose reservation price is at least as high as the discounted price-and are willing to jump the hurdle-benefit from price discrimination. Of course, some buyers with high reservation prices might pay more than if the firm had not chosen to price discriminate. If the seller were to pick one price rather than two, the single price would probably be lower than the highest price under price discrimination. In our scenario, instead of price points at $100 and $80, perhaps the single price would have been $95.
Choose one of the following common marketing tactics and discuss how it can be used as a hurdle:
What is the breakeven volume
Explain, in your own words, how an increase in investment spending generates a multiplied effect on GDP. Explain how the accelerator and the multiplier concepts can represent an internal theory of business cycles.
In Westlandia, the public holds 50% of M1 in the form of currency, and the required reserve ratio is 20%. Estimate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table
At its current level of production, a profit-maximizing firm in a competitive market receives $12.50 for each unit it produces and faces an average total cost of $10. At the market price of $12.50 per unit, the firm's marginal cost curve
What is your understanding of integrated view of the organization and its relations with suppliers and customers? If an organization wants to be competitive, what needs to be done in the system integration aspect?
Where does cross-price elasticity information is more important.
Illustrtae what are the total fixed costs - total variable costs, and total cost of the lab given its current capacity.
Discuss the following statement from the standpoints of equality and efficiency: "When workers are laid off, they should be able to collect unemployment benefits until they find a new job."
Explain how might Peterson draw on the insights of new growth theory to draft a position statement ruling out unhindered immigration but proposing greater openness to "targeted immigrants".
Describe the major factors that affect the degree of competitiveness in the semiconductor industry.
A company's total sales in a year were £950,000. The cost price of goods sold was £480,000.
Katya is a freshman with a 3.0 grade point average. She studies diligently, but experiences severe anxiety before tests because she doesn't believe that her efforts will make a difference. It is almost the end of the semester and Katya must do wel..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd