Explain pricing strategy-is price discrimination involved

Assignment Help Business Economics
Reference no: EM131161312

For each of the following schemes, explain the pricing strategy. Is price discrimination involved? If so, how? What does the firm hope to achieve and how does the strategy help achieve it?

A. Many magazines offer multi-year subscriptions at a lower rate than one-year subscriptions.

B. Some firms offer coupons which give a discount on price.

C. Some firms offer loyalty programs (e.g. frequent flyer plans, reward points, etc.).

Reference no: EM131161312

Questions Cloud

Award winning print advertisements : Based on the research of two (2) CLIO Award winning print advertisements in the past two years, what was it that made these successful, according to your sources?
Difference between poverty and income inequality : What is the difference between poverty and income inequality? Why do economists believe that some degree of income inequality is inevitable in a capitalist economy?
Create function called hallpetch that requires three inputs : Then plot a graph with the calculated yield strength versus diameter in MATLAB. Create a function called HallPetch that requires three inputs σo, K and d and calculates the value of yield strength.
Marketers to target different microcultures : How does Pinterest enable marketers to target different microcultures? Include specific examples that support your response. (Hint: See Chapter 9, pages 177-188 in the textbook for more details.)
Explain pricing strategy-is price discrimination involved : For each of the following schemes, explain the pricing strategy. Is price discrimination involved? If so, how? What does the firm hope to achieve and how does the strategy help achieve it?
Describe the company overall value proposition : Outline how Whole Foods segmented its market and determined if the segments were attractive and worth pursuing. Describe the company's overall value proposition and how it was positioned to the public.
Do you feel that the development of a social media presence : Does this fit with Pew Research you did in Week One? Do you feel that the development of a social media presence would help or hinder your initiative or efforts to strengthen and ‘brand' programs in your community? Why?
Learn about ethnocentric orientation : In Chapter 1 we learned about 'ethnocentric orientation.' In your opinion, should a company that wants to market its products and services to international markets use 'ethnocentric orientation?' Why or why not?
Additional ads would generate similar response rates : In 2011, First National Bank received 3,200 inquiries due to its monthly advertisement in the local newspaper describing its 30-month CD accounts. In the same period, the bank’s monthly ads in a regional business magazine generated 1,000 inquiries. A..

Reviews

Write a Review

Business Economics Questions & Answers

  Define the law of supply-keeping in view the law of supply

Define the Law of Supply? Keeping in view the Law of Supply, how the following factors will shift the supply curve? (Each answer must be supported by a neat diagram):

  Perfect competition or perfect monopoly

If you sell with a price that is above or below the optimum price, what happens with the consumer surplus? Does your response depend on whether it is perfect competition or perfect monopoly?

  Identify the primary economic decision makers

One way to understand how the economy works is the circular flow model. This model demonstrates the flow of resources, goods, services, and income between households and business through the resource market and the market for goods and services. Iden..

  The long-run aggregate supply curve can never shift

Evaluate whether each of the following statements is true or false. Explain your answer and provide supporting rationale. The short-run aggregate supply (SAS) curve slopes upward because households spend more as their incomes increase. The long-run a..

  Carolina christmas tree corporations total revenues

The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Each tree sells for a price of $65. The Carolina Christmas Tree Corporation’s total revenues are

  Influenced by prominent economic theories of social welfare

Demonstrate the ability to read, understand and assess how social insurance policies influence and are influenced by the prominent economic theories of social welfare.

  Assume that the market for wheat is perfect competitive

Assume that the market for wheat is perfect competitive, with demand curve P = 5000 ? 0.01QD and a supply curve P = 1+0.1QS. Each identical wheat producer has a total cost curve given by TC = 1+Q+Q2, which results in marginal cost of M C = 1 + 2Q..

  Would you support regulation or deregulation and why or not

Do you think that competition can be counted on to discipline the industrial business firms of a modern economy?

  What is the stocks constant growth rate

Jane’s sister-in-law, a stockbroker at Invest, Inc., is trying to get Jane to buy the stock of HealthWest, a regional HMO. The stock has a current market price of $25, its last dividend (D0) was $2.00, and the company’s earnings and dividends are exp..

  What would be its total profit with a per minute charge

Clearvoice, a wireless telephone monopolist  has 100 consumers, each of whom has a monthly demand curve for wireless minutes of Q=300-100P where P is the per-minute price in dollars. The marginal cost of providing wireless service is $0.30 per minute..

  What is the smallest per product unit subsidy that must

What is the smallest per product unit subsidy that must be paid to the monopolist in order to induce it to produce 7 units of its product?

  Construct framework for new scholarship program

Assume that you are the newly appointed head of the NCAA. Construct a framework for a new scholarship program that would entirely replace the existing system. Describe what should be its tenets if

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd