High equipment rental fee keeps generating big profits

Assignment Help Business Economics
Reference no: EM13852094

Snow peak Ski Resort offers a price for a lift ticket that is barely over its marginal cost, but the high equipment rental fee keeps generating big profits. Which pricing strategy is the management using?

Price discrimination

Two-part pricing

Commodity bundling

Cross-subsidization

Reference no: EM13852094

Questions Cloud

Markets with special cost and demand structures : Which of the following pricing strategies is NOT used in markets with special cost and demand structures?
Fixed costs exist only : Fixed costs exist only in:
How dell got such powerful cost advantage over competitors : Dell Inc. in 2008-Describe how Dell got such a powerful cost advantage over its competitors. Use the value chain model presented in the text to demonstrate where Dell is truly superior
Search and set up the national parks database : create a table named Park. Accept the default ID primary key field with the AutoNumber data type, renaming it as Park ID. Enter at least five additional fields, such as Name, State, Fee, Hours
High equipment rental fee keeps generating big profits : Snow peak Ski Resort offers a price for a lift ticket that is barely over its marginal cost, but the high equipment rental fee keeps generating big profits. Which pricing strategy is the management using?
Acceleration of the block along the surface : A block of mass 4.0 kg is sitting on a frhorizontal ictionless surface and is pulled with a rope that makes an angle of 30 with the horizontal, as shown in the drawing below. The tension in the rope is 25 N. What is the acceleration of the block a..
How fast are they moving now : The masses shown in the figure begin from rest and then move downwards a distance of 2.0 m. How fast are they moving now? There is no friction and the pulley has no mass.
Find schedule variance for a project that has an actual cost : Find the schedule variance for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.
Determine amount that each of those uniform payments : A person signs an agreement to offer personal services over a period of five years. The company that hires him, offered to pay him an advance of $30,000 for his professional services at the moment of signing the contract and five additional payments ..

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 consider a monopsony employer in a labour market

q1. consider a monopsony employer in a labour market. elucidate explain how a union in this labour market might

  Bud operates in a highly competitive market

Bud Owen operates Bud's Package Store in a small college town. Bud sells six packs for off-premises consumption.

  State intervention used by mercantilists

What are the major economic justifications for state intervention used by mercantilists? What are the major types of problems with state intervention as they pertain to international political economy?

  At what price is the euilibrium price

Starting at the demand price $3.00 the demand quantities are 60,70,80,90,100. At what price is the euilibrium price? At what price does suplus occur? at how many large?

  Producer surplus is shown graphically as the area

Suppose that Michelle buys a cappuccino from Paul\'s Cafe and Bakery for $6.25. Michelle was willing to pay up to $8.75 for the cappuccino and Paul\'s Cafe and Bakery was willing to accept $2.25 for the cappuccino. Producer surplus is the difference ..

  What would the market quantity and price be

If we had efficiency in the duopoly, what would the market quantity and price be? How does this compare to your answer?

  Assume an economy lasts for 2 periods in period 1 only 1

assume an economy lasts for 2 periods. in period 1 only 1 agent is born this agent lives for 2 periods. in period 2 two

  Cost- marginal revenue curve

This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question.

  Explain why net exports and net capital outflow are equal

Explain why net exports and net capital outflow are always equal. Explain why higher real interest rates lead to lower net capital outflow.

  Marginal cost is constant across firms

What happens to price and output in the Cournot, Bertrand, and Stackelberg models if marginal costs increase by 10 percent? The market demand is p = a-bQ and the marginal cost is constant across firms, i.e. mc1 = mc2 = c. You may consider for two fir..

  Buy the bond the exchange rate

Suppose that you buy, and one year later sell, a foreign (British) bond under the following circumstances

  Raise aggregate demand and real gdp in the classical model

Government spending can raise Aggregate Demand and real GDP in the Classical model. Classical economists said that the velocity of money is very volatile. Classical Economists claim interest rates guarantee that savings will equal investment.

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