Price discrimination question

Assignment Help Business Management
Reference no: EM1355413

Price discrimination question

Some tennis clubs charge an up-front fee to join and per-hour charge for court time. Others do not charge membership fee but charge a higher per-hour fee for court time. Consider clubs in two different locations. One is located in a suburban area where the residnets tned to be of similar age, income, and occupation. The other is in the city with a more diverse population. Which of the locations is more likely to charge a membership fee? Explain.

Consider three firms: a shoe store at the mall, an automoble dealership, and a house painting firm.

a. Which firm would you expect to engage in the most price discrimination? Why?

b. How has the Internet changed the pricing policies of these businesses?

Reference no: EM1355413

Questions Cloud

Problems on stock price and technical analysis : The commonly used to determine what a stock's price should have been, Technical analysis involves tracking the trend of make investment decisions
Find out the linear acceleration of the bicycle : Some amusement park rides move you back and forth in the horizontal direction. Why is this motion so much more disturbing to your body than cruising at a high speed in a jet airplane.
Find largest number in array : Find the largest number in the array and output the result. use a subprogram to input the numbers, a function to use the largest number.
Explain what you think of an alternative way to restructure : Explain what you think of an alternative way to restructure the compensation of EFT's sales force that could potentially enhance profits.
Price discrimination question : Which firm would you expect to engage in the most price discrimination and how has the Internet changed the pricing policies of these businesses?
Explain we are busy producing and marketing profitable : Explain We are busy producing and marketing profitable products for society to enjoy and Now you want us to provide legal services
What is the mechanical power delivered by the constant force : A person with perfect pitch sits on the bus bench listening to the 442 Hz horn of an approaching car. If the person detects a frequency of 479 Hz, how fast is the car moving.
Accrual and cash basis accounting : What is the difference between accrual-basis accounting and cash-basis accounting? Why would politicians prefer the cash basis over the accrual basis?
Problems on mutual funds : Mutual funds composed of stocks that have potential for very high growth, but may also be unproven, are called

Reviews

Write a Review

 

Business Management Questions & Answers

  Organizational change model

There are many different models of organizational change. Each has advantages and disadvantages. It is up to the organizational development specialist to match the specific model to the current needs of the organization.

  Explain the manager of a multinational firm operating

Explain the manager of a multinational firm operating in a developing country noticed that local employees had at length recently met their physiological and safety needs

  Describing added value of a servant leader

Discuss the added value of a servant leader based upon your leader's profile.

  Define the threats to running an ethical corporation

Explain what are three threats to running an ethical corporation. Is this referring to things such as the individual themselves can be the threat?

  What are the pressures for local responsiveness

What are the pressures for local responsiveness also global standardization faced the Lenovo Group and Flextronics International?

  What functions of management has used

Explain what functions of management has McDonald's leadership used, and continue to use in order to remain the most profitable fast food restaurant in the world

  Five some examples of business research

Five some examples of business research.

  Calculate the exponentially smoothed forecast

Calculate the exponentially smoothed forecast of calls for each week. Assume an initial forecast of 50 calls in the first week and use, what is the forecast for the 25th week?

  Education situation or level of education

Select one of poorest countries of world (one with under $1000 gross domestic product [GDP] per capita). Research your chosen country and provide answers to following questions: What is the rate of the unemployment? What is the education situation ..

  Code of ethics for educators code of ethics for educators

Discuss the rationale for the code of conduct in this field, including why it is necessary in the industry or field. Examine the strengths and/or weaknesses with the code of conduct.

  Organizational costs for a corporation

What is a primary factor for determining when a corporation's business begins - Organizational costs for a corporation

  Potential solutions that exist to remedy the situation

Provide the potential conflict of interest between Security Analysts, and the Investment Bankers working for the same firm - what are the potential solutions that exist to remedy the situation?

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