« previous next »

Author Question: A price discriminating firm will tend to charge a ________ price for the category of customer with ... (Read 107 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
A price discriminating firm will tend to charge a ________ price for the category of customer with the ________ elasticity of demand.
 
  A) higher; higher
  B) higher; lower
  C) lower; lower
  D) 100 percent markup; infinite

Question 2

Who, among the following, is least likely to practice cost-plus-markup pricing?
 
  A) Dolly J. Dalrymple, a Wisconsin dairy farmer
  B) The Wisconsin Cheeses-R-Us factory
  C) The Cheese-of-the-Month Club
  D) Trick question: all are equally likely to use cost-plus-markup pricing.


canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Mosaic of Charge-Coupled Devices (CCDs) Mosaic of Charge-Coupled Devices (CCDs)
Covering the interior as soon as the vehicle comes in for service helps improve customer ... Covering the interior as soon as the vehicle comes in for service helps improve customer ...
Always check the battery, using a conductance or load tester. A battery showing a green charge ... Always check the battery, using a conductance or load tester. A battery showing a green charge ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Storm water charge Storm water charge
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library