Concepts of elasticities, Groupon is a popular group

Concepts of elasticities

Assignment Help Finance Basics

Reference no: EM1367104

Groupon is a popular group purchasing and daily deals website. In a recent advertisement, a local restaurant to sold buffet vouchers at a steep discount on Groupon's website. Customers who turn up at the restaurant without the vouchers will have to pay full price. Suggest reasons for the two - part pricing offered by the restaurant using the concepts of elasticities.

Reference no: EM1367104

Questions Cloud

Law of demand supply-government intervention : Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. What evidence of excess supply or excess demand can you cite in these examples?

Recognize possible use cases-actors to make use case diagram : Recognize possible use cases and actors, and create use case diagram for Personal Trainer information system. Choose one of the use cases and create a class digram.

Billing and coding methodology : What legal and ethical concepts are present in this situation that can influence the way you decided to handle this? Explain.

Calculate the values of the work interchange : Determine the values of the constants a and c and state the units and draw the path on a PV diagram also draw Path on the diagram and calculate the heat and work interchanges between the system and surroundings.

Concepts of elasticities : Groupon is a popular group purchasing and daily deals website. In a recent advertisement, a local restaurant to sold buffet vouchers at a steep discount on its website.

Feeling threatened by possible repercussions : Identify and explain a condition in which you have observed fear in an organization in which you worked. Fear is defined as "feeling threatened by possible repercussions as a result of speaking up regarding work-related concerns".

Discuss three major cross-cultural differences : large Businesses and small now compete in a truly global economy. To become successful in another nation it is essential to understand cultural differences that exist.

Write table in dbdl notation after applying methodology : Proceed with all steps in information-level design to add this user view to existing cumulative design. Is this table in1st NF?___No____ . If Yes skip. If not, write Table in DBDL notation after applying the methodology we use for converting into 1NF..

Agent relationship in aging services : Describe the problems which could exist in the principal and agent relationship in aging services like case manager and an nursing home.

User Account

All Pages