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Select 2 companies in the geographical location you live in and find out if they "price discriminate." Why do these 2 companies "price discriminate?" In what ways do they "price discriminate?" Have these companies faced any negative feedback or press in terms of their pricing behavior? How is Chapter 10's treatment of price discrimination similar to any pricing strategies marketing people discuss? How is it different?
Chapter 10 covered:BundlingConsumer surplus1st degree price discriminationGroup pricingLock-inMaringal benefitMarkup pricingNetwork externalitiesPersonalized pricingPrice discriminationPromotional pricing2nd degree price discrimination3rd degree price discriminationTotal benefitTwo-part pricingVersioning
Explain why is a struggle underway in Cuba between social equality and the free market. Why did Cuba permit free markets? Who in the video wants Cuba to remain socialist.
Illustrate what is your opinion, observation, or recommendation on this company. what are their shortfalls, how do they relate to other in the industry.
Assume the government imposes a tax of $2.00 per unit to reduce widget consumption and raise government revenues. What will the equilibrium quantity be?
What takes palce to output, the optimal scale of a firm, and price if there is a free entry into the market.
Write a brief explanation of each of the following terms. import tariff, effective rate of protection
Japan has traditionally had an employment system characterized by a "lifetime" employment relationship between employer and employee and salaries that are based on length of service with the employer-starting low
Using the static classical AD/YP model, demonstrate the effect of each of the following changes.
The California Instruments Corporation, a producer of electronic equipment, makes pocket calculators in a plant that is run autonomously. What price should the manager charge for the calculators?
Elucidate what you can do, if the best technology was used to produce the components of the system to achieve the .99 reliability.
Explain why does the aggregate supply curve become very steep after potential output is reached. What does it mean for inflation when the demand curve shifts and crosses into this steep portion of the supply curve.
At the same time dozens of low price producers started growing plants for sale. The net result was a decline in the average price of houseplants.
Most practitioners presently update MRP weekly or biweekly. Would it be more valuable if updated daily, or even on a real-time basis.
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