Provide an examples of how each industry practices

Assignment Help Macroeconomics

Reference no: EM1327116

Pricing Behavior

Research the tiered pricing behavior of pharmaceutical and airline firms and address the following:

1. Give examples of how each industry practices price discrimination.

2. What are the short and long term strategic reasons these industries employ tiered pricing?

3. What impact does price discrimination have on the profitability of these industries?

4. Specifically, explain and give an example the airline industry "yield management" systems.

Reference no: EM1327116

Questions Cloud

Epm/pmo approach to multi-project management : Introducing PMOs within organizations utilizing EPM approaches is sometimes perceived as creating unnecessary additional layers of bureaucracy. What steps would you recommend to be taken to correct this mis-perception and educate employees on the ..

Complete handover of change management : How much control will you expect the Project Manager to have over planned changes, in projects where work has been extensively outsourced to external contractors? Full or partial control, or a complete handover of change management responsibility ..

Why organization that meets the company''s specifications : A software application has been delivered to your organization that meets the company's specifications. Using associated examples, describe problems which may arise when it is installed and used in your organization.

Illustrate the price elasticity of demand at the equilibrium : Illustrate the price elasticity of demand at the equilibrium price and quantity.What is the price elasticity of supply at the equilibrium price and quantity.

Provide an examples of how each industry practices : Provide an examples of how each industry practices price discrimination. What are the short and long term strategic reasons these industries employ tiered pricing.

Heartland supermarkets which would like to raise : Pamela Sue, proprietor of Heartland Supermarkets which would like to raise her current sales of corn from 250 bushels per week to 500 bushels per week.

Illustrate what would happen to the demand for iphones : Illustrate what would happen to the demand for iPhones if consumer income rises by 10%. Be specific. Are iPhones a normal or an inferior good.

Calculate the arc price elasticity of demand : Calculate the arc price elasticity of demand over this price and consumption quantity range.

Illustrate what are the production elasticities of demand : Illustrate what are the production elasticities of demand for labor, capital (trucks) and energy. What type of returns to scale is consistent with the above production function.

User Account

All Pages