The strategy underlying price discrimination

Assignment Help Finance Basics
Reference no: EM131046618

The strategy underlying price discrimination is
a. to charge higher prices to customers who have good substitutes available to them.
b. to charge everyone the same price, but limit the quantity they are allowed to buy.
c. to increase total revenue by charging higher prices to those with the most inelastic demand for the product and lower prices to those with the most elastic demand.
d. to reduce per-unit cost by charging higher prices to those with the most inelastic demand and lower prices to those with the most elastic demand.

Reference no: EM131046618

Questions Cloud

An indirect price discrimination scheme : Which of the following statements is consistent with an indirect price discrimination scheme?a. The seller doesn't have market power.
Probability of balls : An box contains 10 orange balls and 6 red balls. If Vince chooses 9 balls at random from the box, what is the probability that he will select 4 orange balls and 5 red balls?
Reviewing and approving the use of resources : Setting corporate strategy, overall direction, mission, or vision.
Add a schedule using microsoft project software amend wbs : Add a Schedule Using Microsoft Project software amend your WBS to include the schedule of time required to complete your project.
The strategy underlying price discrimination : The strategy underlying price discrimination is a. to charge higher prices to customers who have good substitutes available to them.
Evaluate the major consequences of poor communication : Analyze the relationship between communication and resistance. Evaluate the major consequences of poor communication.
Implement and execute the strategy successfully : Being heavily involved in long-term strategic planning but much less involved in the day-to-day aspects of strategy implementation and execution.
Question regarding the discrete topology : Endow the set R×Z with the dictionary order . That is, for(x, r),(x0, r0) ∈ R×Z, we have (x, r) (x0, r0) if x x0(as real numbers) or x = x0 and r r0(as integers). Prove that the order topology on R × Z is the discrete topology.
Individual places on an extra unit of the good decreases : The individual demand curve slopes downward because a. the value an individual places on an extra unit of the good decreases.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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