Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

For each of the cases below, explain whether they represent a type of price discrimination or not and, if they do, which type.

(a) As you enter a store you see a sign saying "buy 2 get 1 free".

(b) A motel charges a higher price for a room to customers with dogs or cats than to customers with no pets.

(c) A cell phone provider offers corporate plans to businesses and individual plans to non-business customers.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92770837
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

A orange juice producer buys all of his oranges from a

A orange juice producer buys all of his oranges from a large orange orchard in Florida. Suppose that the amount of juice squeezed form each of these oranges is normally distributed with a mean of 4.70 and a standard devi ...

Inc 409661 2796 pop INC = 40966.1 + 2.796 POP'            sample size = 400

INC = 40966.1 + 2.796 POP'            sample size = 400  (se)    (545.8)   (.2796);                  R 2  = .2468 1. Where INC is the income in millions of dollars and POP the population in millions of people. Provide an ...

Below are the supply and demand schedules for fresh coffee

Below are the supply and demand schedules for fresh coffee in Vancouver: Price ($/cup) Quantity Demanded (cups/day) Quantity Supplied (cups/day) 1 440 330 2 415 360 3 390 390 4 365 420 5 340 450 6 315 480 7 290 510 a. Wh ...

A communications company offers 16 different television

A communications company offers 16 different television packages and 16 different internet packages. Of those, 5 packages include both television and internet. How many ways are there to choose either television or inter ...

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200. u=129 o=20.2. (a) What is the shortest number of days spent that would put a patient in the top 3 ...

When we look at the ease to enter the different market

When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why? -- There is only ONE firm that has established 'economies of scale' with the production of their go ...

Now assume that this market becomes perfectly competitive

Now, assume that this market becomes perfectly competitive. The production process for the good does not change. So, all firms have the same cost curves as the monopolist. Reference from: Q3. A monopolist in the sugar ma ...

What is asymmetric information and how does it affect the

What is asymmetric information and how does it affect the consumer or buyer?

A random group of 20 depressive patients has been given the

A random group of 20 depressive patients has been given the MMPI. Their scores on a depression scale are as follows: 30 45 32 28 33 25 37 32 34 32 26 35 30 34 35 31 36 26 42 39 Construct a frequency distribution. Then ma ...

If the probability of either outcome a or outcome b arising

If the probability of either outcome A or outcome B arising during a single random process is 0.4 and we also know that the probability of outcome A is 0.2 while the probability of outcome B is 0.3, how are these two out ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As