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astra-53 [7]
1 year ago
14

When a movie theater charges a lower ticket price for senior citizens and/or students, the movie theater is engaging in_________

Business
1 answer:
MariettaO [177]1 year ago
8 0

Answer:

b) third-degree price discrimination.

Explanation:

The price gouging happens on prices when is carried out by the seller, goods, services or goods to a higher level than what is considered acceptable or fair and potentially considered unethically. This usually occurs after a demand or supply shock. Common examples include price increases for basic needs after hurricanes or other natural disasters.

First-degree discrimination (perfect price discrimination) appears when a business charges the maximum possible price for each unit consumed because prices are diverse among some units. In this case, where a company charges a different price for every good or service sold.

Second-degree price discrimination is the concept in which a company charges a different price when there are demands for different quantities consumed, such as quantity discounts on bulk purchases.

Third-degree price discrimination is the case in which a company charges a different price to different consumer groups. This is the type of most common type of price discrimination. If we see in the question there is given distinctive ticket price offers to senior citizens and/or students. That’s why we should choose third-degree price discrimination.

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When independent measurers get similar results when using the same accounting measurement methods, the financial information is:
Deffense [45]

Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

6 0
1 year ago
A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
PolarNik [594]

Answer:

Explanation:

Outstanding number of days is the period over which the loan balance remains unpaid. Since this loan earns 5% interest, required adjusting entry for this company would be to Debit<em> interest expense</em> <em>account</em> and Credit the interest <em>payable account. </em>It is an accounting requirement that all expenses be debited . On the other hand, interest payable  is the amount that a company owes a lender and is therefore credited as the corresponding journal entry to the interest expense .

5 0
1 year ago
Karsten runs a forklift at work. She also uses hand tools to perform her tasks. Sometimes Karsten has to talk to customers about
Gala2k [10]

Answer:

Facility and Mobile Equipment Maintenance and Warehousing and Distribution Center Operations.

Explanation:

Analyzing Karsten's roles in her current job, it is possible to identify that she could probably have careers in maintaining mobile facilities and equipment and storage and distribution center operations.

Karsten demonstrates that she is a responsible employee in her role by documenting important information that may affect her professional obligations, which gives her the ability to handle responsibilities for storage operations and distribution centers, tasks that require organization, as well as communication with customers about the products and services ordered, which is also essential for an organization’s distribution sector. From the information in the text it is also possible to identify aptitude for maintenance of mobile facilities and equipment, since she drives a forklift at work and sometimes uses hand tools to perform her tasks.

8 0
2 years ago
Pam works for a corporation that recently fired three top managers who were caught using the company credit cards to lavishly fu
const2013 [10]

Answer:

(D). Visibly punish unethical acts

Explanation:

Ethics refer to how people conduct themselves morally. Each organization has an Ethical Code they expect their employees to abide by.

When employees act outside an organization's Code of Ethics, then punishing them visibly is a way to serve as a deterrent to other employees.

Employees should also be openly rewarded when they act in accordance to the Code of Ethics to encourage others to do the same.

In this case, Pam's company is using visible punishment to maintain its ethical culture and send a message to the other employees.

5 0
2 years ago
Basic finance.After combing through the data, you have noticed that firms hiring Fishergraduates earn average abnormal returns o
Ulleksa [173]

Answer: (2) invest $1,000 in each of ten companies that have justhired Fisher graduates

Explanation:

This is the better option because if you invest all the money into one company, you stand a chance of losing all your money should the company fail.

It is better to invest in 10 companies that hired Fisher graduates. Why?

Diversification.

Diversification is investing in multiple investment vehicles to hedge your investments and ensure that you do not lose it all if one or a few investment go awry. By investing in 10 companies, you would be practicing diversification which would ensure that you do not lose it all on 1 company.

You also stand a chance to make more profit if a couple of those companies outperform your estimates.

Please do react or comment if you need any clarification or if the question was right so that you may help the next person. Thank you.

4 0
2 years ago
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