answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fredd [130]
2 years ago
14

If you buy your tickets early for a live theater production in Rome, you'll pay about 30 percent less, than if you buy them on t

he day of the show. The lower price helps the early sale of tickets and guarantees the audience will be large enough to justify the cost and effort put into the production. What strategy does the theater company use to shift demand for theater tickets?
Business
2 answers:
kow [346]2 years ago
6 0

Answer: Price differentiation

Explanation:

The startegy used by the theater company to shift demand for theater tickets is differentiating on the price. Price differentiation is a pricing strategy whereby difeent sets of customers are charged different prices for the same good or services.

The theater company gives 30% discount for people who buy the tickets early compared to people who buy the ticket on the day of the performance. This so differentiation on price.

ValentinkaMS [17]2 years ago
4 0

Answer:

Price discrimination .

Explanation:

Price discrimination also known as differential pricing is a pricing strategy that involves a service provider or organization selling the same products at different prices to different consumers.

In this scenario, customers who bought tickets early for a live theater production in Rome, will pay about 30 percent less to justify the cost and effort put into the production, than if they purchase them on the day of the show.

You might be interested in
Two workers have the job of placing plastic labels on packages before the packages are shipped out. The first worker can place 1
monitta

Answer:

The correct answer is: The second worker.

Explanation:

Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.

In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:

  • Worker 1: <em>1000 per 1/2 hour (30 minutes) </em>
  • Worker 1: <em>2000 per 1 hour  </em>

  • Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
  • Worker 2: <em>2550 per 1 hour </em>

Then, the second worker is more productive.

3 0
2 years ago
A registered investment company whose share price fluctuates independently of its net asset value is most likely
bazaltina [42]

Answer:

Closed-End Fund

Explanation:

Close-End Funds raise money through an IPO and then its stocks are traded on secondary markets. There are no new issuance of stocks, nor there are repurchases of stocks, therefore, the price of their stocks is determined by the market. That is why their stock price will be based on its net asset value, but it fluctuates and is not dependent on it.

5 0
2 years ago
Labor Input Total Product Marginal Product Average Product 1 8 8 8.0 2 17 9 8.5 3 27 10 9.0 4 36 9 9.0 5 44 8 8.8 6 51 7 8.5 7 5
Yuki888 [10]

Answer:

Check the explanation

Explanation:

Labor Input is an indicator the pointer characterizing the labor expressed expenditure in man-hours on a production of a particular consumer value or on a technical operation.

Total product is the total amount of output that a firm produces; it is usually stipulated in relation to a variable input.

Marginal Product is the physical efficiency or productive ability of an input in the change in output which results from employing one more unit of a particular input, presumptuous that the amounts of other inputs are kept constant.

Average Product is the amount of the overall output that was being produced per unit of a variable input, holding all other inputs at a constant rate.

The graphical solution to the question above can be seen in the attached image below.

8 0
2 years ago
On March 1, 2017, Carla Vista Co. acquired real estate, on which it planned to construct a small office building, by paying $84,
marissa [1.9K]

Answer:

Land 112,980

Explanation:

The driveway and parking lot are not part of the land. That is a decision of the company and will be applied on a diferent account, Parking lot

All the other cost are required to acquire the land and leave the land ready to use.

The salvage for the demolition decrease the cost for the land.

Purchase              84,500

demolition               9,100

salvaged materials (1,880)

atorney's fee           1,380

broker's fee            4,980

architect's fee       14,900

Total                     112,980

5 0
2 years ago
An employee requested that the balance of her 401(k) account be sent directly to her in one lump sum. upon receipt of the distri
yKpoI14uk [10]

The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.

8 0
2 years ago
Other questions:
  • Carl and debra orally agree on the sale of carl's electrical supplies company to debra and jot down the terms on the back of one
    7·1 answer
  • Which of the following captures the specific actions that leaders take to influence others at work? A.Leadership styles and beha
    15·1 answer
  • A company's Office Supplies account shows a beginning balance of $600 and an ending balance of $400. If office supplies expense
    7·1 answer
  • Accountants do not speak in terms of increases and decreases. Rather, they use technical terminology. Thus, to __________ an acc
    8·1 answer
  • Hector is opening an appliance store. He has estimated a monthly profit goal based on his anticipated expenses and earning goals
    7·1 answer
  • Dr. Potter is retiring as a veterinarian in private practice. He wants to start a(n) __________, Vets on the Go, that will provi
    9·1 answer
  • Assume the current Treasury yield curve shows that the spot rates for six​ months, one​ year, and one and a half years are 1 %1%
    9·1 answer
  • Jordan Broadcasting Company is going public at $50 net per share to the company. There also are founding stockholders that are s
    8·1 answer
  • Topanga Group began operations early in 2021. Inventory purchase information for the quarter ended March 31, 2021, for Topanga’s
    10·1 answer
  • Gamma, Inc. has struggled for industry dominance with Ardent, Inc. its main competitor, for years. Gamma has gathered and analyz
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!