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kramer
1 year ago
11

Simone and Ana are debating the pricing strategy of several airlines. Simone argues, "When airlines restrict discounted tickets

to people who book well in advance and stay over on a Saturday, it is not price discrimination, because the restrictions have nothing to do with individual buyers' willingness to pay." However, Ana says, "The airlines' stay-over restrictions are a form of price discrimination, because they roughly split the market into two separate groups that are willing to pay two different amounts." Economists generally agree with Simone and Ana?
Business
1 answer:
SpyIntel [72]1 year ago
6 0

Answer:

Economists will agree more with Ana

Explanation:

Price discrimination is defined as the selling of the same product to different customers at different prices.

The difference in price charged is usually due to willingness of the customer to buy at different prices.

In the given scenario buyers that are willing to buy in advance and stay over form a category of clients that have a price band unique to them.

Others will buy at a higher price.

This has caused a price discrimination

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Where should charts with Food Code 3-401 be displayed?
kotykmax [81]

Answer:

A. Where customers can see them.

Explanation:

Food Code is a rule that ensures public health safety and protection concerning food sold by retail outlets. The code gaurd against the adultration of food and shows the acceptable standard required from food retail outlets, so that patronisers health is secured.

The charts with the food code 3-401 should be placed where customers can see them to create awareness and make them to understand the level of what is expected from a food outlet. This would convince them that the food is prepared under healthy conditions.

7 0
2 years ago
Read 2 more answers
Jasmine's company, marbletech, inc., recently won a major government contract scheduled to last six years. jasmine has been give
dexar [7]
<span>Jasmine's efforts will require her to perform functions involved in human resources management. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.</span>
6 0
2 years ago
The importance of flower farming is increasing day by day in nepal. Justify this statement. please write long ans​
devlian [24]

Answer:

Prior to 1990, there were a number of nurseries within the valley as well as a few outside that cultivated flowers, but the trend then was more towards producing potted plants, seeds, bulbs and suchlike. There was no large market for cut flowers of the variety available now, in part because there was very little demand due to a lack of market exposure to cut flowers. People in Kathmandu just did not use them on a regular basis. According to nursery owners, there was at that time only a small demand amongst the expatriate community and amongst the Indian community. On November 15 1992 however, the Floriculture Association of Nepal or FAN was formed, and this marked the beginning of the floriculture industry in Nepal.

FAN was formed by 11 nursery owners with the objective of promoting and enhancing the floriculture industry and the emergence of flowers in the Katmandu market can in fact be attributed to the training in flower arrangement that FAN conducted in 1993. Following this training, they initiated the opening of a wholesale market and the support FAN gave to the organization 'Women in Floriculture' project enabled several entrepreneurs to set up flower retail outlets. This supply driven demand resulted in flowers being made available in the market and the market responded by taking up this supply. Business has since improved as demonstrated by the change in demand from around 100 rose stems a day in 1992 to 3000 stems in 2003 and from 100 gladiolus stems  in 1992 to 6000 in 2003. Figures from FAN put the total sale of cut flowers at 10 million in 1992, which went up to 70.2 million in 2003.

The domestic market for cut flowers is in fact increasing according to Suresh Bhakta Shrestha of Standard Nursery in Bansbari. He says that in 1993 150 thousand Nepali Rupees was the total turnover for all the shops that sold flowers in Kathmandu. This figure is now around 80 to a 100 thousand Rupees per month per shop! Latest figures also suggest that there are there are currently around 300 nurseries and 40 retail shops within the Kathmandu valley. This information suggests that floriculture has grown very rapidly and that the flower culture here continues to grow.

Explanation:

6 0
1 year ago
Eighteen years from now, 4 years of college are expected to cost $150,000. How much more must be deposited into an account today
ivann1987 [24]

Answer:

$14,614.02

Explanation:

The computation of the much more amount deposited is shown below:

= Expected cost ÷ (1 + interest rate on savings)^number of years - Expected cost ÷ (1 + interest rate on earnings)^number of years

= $150,000 ÷ (1 + 0.08)^18 - $150,000 ÷ (1 + 0.11)^18

= $37,537.35 - $22,923.33

= $14,614.02

We simply deduct the earning from the savings so that the approximate valeu could come

8 0
1 year ago
Norred Corporation has provided the following information: Cost per Unit Direct materials Direct labor Variable manufacturing ov
mariarad [96]

Answer:

$134,300

Explanation:

Total indirect manufacturing cost = (Unit Produced * Variable manufactured overhead) + Fixed manufacturing overhead

= (8,000 * 1.60) + 121,500

=12,800 + 121,150

=$134,300

Hencc, the total amount of indirect manufacturing cost is $134,300

4 0
1 year ago
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