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2 years ago

12

Betsy bought an airline ticket for $100. Three weeks later, Ryan paid $250 for a ticket on the same flight. This is an example o

f _____.
A) an equilibrium price
B)wage discrimination
C)price discrimination

2 answers:

Alika [10]2 years ago

6 0

The correct response to this would be c

Bess [88]2 years ago

5 0

I don't know if this is correct but i would say the answer is C.

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Where marginal cost equals marginal effort.

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You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market re

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Answer:

a) Yes.

b) Philippines

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Explanation:

a) Data and Calculations:

Market potential in Malaysia, Philippines, and Singapore as described next:

Success Level Big Mediocre Failure Expected units

Malaysia Probability 0.3 0.2 0.5

Units 1,200,000 384,000 0

Expected units 360,000 76,800 0 436,800

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Singapore Probability 0.1 0.7 0.2

Units 500,000 300,000 0

Expected units 50,000 210,000 0 260,000

b) Determination of outcomes:

Malaysia Philippines Singapore

Expected units 436,800 770,000 260,000

Contribution per unit $2 $2 $2

Contribution margin $873,600 $1,540,000 $520,000

Cost of market entrance 250,000 250,000 250,000

Net Income $623,600 $1,290,000 $270,000

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Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on the "Price Is

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Answer:

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Answer:

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