Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)
Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%
Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%
Answer:
Depending on what game Jennifer played, she might have to pay taxes. If Jessica won the money playing [email protected]@ck or [email protected]@[email protected] she doesn't need to pay taxes.
Explanation:
The IRS requires casinos in Las Vegas to withhold 25% of total gambling winnings (or 30% if the gambler is from a foreign country). When a casino withholds taxes, they will provide you with IRS Form W-2G.
You must remember to keep Form W-2G so you can report it on your IRS Form 1040 tax return at the end of the year, to avoid being taxed twice.
But winnings from some table games are not taxed, e.g. [email protected]@ck, [email protected]@[email protected], [email protected], and roulette are not taxed.
<span>If airlines are going to mine data from a captive audience several thousand feet in the air then they need to make a bigger deal of noting it. Much like the safety demonstration, before take off they should include a brief statement and have a Q & A sheet in the seat back. In this day and age protecting personal information is a touchy subject and not everyone is aware of that. You would think with the negative press for airlines these days and the huge debacles of cyber attacks and information leaks that airlines would be a bit more transparent on this practice.</span>
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
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.
