Options:
Separate buyers based on their income.
Separate buyers based on their willingness to pay.
Lower their profit.
Lower the marginal cost of producing an additional unit of output.
Answer:Lower the marginal cost of producing an additional unit of output.
Explanation:Price discrimination is a pricing strategy that gives different prices for the same kind of product. Price discrimination can be classified as first degree(charging of a different price for every unit consumed),second degree(involves charging different prices for different Quantity purchased) and third degree(charging of a different price to different consumer groups).
Through price discrimination, firms are able to make additional variants of the same product in order to Lower the marginal cost of producing an additional unit of output.
Price discrimination and the existence of slightly different variants of the same product go hand in hand because offering product variants allows firms to differentiate their offerings and justify varying prices based on consumer preferences and willingness to pay.
In economics, price discrimination refers to the practice of charging different prices for the same product or service to different groups of consumers. When firms engage in price discrimination, they often introduce slightly different variants or versions of the product in order to justify the price differences. This is because offering different variants allows firms to differentiate the products and create the perception of added value, which justifies the varying prices.
For example, a company may offer a basic version of a product at a lower price point, and a premium version with additional features at a higher price. By doing so, the company can target different segments of consumers based on their willingness to pay, maximizing their profits through price discrimination.
Overall, the existence of slightly different variants of the same product and price discrimination tend to go hand in hand because offering product variants is a strategy that enables firms to differentiate their offerings and capture different segments of the market at different price points.
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Answer:
Customer relationship management
Explanation:
Customer relationship management is a strategy used in most organisation in which official make plan to retain their customers. They analyse the data about the customer, their professional history, their gross profit, nature of business etc. These all process help to boost the growth of company to the next level.
Answer:
thnx!
Explanation:
Answer:
The correct answer is B. transfers cash by electronic communication rather than by paper documents.
Explanation:
When the bank transfer or bank transfer is verified through electronic means, throughout its process or some parts thereof, it is referred to as an electronic funds transfer system (EFTS). This system is used when providing a bank account number and routing information to someone who owes money, and that interested parties transfer money from one account to another. It is also the system used in some of the payments made through the online bill payment service of a bank. EFTS transfers differ from electronic transfers in important legal forms. An EFTS payment is essentially an electronic personal check, while a bank transfer is more like an ATM check.
In the United States, EFTS transfers are often called "ACH transfers," because they take place through the Automated Clearing House or Automated Clearing House. The part that ACH transfers differ from bank transfers is that the recipient can initiate it. There are course restrictions, but this is the way people often make automatic bill payments, for example to utility companies.
Individual shareholders will have the right to receive dividends declared. They can sell their shares and have the right to purchase issued shares. They can vote on the directors nominated by the board. They also have the right to the remaining assets after liquidation.
Answer:
Partial ownership in a corporation
An example of libel is a journalistmaking someone look bad by purposefully making up false and defamatorystatement. When a journalist causes damage against the subject’s reputation itis considered to be libel. State consider six different legal elements in libelcases which are the defamatory nature of the communication, the way it waspublished, the truth or falsity of the claims and the harm on reputation.
Answer:
Libel
Explanation: