subject
Business, 29.07.2020 20:01 justintsmith6415

Complete the following by indicating whether or not each an example of price discrimination. a. Hotels charge a higher price for rooms with a nicer view, such as a skyline view or a coastal view. Assume that all consumers receive a higher utility when staying in a room with a nicer view.
b. Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price. They are typically distributed via lottery or on a first-come, first-served basis a few hours before the show. Assume that the theater in question does not hold seats in reserve for this purpose, but rather offers rush tickets only for seats not sold before the day of the performance.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:30
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.
Answers: 2
question
Business, 22.06.2019 17:30
Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve
Answers: 3
question
Business, 22.06.2019 20:50
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
Answers: 2
question
Business, 23.06.2019 02:30
Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false
Answers: 2
You know the right answer?
Complete the following by indicating whether or not each an example of price discrimination. a. Hot...
Questions
question
Mathematics, 09.02.2021 18:40
question
Arts, 09.02.2021 18:40
question
Mathematics, 09.02.2021 18:40
Questions on the website: 13722361