When Blu-ray video disc players were initially sold at premium prices of around $800 each, while DVD players were sold at significantly lower prices of less than $100 each, it was an example of price discrimination.
Price discrimination occurs when a company charges different prices for the same or similar products to different customer segments based on their willingness to pay. In this case, the company recognized that there were different customer segments with varying preferences and price sensitivities. They targeted consumers who were early adopters and willing to pay a premium for the latest technology by pricing the Blu-ray players higher. At the same time, they offered more affordable DVD players to cater to a broader customer base who were not willing to spend as much on the newer technology.
By implementing price discrimination, the company could maximize its profits by capturing the highest possible price from the segment of customers willing to pay a premium while still attracting customers who were more price-sensitive.
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Think about the sample you just read. Sort the details depending on whether they are suitable for a younger or older
audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience
Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.
Why is it vital to consider the target audience's age?You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.
What are the four most important methods for determining a target audience?When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.
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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”
Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.
Explanation: I took it on edge 2023
A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answer:
Nonverbal Communication
satisficing and intuition are two ____________ models of decision making.
Satisficing and intuition are two non rational models of decision making.
In brain research, decision-making is viewed as a mental cycle that outcomes in the determination of a thought or development among other option or potential choices. Every dynamic cycle, whether it brings about a move, essentially gives a last decision. To be characterized, independent direction is the point at which the leader decides and chooses options in view of their inclinations and values. Navigation should be visible as a critical thinking process that outcomes in a good arrangement. Since this interaction depends on private and/or freely known data, the outcome might be levelheaded or silly. The presentation of individuals, in light of their choices, has been the subject of examination in more ways than one:
1)Psychological: assessing individuals' choices in light of individual necessities, inclinations and values
2) Mental: independent direction is viewed as a persistent interaction where correspondence with ecological elements is incorporated.
3) Should be (regularizing): investigation of individual choices, considering navigation or open thinking, and the steady, constant decisions brought about by these
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As you learned from reading Mill and our textbook, utilitarianism is the view that moral right and wrong is a matter of what produces (or fails to produce) the greatest amount of good (such as happiness or pleasure) among those it affects. However, you also learned that a number of criticisms can be raised against utilitarianism. So, for example, the assigned reading by Le Guin ("The Ones Who Walk Away from Omelas"), illustrates the worry that utilitarianism seems to have the implication that (for example) it'd be morally permissible to cause or allow a person to be abused or neglected if doing so would lead to the greatest net happiness among those affected by the action. For this discussion post, do the assigned readings for the unit, and then do each of the following: (i) Apply one of the ways (discussed in the readings ⋯ esp. Shafer-Landau and/or Mill) in which a utilitarian might reply to this sort of objection to the case from the Le
One way a utilitarian might reply to the objection raised in the assigned reading by Le Guin ("The Ones Who Walk Away from Omelas") is by invoking the distinction between act utilitarianism and rule utilitarianism. Act utilitarianism evaluates the morality of individual actions based on their consequences, whereas rule utilitarianism focuses on the overall consequences of adopting and following certain moral rules. In the case of allowing a person to be abused or neglected to maximize overall happiness, an act utilitarian might argue that it is morally impermissible. However, a rule utilitarian might propose that society should adopt a general rule prohibiting the abuse and neglect of individuals because doing so would lead to greater overall happiness in the long run.
Utilitarianism faces criticisms such as the objection raised in Le Guin's reading, which seems to suggest that causing harm or allowing mistreatment can be morally permissible if it maximizes overall happiness. To respond to this, a utilitarian can invoke the distinction between act utilitarianism and rule utilitarianism.
Act utilitarianism focuses on evaluating the morality of individual actions based on their consequences. In this case, an act utilitarian might argue that causing harm or neglecting a person for the sake of maximizing happiness would not be morally permissible. They would consider the immediate consequences of the action and recognize that it directly violates the well-being of an individual.
On the other hand, rule utilitarianism emphasizes the overall consequences of adopting and following moral rules. A rule utilitarian might propose that society should adopt a general rule prohibiting the abuse and neglect of individuals. By establishing such a rule, the long-term consequences would likely lead to greater overall happiness. This approach takes into account the indirect effects of allowing mistreatments, such as the erosion of trust, and societal cohesion, and the potential for negative psychological impacts on individuals.
By appealing to rule utilitarianism, the utilitarian can address the objection raised in Le Guin's reading by asserting that moral rules prohibiting harm and neglect are necessary for the overall maximization of happiness and well-being.
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which of the following would not affect the supply of automobiles? a decrease in the number of automobile producers an increase in the price of steel an increase in the productivity of workers an increase in the price of motor oil an improvement in the technology of automobile manufacturing
The following option would not affect the supply of automobiles: D: an increase in the price of motor oil.
The supply of automobiles is determined by various factors, including the number of automobile producers, the price of inputs (such as steel), the productivity of workers, and the technology used in manufacturing. However, the price of motor oil is not directly related to the supply of automobiles, as it is not an input used in the production process. Therefore, an increase in the price of motor oil would not affect the supply of automobiles.
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Conducting an effective performance appraisal meeting is always easier if the rater begins the meeting with a criticism of the employee and moves forward from there. is always easier if the rate limits the number of opportunities the employee has to speak. is facilitated if the rater has empathy for the employee. is easier if they rater completes the performance appraisal form as he talks to the employee during the actual performance appraisal meeting.
Answer:
is facilitated if the rater has empathy for the employee.
Explanation:
A performance evaluation is a tool of the HR department used in organizations with the objective of evaluating how an employee or a team conducts their work, how their actions affect positively or negatively in the achievement of organizational objectives and goals, that is, it is a way of analyzing whether a collaborator's work meets the company's expectations.
Therefore, there are some issues that can hinder this evaluation, such as some existing bias due to some situation, which may cause the performance evaluation to not be fully consistent with reality.
So when the appraiser has empathy for the employee, the assessment is facilitated, as there is greater understanding and search for solutions for the employee to develop and improve situations that were not so positive in the assessment.
Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk
explain how a school's published price (also known as
sticker price) and net price differs.
Answer:
Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).
Hope this helped! :)
does anyone have a way or trick on using like blocked websites on a school chromebook?
3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).
Required:
Record the necessary entries to adjust the balance of cash.
Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
Cathy, Don, and Ethel are partners in Fruit Orchard Farms. Cathy gives notice to quit the firm, which otherwise continues to do business. This is
When a partner does what Cathy did and the partnership continues regardless, this is known as a Dissociation.
A Dissociation in a partnership:
Means that a partner no longer wishes to be part of a partnership The partner loses their management rights Might not absolve the partner of partnership liabilitiesBecause the business kept going even after Cathy gave notice to quit, this is known as a dissociation and not a dissolution which would have ended the partnership.
In conclusion, this is a dissociation.
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A systematic, objective process of getting information about potential customers to guide marketing decisions is referred to as
Answer:
Marketing research
Explanation:
Marketing research is the process of obtaining well researched information about a target market and its potential customers. It is an important marketing strategy in that it helps an organization find a new target market and also provide an avenue for potential consumers to provide their opinion and feedback about their interest in the firm's products.
Example of marketing research includes phone survey, online interviews, focus groups, survey etc.
True or False Communication is not always a vital skill in the workplace
Communication is always a vital skill in the workplace. The appropriate response is false.
What is communication?Information exchange is the traditional definition of communication. The expression can be used to describe both the broadcast and the area of study that looks at such transmissions. Information can be given, received, and shared through exchange.
Communication in the workplace is essential since it boosts worker happiness, productivity, and morale. Additionally important is communication for bettering teamwork and cooperation. Individuals, teams, and organizations all perform better when there is effective workplace communication.
Emails and chats you have during the day to request things, ask questions, get information, give or receive instructions, and so on are examples of informal interactions.
In the workplace, communication is a crucial ability.
Hence, the appropriate response is false.
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Are you career ready? Please log back into your FOCUS2 account and take the Career Readiness Assessment. Is there a skills gap in today's college graduates in the workforce? Please write an argument whether you agree or disagree with this topic with supporting evidence, or examples defending your argument.
NewPathwaysFromCollegetoCareer-digital (002).pdf
Yes, there is a skills gap in today's college graduates in the workforce, as evidenced by the increasing disparity between employer expectations and the competencies possessed by recent graduates.
According to a survey by the National Association of Colleges and Employers, only 43% of employers considered recent graduates to be well-prepared for entry-level positions. This gap is partly due to the rapid pace of technological advancements, with many curricula failing to keep up.
Additionally, the emphasis on theoretical knowledge over practical skills and lack of opportunities for real-world experience contribute to this gap. As a result, employers often have to invest time and resources in training new hires, hindering productivity and economic growth.
Some factors contributing to the skills gap in college graduates include outdated curricula, inadequate work experience, and limited exposure to practical skills relevant to the current job market. For instance, some courses and programs may be outdated, making it challenging for students to develop the skills and knowledge required by today's employers. Moreover, the gap between what employers expect from college graduates and what they can offer is another significant concern that contributes to the skills gap in college graduates.
In conclusion, it is clear that there are valid arguments both for and against the existence of a skills gap in today's college graduates in the workforce. However, the debate on this topic is ongoing, and it is essential for college graduates to acquire the necessary skills and competencies required to succeed in the current job market.
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which is an example of internal secondary data for marketing research?
An example of internal secondary data for marketing research is sales reports.
Marketing research is the methodical and unbiased gathering, evaluation, and dissemination of information about a specific market or target audience in order to make better-informed business decisions. Marketing research can help companies comprehend their market, keep up with emerging trends and competitors, and develop marketing strategies that are tailored to their specific audience.The primary goal of marketing research is to enable businesses to make data-driven decisions by providing insights into customer needs and behaviors, market trends and competition, and overall market potential. It can be accomplished through a variety of research methods, including surveys, focus groups, observational studies, and experiments.
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If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???
Answer:
The consumers will pay more.
Explanation:
Should the production cost increase, the price of Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.
"To increase the welfare of producers, a subsidy is always
better than a price floor". Explain the validity of the statement
in 500 words and support with suitable diagram(s).
A subsidy is always preferable to a price floor in increasing the welfare of producers. However, this assertion is not universally valid and depends on specific market conditions and the objectives of the policy.
The validity of the statement depends on the context and goals of the policy. A subsidy directly provides financial assistance to producers, effectively lowering their costs and increasing their profitability. This can stimulate production, encourage investment, and support producers' welfare. In contrast, a price floor sets a minimum price that must be paid for a product. While it may protect producers from low prices, it can lead to surplus production and create inefficiencies in the market.
The diagram below illustrates the effects of a subsidy and a price floor on the supply and demand equilibrium in a market:
In the diagram, the initial equilibrium is represented by the intersection of the supply (S) and demand (D) curves. When a subsidy is implemented, the supply curve shifts downward by the amount of the subsidy, resulting in an increase in quantity supplied (Q1 to Q2) and a decrease in price (P1 to P2). This benefits producers by reducing their costs and increasing their revenue.
On the other hand, implementing a price floor sets a minimum price (Pf) above the equilibrium price. This leads to a decrease in quantity demanded (Q1 to Q3) and an increase in quantity supplied (Q1 to Q4). The surplus (Q4 - Q3) represents excess production that is not demanded by consumers, which can result in wasted resources.
While the subsidy generally appears more favorable for producers' welfare, it is important to consider the broader consequences and potential distortions caused by both policies. Market conditions, the elasticity of supply and demand, and the overall goals of the policy should be taken into account when determining the most appropriate approach to support producers' welfare.
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George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent
A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.
What debt-to-income ratio is too high?Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.
What is the easiest debt-to-income ratio for a mortgage?Ideal debt-to-income ratio for a mortgage
In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.
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https://brainly.com/question/26258146#SPJ4why is it that when the price of an original good rises we tend to purchase more substitute goods and fewer complementary
When the price of an original good rises, people turn to substitute goods which offer a similar service at a lower cost, and reduce the amount of complementary goods due to their increased cost.
The Impact of Price Increases on Substitute and Complementary GoodsWhen the price of an original good rises, people tend to purchase more substitute goods and fewer complementary goods because substitute goods can provide a similar service or product at a lower cost. Additionally, when the price of an original good increases, the price of complementary goods also increase, making them less affordable. This is why people tend to purchase more substitute goods and fewer complementary goods when the price of the original good rises.
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Senior management has assessed all identifiable risks to the achievement of the organization's objectives in terms of both probability and potential effect. The most likely next step is to
A. Adopt the ISO 9000 framework to ensure process quality.
B. Rank the identified risk areas.
C. Enter into electronic data interchange (EDI) arrangements with the organization's most important suppliers.
D. Assign the task of ranking the identified risk areas to the internal audit activity.
The most likely next step, after assessing all identifiable risks to the achievement of the organization's objectives in terms of probability and potential effect, would be to B. Rank the identified risk areas.
Ranking the identified risk areas allows the organization to prioritize and focus on the risks that are considered most significant or have the highest potential impact. By ranking the risks, senior management can allocate resources and develop strategies to address the most critical risks first.
The other options presented (A, C, and D) are not directly related to the immediate next step after assessing risks. Adopting the ISO 9000 framework relates to process quality but may not be the immediate focus after risk assessment. Entering into electronic data interchange (EDI) arrangements with suppliers and assigning the task of ranking risks to the internal audit activity are specific actions that may be considered at a later stage in response to identified risks, but they are not necessarily the most likely next step after risk assessment.
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After a job interview, you should _____.
A. Celebrate
Write a thank you letter
call the interviewer immediately to see if you got the job
call your friend to tell them about the interview
Answer:
I think that after a job interview you should call your friend and tell them about the interview you should not celebrate because you don't know if you've gotten the job and if you call your friend they might give you hope on getting the job
Example metrics of success for usability testing
Usability testing is a critical aspect of the user-centered design process that aims to evaluate the effectiveness, efficiency, and satisfaction of a product. Some example metrics of success for usability testing include task completion rate, time on task, error rate, user satisfaction, and user retention rate.
To measure the success of usability testing, it is important to define relevant metrics that reflect the goals of the testing process. Task completion rate measures the percentage of users who can complete a specific task successfully, while time on task evaluates the amount of time users take to complete a task.
Error rate measures the number of errors users make while completing a task, and user satisfaction assesses how satisfied users are with the product. Finally, the user retention rate evaluates the percentage of users who continue to use the product after the testing process. By tracking these metrics, usability testers can determine the effectiveness of their design choices and make informed decisions to improve the product.
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Lana applies for a firefighter’s job with Metro City, which responds with a letter setting an appointment for a medical exam. The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is​
Answer: a unilateral contract that Lana can accept by passing the exam.
Explanation:
A unilateral contract is a form of contract agreement whereby the offeror promises to do a particular thing or pay a certain amount after a specified action has occured.
In this scenario, Metro City would only give an employment offer to Lana if she passes her exam. This is a unilateral contract that Lana can accept by passing the exam.
2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation:
You work in a deli. Your busiest time of the day is the lunch hour rush, when many working people from nearby factories and businesses come to grab something quick to eat. Unfortunately, a new fast food restaurant is opening up next door to your deli. How can you avoid losing your lunch customers to this new competitor? 2.1Offer a solution to the problem described in the scenario by evaluating it against the eight (8) step problem-solving process.
To avoid losing your lunch customers to this new competitor, you need to develop a marketing and promotion plan to help attract and retain customers.
A solution based on the eight-step problem solving process would be:
Step 1 - Problem definition:
Entry of a new competitor in the market.Step 2 - Problem clarification:
A new fast food restaurant is opening next to its Delicatessen, which could pose a threat to the company as the main customers are workers from nearby companies who come for a quick bite to eat.Step 3 - Set goals:
The goals according to this scenario could be:
Maintain or increase monthly billing.Increase the company's revenue in the morning.Prospect new customers from social media.Step 4 - Identify the root cause of the problem:
The root cause of the problem is the fact that workers have the need for greater speed, which can be an opportunity for the fast food restaurant.Step 5 - Develop the action plan:
adapt your product to the customer's needs.provide discount coupons to the customer.create loyalty cards that guarantee 50% discounts for every 5 meals.create a delivery app.Step 6 - Execute the action plan:
The execution of the action plan is the stage where communication channels will be used to transmit your advertising.For each customer who goes to eat at Delicatessen, you can distribute loyalty cards and a discount coupon as a thank you.Staff training is also needed to make delivery of meals to the customer faster.Step 7 - Results evaluation:
In this step you should analyze the results of the new marketing actions implemented, observing the billing rates and customer behavior data.Step 8 - Continuously improve:
In the last step, therefore, it is necessary to identify and correct the possible flaws in the action plan in order to fix them and generate strength for quality and value creation for the customer through the services offered at the restaurant.Learn more here:
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Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff". Billy works pretty hard at landscaping jobs. He's only in the 8th grade, but has goals to get a car, go to college and buy a big house. What advise do you have for him?
Answer: See explanation
Explanation:
Based on the information given in the question, the advise for Billy is that he should save his money rather than purchasing things that are useless.
He has goals to get a car, go to college and buy a big house but he's rather spending on useless stuff. This will make his goals harder to achieve but saving the money for future purpose is essential to achieve his dreams and meet other demands.
give four reason as to why being an entrepreneur is beneficial than a doing a job
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
The federal reserve can affect you through
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
rocky mountain bottling company produces a soft drink that is sold for a dollar. at production and sales of 1,000,000 units, the company pays $700,000 in production costs, half of which are fixed costs. at that volume, general, selling, and administrative costs amount to $300,000, of which $50,000 are fixed costs. what is the amount of contribution margin per unit?
The difference between the selling price per unit and the variable cost per unit is the contribution margin per unit. In the breakeven analysis, which is also known as the cost-volume-profit analysis.
This is used to calculate the breakeven point.
How is commitment edge determined?
Commitment edge is determined as Income - Variable Expenses. The commitment edge proportion is determined as (Income - Variable Expenses)/Income
What is commitment edge versus gross edge?
Commitment edge considers just the variable expenses of making an item or administration, while gross edge thinks about all immediate expenses of creation.
First, figure out all of the variable costs.
($800,000 x 0.50) plus (250,000 - 70,000) equals $580,000 in variable costs.
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