sablea
sablea sablea
  • 03-11-2017
  • Social Studies
contestada

How does price discrimination and elasticity relate?

Respuesta :

Topmadworld
Topmadworld Topmadworld
  • 03-11-2017
Hello there,
Price discrimination implies charging different price levels to different groups of consumers for the same product. But, price elasticity expresses the willingness and ability to pay or responsiveness of quantity to changes in price level; such that as elasticity increases consumers are willing to pay less for more.

Hope this helps :))

~Top
Answer Link

Otras preguntas

Who is the audience in the poem the road not taken
Reference values aimed at providing recommendations to reduce the risk of chronic disease is called ____________________.
Prove that :sin(A+B). sin (A-B) = sin² A-sin ² B .​
For those diagnosed with a panic disorder what is the source of their fear/anxiety? a. Being around enclosed spaces b. Having additional panic attacks c. Bein
What's the theme for henri de Toulouse-lautec at the moulin rouge, the dance 1890???
36 is what percent of 50? If necessary, round your answer to the nearest tenth.
What is the gear ratio (rear to front) of a bicycle that has 28 teeth on the rear sprocket and 58 teeth on the front sprocket?
A package of party favors contains 14 favors, of which 7 are glitter balls. What is the probability that a randomly selected favor will be a glitter ball?
100 POINTS Please Answer
(3x-4y)/(xy)=-8 (2x 7y)/(xy)=43