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Discuss which type of pricing (cost-plus or target costing) that you feel would be more accurate in determining the selling price for products as it relates to your future career.Your journal entry must be at least 200 words in length. No references or citations are...
As markets for some products and services experience greater global competition, what is the likely consequence for the incidence of price discrimination? Do you think global competition fosters or impedes price discrimination? Can you give any examples from your own...
A bar offers female patrons a lower price for a drink than male patrons. The bar will maximize profits by selling a total of 200 drinks (a night). At the current prices, male customers buy 150 drinks, while female customers buy 50 drinks. At this allocation between...
Although there is relatively little difference in the cost of producing hardcover and paperback books, these books sell for very different prices. Explain this pricing behavior
Price discriminate sounds like a socially “bad” thing. Can you think of any reasons why price discrimination could be viewed as a socially “good” thing?
Word-Tech is a medium-sized firm that designs and manufactures electronicsystems for the mass transit industry. It competes with other firms to win contracts toprovide such systems. When Word-Tech receives a contract, it creates a project tocomplete the work. Most...
