Question 1a Assume you have been appointed as the new marketing manager for Ekumfi Fruits and Juices Limited, a producer of Ekumfi Pure Juice in Ghana. The company has the possibility of discriminating between its Local and Foreign markets. To help you determine the prices of the products appropriately in order to maximise profit, you engaged the services of an economist who estimated the demand functions for both Local and Foreign market as: P1 = 120 – 5Q1 Local Market P2 = 200 – 20Q2 Foreign Market where Q1 and Q2 are the respective quantities of Ekumfi Pure Juice demanded in Local and Foreign markets and P1 and P2 are their respective prices (in GH¢). If the Average Cost (AC) of Ekumfi Fruits and Juices Limited for producing Ekumfi Pure Jiuce for these two markets is given as AC = 35/Q + 40, where Q = Q1 + Q2. i. What profit will Ekumfi Fruits and Juices Limited make with and without price discrimination? 10 marks ii. What business advice will you give in respect of practicing price discrimination or selling a uniform price? 1 mark iii. If price discrimination is the option to implement within the context of elasticity of demand, what pricing policy should be implemented in each market to raise total revenue? 4 marks Question 1b Cassava is the main commodity in the economy of Makandingi. Given the hardship in the economy, the government increased the salary of all employees in Makandingi. Following this intervention, the number of cassava producers also increased in the community. In a class discussion, Barnabas said these two events would result in an increase in equilibrium price of cassava. Francis, on the other hand, argued that the price would rather decrease. With the aid of a diagram, explain the possible effects of the two events on equilibrium price and quantity, assuming the salary increase has a greater impact and cassava is a normal good.

Answers

Answer 1

Price discrimination is a pricing strategy in which a company charges certain customers or groups of customers different prices for the same good or service. Price discrimination aims to increase profits by snatching up more consumer excess.

By classifying clients into separate groups and charging each group a price that maximises its profit, it is possible to make money via price discrimination. This tactic is based on the variations in price elasticity of demand among different consumer segments.

Without price discrimination, the business might set a single price for the middle-of-the-road product in an effort to appeal to both client groups.

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Related Questions

states may regulate private activities to protect or promote the public order, health, safety and general welfare pursuant to their....

Answers

States may do the above pursuant to the police powers that they have been vested by the Constitution.

The Constitution allows States the power to be able to regulate the activities of private firms as well as her citizens so as to provide for the general welfare of the people.

They exercise this power by making laws that:

Regulate public order and what is expected of citizens Regulate private businesses to ensure they act in the best interest of the people Regulate health and safety codes to preserve life

To enforce these police powers, states have courts and security agencies.

In conclusion, states may regulate private activities for the good of the people according to their powers of police.

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reference is macmillan learning achieve macroeconomics
1. If the frictional rate of unemployment is 1%, the structural rate of unemployment is 2.1%, and the total unemployment rate is 7%, then we can conclude that:
A) the cyclical rate of unemployment is 3.1%.
B) 7% of workers in the labor force are underemployed.
C) the economic growth rate is –7%.
D) the equilibrium rate of unemployment is 3.1%.

Answers

The correct option is D. It is the natural rate of unemployment at the long-run equilibrium. It is 3.1%. It is the sum of frictional unemployment and structural unemployment only.

Unemployment and the popularity of the economy may be influenced by the aid of a country through, for example, monetary policy. moreover, the economic authority of a country, including the valuable bank, can affect the provision and value of cash via its economic coverage.

Further to theories of unemployment, some categorizations of unemployment are used for more exactly modeling the results of unemployment inside the monetary machine. a number of the principal varieties of unemployment consist of structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment, and classical unemployment. Structural unemployment focuses on foundational troubles inside the economy and inefficiencies inherent in exertions markets, which include a mismatch among the delivery and call for workers with important ability units. Structural arguments emphasize reasons and answers associated with disruptive technology and globalization.

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Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends. by lecturer Evaluate a technique whereby businesses are able to calculate customer's lifetime value.

Answers

Businesses can calculate customer lifetime value (CLV) using various techniques. CLV is a predictive measure that estimates the monetary value a customer will generate for a business over their entire relationship. This calculation helps businesses make strategic decisions regarding customer acquisition, retention, and marketing efforts.

One commonly used technique to calculate CLV is the historical customer value method. This approach involves analyzing past customer data, including purchase history, average transaction value, frequency of purchases, and customer retention rates. By examining these variables, businesses can estimate the potential revenue that a customer will generate over their lifetime.

Another technique is the predictive modeling method, which uses statistical algorithms and machine learning to forecast CLV. This approach takes into account a broader range of variables, including customer demographics, behavioral patterns, customer satisfaction scores, and engagement metrics. By leveraging predictive modeling, businesses can make more accurate and personalized estimations of a customer's lifetime value.

The calculation of CLV enables businesses to prioritize their resources and investments, identify high-value customers, and tailor their marketing strategies accordingly. By understanding the long-term value of customers, businesses can focus on building customer loyalty, providing exceptional customer experiences, and optimizing customer acquisition efforts. Additionally, CLV analysis helps businesses evaluate the effectiveness of their marketing campaigns, customer retention initiatives, and overall business performance.

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Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting

Answers

Answer:

0%

Explanation:

Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels

the effect of an increase in the price level on the aggregate-demand curve is represented by a

Answers

Answer:

movement to the left along a given aggregate-demand curve.

Explanation:

name four commercial services which are useful to a manufacturer​

Answers

I don’t know but you will get it

For a motive power installation, two options of electric motors with 200CV are being considered
using a bank loan at an interest rate of 7% per year: motor A that consumes 160 kW of power
electric and costs 4800€ or; motor B which consumes 155 kW and costs €5800. Engines run for 1600 hours
per year with electricity costing €0.09/kWh. For a useful life of 15 years, coinciding with the duration of the
loan, calculate the savings that can be achieved with the most economical option versus the least economical.
Correct answer is 5558 euro

Answers

In the given question, the two options for a motive power installation are being compared on the basis of electricity consumption and the cost of the electric motor. Electric motor A consumes 160 kW of power and costs 4800€, while motor B consumes 155 kW and costs 5800€. Given that the engines run for 1600 hours per year with electricity costing €0.09/kWh, we can calculate the annual cost of running each motor:

Cost of running Motor A = 160 x 1600 x 0.09 = 23040€

Cost of running Motor B = 155 x 1600 x 0.09 = 22320€

Thus, the cost of running motor A is higher than that of running motor B by 720€ per year. This may not seem like a significant difference, but over a useful life of 15 years, this can add up to substantial savings. Assuming that the interest rate remains constant at 7% per year, the savings that can be achieved by choosing the more economical option (Motor B) can be calculated as follows: Savings per year = Cost of running Motor A - Cost of running Motor B = 720€ per year Present Value of Savings over 15 years = Savings per year x [1 - (1 + r)-n / r]= 720 x [1 - (1 + 0.07)-15 / 0.07]= 720 x 7.119= 5124.48€

Thus, by choosing the more economical option (Motor B), a total saving of 5124.48€ can be achieved over the 15-year useful life of the motor, which coincides with the duration of the loan.

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What is the first step that he should follow in order to show only the records for items that were sold for more than $1.99?

He should select the Price Paid field and right-click on it, then choose Number Filters.
He should go to the Design tab, click on Group and Sort, then click the Price Paid field.
He should go to the Arrange tab, click on Group and Sort, then choose Number Filters.
He should select the Price Paid field and highlight it, then click on the Filter tab.

Answers

Answer a is the correct answer

Homeowners who fail to make mortgage payments can have their house taken away through foreclosure.

A. True

B. False

Answers

Answer:

True

Explanation:

Hope this helps

Answer:

a

Explanation:

________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. ________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. Company advertising Institutional advertising Pioneering advertising Advocacy advertising

Answers

Answer:

Pioneering Advertising

Explanation:

Pioneering advertising is the advertising campaign of the new product that should compete the single product by having a developed market place. The motive of this type of advertising is that to inform the consumers with respect to the arrival of the new innovation in the product along with the description of its benefits

So according to the given situation it represents the pioneering advertising

When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.

Answers

Answer:

b. social benefits will be greater than private benefits

Explanation:

Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.

This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.

An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.

So it is correct to say that the social benefits will be greater than the private ones. Letter b.

Which are examples of a service business? (Check all that apply)
Ford Dealership
Southwest Airlines
Procter & Gamble
McDonalds

Answers

Answer: Southwest Airlines, Ford Dealership & McDonalds

Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

What does a wholesaling company do? A. Sell products to individual consumers B. Sell products to companies that plan to resell them C. Manufacture products and sell them to retail companies D. Transform land into capital.

Answers

Answer:

Explanation:

B. Sell products to companies that plan to resell them

According to the sentences, a wholesaling company can include option B: Sell products to companies that plan to resell them.

What is Wholesale companies about?

A wholesale companies refers to as the firms that sell the large quantities to the retailers who sold these goods to the ultimate customers.

The whole-sellers buy the goods from the manufactures in bulk at a discount. They also helpful for providing cost savings to the retailers at the time they buy in bulk.

Therefore, correct option is B.

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“Creditors do not actually have to worry about their dues in case the business fails.” In which form of business is this possible? Which special feature is highlighted in this statement ?

Answers

Answer:

sole proprietorship

Explanation:

In simple words, Unique property could be described as a business framework controlled and run by a single individual, therefore there is no separate legal entity and his corporation. It is a form of basic business framework, which is usually used for individuals who start up some sort of corporation.

This is therefore the greatest suitable form of business for the statement of the problem, because in this framework there is really only one proprietor in the corporation who ensures his ultimate responsibility with all earnings, debt obligations and failures underlying in the commercial enterprise.

Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.


-tasks

-skills

-tools

-qualifications

Answers

Answer:

are a - tool - construction workers use

the answer is tools

what would you like to learn or put into practice right now to prevent dealing with the same financial challenges in the future?

Answers

Here are a few key steps you can take:

Financial Education: Invest time in learning about personal finance, budgeting, saving, investing, and other relevant topics. Strengthening your financial literacy can help you make informed decisions and avoid common financial pitfalls. Budgeting and Financial Planning: Create a comprehensive budget to track your income, expenses, and savings. Set financial goals and develop a plan to achieve them. Regularly review and adjust your budget to align with your changing circumstances. Building an Emergency Fund: Establish an emergency fund to provide a financial cushion in case of unexpected expenses or emergencies. Aim to save three to six months' worth of living expenses in a separate savings account.

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Select the correct answer.
Which statistical concept signifies the average of all the variations from the mean?
A.
comparative mean
B.
constant mode
C.
standard deviation
D.
average deviation

Answers

Answer:

option D average deviation is correct

Explanation:

average deviation tells average of variation from the mean

Answer:

C standard deviation

Explanation:

plato also states in the notes that standard is correct and internet checks with me

The sarbanes oxley act blank______. multiple choice question. is all it takes to create an ethical culture in an organization

Answers

The Sarbanes-Oxley Act does not guarantee the creation of an ethical culture in an organization.

The Sarbanes-Oxley Act (SOX) is a legislation enacted in the United States to improve corporate governance, financial transparency, and accountability in public companies. While SOX has significantly enhanced corporate governance practices and imposed stricter regulations on financial reporting, it is not the sole determinant of an ethical culture in an organization. Ethical culture encompasses a broader set of factors, including leadership commitment to ethics, ethical decision-making processes, organizational values, and the behavior of individuals within the organization. Building an ethical culture requires ongoing efforts such as ethical training programs, effective communication of ethical expectations, and fostering a supportive environment for ethical behavior. SOX can be an important tool in promoting ethical practices, but it is not the sole solution for creating an ethical culture in an organization.

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Utilizing your research notes, imagine you are a business manager and you must create a brief step-by-step problem-solving guide to be used by your employees. The guide should outline the steps in the problem solving process and provide a few details as to how an individual could approach each step. The guide should be no more than one page. Be sure to explain the value of collaboration and teamwork within the workplace.

Answers

Answer:

Define the problem

Analyze the affects of problem on the business

Generate list possible solutions to it.

Evaluate each alternative.

Implement a solution that is best fit

Monitor the results

Explanation:

There are six steps in problem solving. As a business manager one should understand all these steps to immediately counter a problem and progress for business success. The business manager should first define the problem and analyse the affects that it may cause to the business operations. He should then consider list of possible solutions which can solve the problem without any harm to business activities. The best possible solution to the problem should be selected and then it should be implemented to solve the problem quickly. The progress of the problem solving should be evaluated.

Why do you think it is important for those who manage operations functions to understand project management techniques?.

Answers

Answer:

The Operations function is an intricate part of the project pursued by the company. They help to identify the location of the facility, help to determine the material which needs to be procured as well as help in setting up the new process if any related to project. The knowledge of Project management technique helps the people in Operations function to deploy the tools and systems to better support the project need. Example: The use of Microsoft Project can help to plot the different activities and determine the critical path along with activities

Explanation:

It helps to ensure that project is carried out as per priority so that there is no delay. The other techniques like Scrum, Agile etc. are also important to inculcate flexibility and adaptability within team members. So, in all, the knowledge of Project management is very critical for the Operations function.

Who do YOU like more
Joseph Biden or Donald Trump?
Please answer with you honest opinion.​

Answers

Answer:

Explanation:

Joseph biden

Has anyone here ever witnessed an aurora borealis? Our tour guide asked. Write correctly

Answers

"Has anyone here ever witnessed an aurora borealis?" our tour guide asked.

The original sentence is a question and is grammatically correct. The sentence starts with the auxiliary verb "has" in present perfect tense, followed by the subject "anyone", the adverb "here", and the main verb "witnessed". The sentence ends with a noun phrase "an aurora borealis", which refers to a natural phenomenon that occurs in the polar regions. The sentence is written in indirect speech, where the tour guide is asking if anyone in the group has seen an aurora borealis before. The sentence structure is appropriate for the context of a guided tour, where the guide is trying to initiate a conversation and engage the audience.

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A graph titled Funding for House Elections 2011 to 2012 shows parties on the horizontal axis and dollars (hundreds of millions) on the vertical axis. Approximately 610 of Republican funding was total raised, 200 was P A C funding, and 350 was individual funding. Approximately 490 of Democratic funding was total raised, 165 was P A C funding, and 290 was individual funding.
Look at this graph, showing funding for campaigns for election to the House of Representatives, 2011–2012.

What is the most logical conclusion that can be drawn from this graph?

Both parties are dependent on raising huge sums of money to fund their House campaigns.
PAC spending is not a significant factor when it comes to raising money for House campaigns.
The Democrats will always raise more money for House campaigns from individuals than the Republicans will.
Campaign funding laws have reduced the amount of money needed to fund House campaigns.

Answers

Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.

Explanation:

Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.

Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.

Answer:

A

Explanation:

Please help! :)
Arbitration and mediation are usually faster and less expensive than litigation.
True
False

Answers

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

any two importance of office resources​

Answers

Two importance of office resources are greater output and promote productivity .

What are office resources ?

All of the resources and amenities found in an office, including people, tools and supplies, furniture and equipment, cash, modes of transportation, and communication, are referred to as office resources. These resources are used to help the organization achieve its goals.

Two improtance of office resources are:Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.It helps to promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.

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A seattle-based software firm, sysco, was growing rapidly and hiring frequently, but it primarily focused on campus recruiting at two washington universities, uw and seattle university. When one 45-year-old candidate did not get an interview after a phone screening, he went to the company’s website and noted all of the young people in charge, so he filed a lawsuit under the.

Answers

Answer: Age discrimination in Employment Act

Explanation:

Age discrimination in employment is the lawsuit filed by the individual.

What is Age discrimination in employment?

A United States labor legislation known as the Age Discrimination in Employment Act of 1967 prohibits employment discrimination against anyone who is at least 40 years old in the country.

Younger, less qualified workers gaining greater opportunities and promotions; older workers being unfairly let go and excluded from activities; and others presuming they don't comprehend technology are typical examples of ageism in the workplace.

Age discrimination occurs when a candidate or employee is treated less favorably due to their age. Age discrimination against those who are 40 years of age or older is prohibited by the Age Discrimination in Employment Act (ADEA).

You should be aware, though, that age discrimination lawsuits are extremely challenging to win and that the evidence supporting age discrimination is frequently more elusive than that supporting discrimination based on other factors, including race or gender.

Managers carefully select senior personnel whose expertise and qualifications warrant more pay than younger staff because the company may need to downsize. Older workers should be let go to reduce labor expenditures.

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Which of these is a reason a closed culture is
more thoughtful about change in the
organization?
A. Change takes much longer in large organizations.
B. Ideas for change are debated in large organizations.
C. Hierarchy makes change impossible in large organizations.

Answers

Help me with my question posted and I’ll help with yours

if you're using the high rate method, which debt do you focus on first after you've made all of your minimum payments?

Answers

The debt that you would focus on first after all of your minimum payments is that of the loan, when using the high-rate method.

When applying the highest interest technique, you would prioritize paying off the loan with the highest interest rate first and just make the minimum payments toward the other debts. List your credit card debits first, disregarding balances, in the order of lowest interest rate to highest interest rate.

Next, make the minimum payments on all other bills while paying off the loan with the highest interest rate first. Continue with the debt with the next highest interest rate when that one is paid off. This approach will enable you to pay off your obligations more quickly and save you the most money on interest fees.

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Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years, will he have enough money to buy a car that costs $13,1047 if another bank will pay Jim 14% compounded semiannually, is this a better deal? After 2 years, Jim will have $ (Round to the nearest cent as needed) CD Two cyclists are 7 miles apart when they begin biking away from each other inopposite directions. The speed of the first cyclist is 12 milesper hour. The speed ofthe second cyclist is b miles per hour greater than the speed of the first cyclist.How manymiles does the second cyclist bike in 45 minutes? A patient with ovarian cancer has developed metastatic disease, which is most likely a result of A.inhibition of growth factors B.natural cell death C.incomplete penetrance transformations D.multiple gene mutations what is circle geometry What do you need to know when evaluating a source for your research? What does "-zoic" in the eras of the geologic time scale refer to? 1. Differentiate. Do Not Simplify. [12] a) f(x) = 3 cos(x) - e-2x b) f(x) = 5tan(77) cos(x) = c) f(x) = d) f(x) = sin(cos(x2)) e) y = 3 ln(4 - x + 5x2) f) y = 5*x5 if monetary authorities ease credit or money,A. interest rates will riseB. Unemployment will riseC. Tax rates will riseD. The money supply will rise.E. The gold supply will rise Fill in the blank according to the story. En la mesa hay varios trozos de __________. lapicero madera mesa bolsa differentiate between hypothesis and Theory which of the following types of fitness-related businesses is defined as for-profit facilities that offer fitness services as well as raquet sports, pools, and gymnasiums? Which type of investigation is lised to compare two subiects?ComparativeExperimentalDescriptive Dagne measures and finds that she can do a vertical jump that is 27.5% of her height. If Dagne can jump 13.2 inches, how tall is she? What can you do to have "safe sex"??? DONT REPORT IT ITS FOR MY HEALTH CLASS!!!!!!! the presence of a painless lump or nodule on the thyroid gland should raise the suggestion of: a. hyperparathyroidism. b. hypoparathyroidism c. hypoglycemia. d. cancer of the thyroid gland. Explain why water has the highest boiling point among similar substances such as hydrogen sulfide What might the repetition of space illustrate in The Time Machine? List each Triage Patients either emergent, urgent, semi urgent and minor!A building under construction collapsed in a major urban area during rush hour.Triage Patients:1. A 42-year-old male who was in a car accident and has a severe headache, stiff neck, and nausea.2. A 17-year-old male with a sore arm after colliding with a woman on a bicycle. He is having trouble moving it but no cuts or broken bones are seen with the eye.3. A 28-year-old female was hit in the head by debris. She is unconscious but breathing and has a bleeding wound on the back of her head.4. A 37-year-old female is having difficulty breathing and her eyes are watering as a result of exposure to dust from the collision. Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of Group of answer choices vagueness. extortion. ambiguity. For general projectile motion, the horizontal component of a projectile's velocity aSelect one:O a. continuously increases.O b. continuously decreases.O c. is zeroO d. remains a non-zero constant.O e. any of the above, depending on position.