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

Aled feeds his pet cat of a can of cat food each day. How many cans of cat food should Aled buy each week
English Write a letter to your friend wishing him or her happy birthday. ​
Find x in each figure (assume the segment across the triangle is parallel to the third side)
What are rational numbers and irrational numbers? please use simple language.
Whic type of “cell” is the most commonly used to convert solar energy into electricity
what is radical and how to use it
what is the theme of the soul of the great bell
While completing a practice test online, Jalisa answered 14 out of 20 questions correctly. If the ratio of correct to total questions remains constant, how many
Use the drawing tools to form the correct answer on the number line. Graph the solution set to this inequality. -2z+9≤ 5z - 12 Drawing Tools Select Point Open P
A cone has a height of 10 meters and a radius of 7 meters. What is its volume