Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same amount for souvenirs at the gift shop. which of the following explains why the museum price discriminates on admission but not souvenirs?
the entrance ticket is individualthe entrance ticket is collective
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same amount for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
During the most recent year, Osterman Company had the following dа ta:Units in beginning inventory - --Units produced 11,600Units sold ($48 per unit) 9,000Variable costs per unit: Direct materials $9Direct labor $7Variable overhead $3Fixed
Answers (1)
Will Jones, Pharoah is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $424 annual fee plus $11 per tax return for a license to use Mega Tax software.
Answers (1)
Bustillo Inc. is working on its cash budget for March. The budgeted beginning cash balance is $38,000. Budgeted cash receipts total $119,000 and budgeted cash disbursements total $113,000. The desired ending cash balance is $57,500.
Answers (1)
Harry's Pepperoni Pizza Parlor produced 10,000 large pepperoni pizzas last year that sold for $10 each. This year Harry's again produced 10,000 large pepperoni pizzas (identical to last year's pizzas) but sold them for $12 each.
Answers (1)
the price of dog leashes increased 5% and the quantity demanded of dog collars decreased 7%. calculate the cross-price elasticity of demand for dog collars. round your answer to the nearest hundredth.
Answers (1)
New Questions in Business
On September 1, 2021, Daylight Donuts signed a $188,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2022.
Answers (1)
When the Central Bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is A) following an expansionary monetary policy. B) following a contractionary monetary policy.
Answers (1)
Which types of food items have labor "built in" to their prices? a. make or buy items b. convenience items c. scratch items d. standard items?
Answers (2)
This is a type of individual retirement account that is usually not taxed when money is withdrawn from the account
Answers (1)
Last year, Goran had $30,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year.
Answers (1)