Marginal cost

Firms use the many price discrimination techniques one of them is called 2-part tariff which capture all or most of the consumer surplus, in a monopolistic market. Consumer surplus is the difference between the consumer willingness to pay for a good, compared to the total amount the consumer actually pay. Furthermore, firms have to adjust their 2-part tariff pricing according to the type of consumer demand present in the market. A 2-part tariff is a second-degree price discrimination technique…

(2017). Effects among product attributes, involvement, word-of-mouth, and purchase intention in online shopping. Asia Pacific Management Review. Hsieh, Y. C., Hsieh, J. K., & Yi-Chu, F. (2011). Switching between social media: The role of motivation and cost. In 2011 2nd International Conference on Economics, Business and Management (Vol. 22, pp. 92-96). Kaufmann, H. R., Panni, M. F. A. K., & Orphanidou, Y. (2012). FACTORS AFFECTING CONSUMERS'GREEN PURCHASING BEHAVIOR: AN INTEGRATED CONCEPTUAL…

"Making money is not like I thought it would be. This business kills the part of life that is essential. The part that has nothing to do with business." (The Big Short). There is nothing bad about making money. Money is crucial to live in this world. However, people is greedy; they will not stop when they have enough money to live. They will continue to make more and more money; until they are finally consumed by the material obsession. Their life, "the part has nothing to do with business",…

5. CREATIVE PHASE Table IV Functional Development to Cost (An Incline) Function Creative Ideas & Development Estimated Cost (Rs) Provide Surface 1) Change the material to Mild Steel 40 2) Change the copper to brass 70 3) Combine function of bracket 85 (For sliding surfaces, copper facilitates lu-brication & high con-ductivity.) (A) The existing cost of the Incline + Bracket assembly = 112…

one week print subscription for $15.40, while offering unlimited digital access for $ 8.75. The low setup costs of digital version enabled NYT to price it low and the high (52%) production and distribution costs of print forced NYT to charge a premium amount. This difference in price arose from the fact that company could afford to decrease the print circulation, thereby saving on operating costs and improving on advertising volume, with the introduction of digital subscription. Why is the…

There were five cells observed while conducting the experiment. The five cells consisted of cardiac muscle, elodea (a plant), paramecium (a protist), rhizopus stolonifer (bread mold, a fungus), and Bacterial cells (bacilli). Each cell was observed under high power lens (except for rhizopus stolonifer) with a total magnification of 400μm and a dFOV of 400μm. The estimated object size, scale bar, and drawing magnification of each cell was found except for cardiac muscle. Each cell appeared much…

Larger pickers with longer boom arms will cost more than shorter ones. Consider the height from which you want to film carefully before choosing. However, you may also have to pay for the delivery and pickup of the picker, so that will add at least $100 to the bill. A budget of $500-$700 is appropriate…

Veneer For Fixing Your Chipped Tooth If you have a chip in your front tooth, you don't have to let it ruin your smile. Your dentist can repair it with a veneer or dental bonding. Here are some tips for deciding which option is best for you. Compare Cost If you're on a tight budget, then dental bonding may be the best option for you. Bonding begins at around $100 per tooth, and the price of a veneer begins around $500. There is a wide price difference because of the way the two procedures are…

Total Installation Cost For Kratfmaid Cabinets Kraftmaid is Famous for their durability And design many desire to know the cost of installing and purchasing their cabinet collection. The whole price of your cabinetry will be based on the cabinet's options which the manufacturer is currently offering. The dimensions of the cabinet and your kitchen will matter. A Kraftmaid Cabinet's price Is $100 to $200 per foot that is linear. A homeowner could spend around $5000 to $25000 based on the timber…

identify why Andrews Company ended up trailing compared to their competitors. For instance, the company’s forecasting was wrong for the following year and they ended up having too much inventory on hand. It was also noted that their material cost and labor cost was high, and the price of the product was low – leading to a low contribution margin. In contrast, competitors with the same prices of product in the same…