the manufacturer has put in place a price discrimination policy, where it charges its household customers more per unit than it
charges its industrial users. the manufacturer wants to keep the retailer from arbitraging away the profits from the policy. the manufacturer should a. vertically integrate into the retail operations in the household market b. vertically integrate into the retail operations in the industrial market c. reward the household market retaile
The manufacturer wants to keep the retailer from arbitraging away the profits from the policy. the manufacturer should vertically integrate into the retail operations in the household market . Thus , Option A is correct.
What is Price descrimation?
A selling tactic known as pricediscrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group.
When a seller discriminates on pricing, each consumer pays a different price for the same good or service.
The basis for price discrimination is the seller's conviction that specific groups of customers can be requested to pay more or less depending on their demographics or how much they value the goods or service in question.
Incomplete question. I answered from a general economic standpoint.
Answer:
<u>stay the same; decrease</u>
Explanation:
<em>Remember</em>, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not <u>unemployed</u>. This, therefore, implies that the unemployment rate will stay the same.
The labor force participation rate in simple wordsrefers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because <u>they may perceive they''ll earn less.</u>