Acmell Lawnmowers Inc. sells its mowers to retailers at different prices depending on whether they are independent stores or members of a national chain. In this scenario, the companyindulges in _____
a. penetration pricing
b. price skimming
c. price discrimination
d. predatory pricing
ANSWER: c
Acmell Lawnmowers Inc. indulges inprice discrimination. Price discrimination refers to a seller charging different prices to different customers for the same product.
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A firm's current assets equal $40,000; its fixed assets are $200,000; its current liabilities are $20,000; and its fixed liabilities are $80,000 . What is its net worth?
a. $40,000 b. $60,000 c. $140,000 d. $240,000
Describe the differences between level, chase, and mixed production plans. Use the forecast in the table to show the differences by creating a plan of each type
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