Service providers like cable companies have tiered pricing and also charge their customers according to a schedule of fees. Sometimes customers are able to negotiate for a lower price by getting fees or service charges waived for a certain amount of time if they contact customer service and threaten to cancel their service. The flexibility on the part of service providers is an attempt to practice:_________

Answers

Answer 1

The flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.

A Price discrimination is a pricing strategy that tends to charges consumers different prices for similar goods or services.

Here, because of the customer negotiate for a lower price with threat to cancel the service if not agreed encourages price discrimination because the firm will not want to lose customer.

Therefore, the flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.

Read more about Price discrimination:

brainly.com/question/17272240

Related Questions

A local university has 6 faculty members for every 150 students. How many faculty members are needed for 9,575 students?

Number of faculty members

What’s the answer?

Answers

150/6=25 9575/25=383
Answer = 383

Each of the following solutions were developed to lessen an asymmetric information problem. Sort each solution into the problem it aimed to address.
a. a health screening to determine acceptance into a health insurance plan.
b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.
c. a video monitoring system in your home while your babysitter is there.
d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.
1. Adverse selection
2. Principal-agent

Answers

The following are solutions to adverse selection:

a. a health screening to determine acceptance into a health insurance plan.

b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.

The following are solutions to principal-agent problem:

c. a video monitoring system in your home while your babysitter is there.

d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.

Asymmetric information is when one of the parties in a transaction has more information than the other parties in the transaction.

Adverse selection is an effect of asymmetric information. This is when the party with more information takes steps to their advantage to the detriment of other parties. The principal-agent problem occurs when the interests of a public company's managers and shareholders are not aligned.

To learn more, please check: https://brainly.com/question/15901236

Knowledge Check 01 Transactions that result in significant investing and financing activities but that do not involve cash are reported either directly after the statement of cash flows or in a note to the financial statements. Group startsTrue or False

Answers

It is TRUE that the significant non-cash investing and financing activities transactions, which cannot be reported in the statement of cash flows, are reported after the statement or in a separate note to the financial statements.

Some of the significant non-cash investing and financing activities include the issuance of stock for long-term assets or debt retirement and purchasing long-term assets with long-term notes payable.

Thus, these significant non-cash investing and financing activities cannot be reported in the statement of cash flows but require separate disclosure.

Learn more: https://brainly.com/question/17257003

Other Questions

Determine the number of solutions in this equation:5x + 3 - 3x = 2 ( x + 3 ) - 5 The area of the regular hexagon is 169. 74 ft2. A regular hexagon has an apothem with length 7 feet and an area of 169. 74 feet squared. What is the perimeter, rounded to the nearest tenth? 24. 2 ft 28. 3 ft 48. 5 ft 56. 8 ft. Which of the following is a type of liability?A. A revenue streamB. A liquid assetC, Accounts payableD. Accounts receivablePlease select the best answer from the choices providedAB. D Beaches are monitored to protect public health. Waterborne pathogens can cause illnesses. Which of the following ways can pathogens enter coastal waters? Leaking sewer pipes and untreated wastewater Precipitation through the water cycle The changing of low tide to high tide Through the interactions of marine organisms and plants which option is more difficult to get a credit card or a card limit increase The arithmetic sequence 2, 4, 6, 8, 10,. . . Represents the set of even natural numbers. What is the 100th even natural number? a100 = What is the sum of the first 100 even natural numbers? S100 = Complete the sentence below with less than, greater than, or equal to. The sum of the first 100 even natural numbers is the sum of the first 101 odd natural numbers. como se llama la cancin de revista gimnastica que dice : one, two, three, four, five, six, seven, eight. What changes began in 1979 regarding the naming of hurricanes in the north atlantic basin? multiple choice question. A boat went downstream and traveled a distance in 3 hours. the return took 3 hours and 40 min. find the speed of the water current of the speed of the boat in still water is 18 Is this a function? please help me w my khan academy Paul is the neighborhood Peeping Tom.At night he goes into Mary's backyard and peers through her bedroom window as she changes clothes.While Paul gains sexual gratification in watching Mary change clothes,he is also violating the ________ statute. from which country did most immigrants to the 13 colonies come during the colonial era? How did early civilization influence modern society Knowledge Check 01 Transactions that result in significant investing and financing activities but that do not involve cash are reported either directly after the statement of cash flows or in a note to the financial statements. Group startsTrue or False Work out the equation ofthe line that goes through(3, 2) and (-1, 10) a toy car costing 500.00 is reduced by 10% in the sale how much does it cost now? 6x + 50 = 62What is x? Read the passage from "enemies from within. " it is the result of an emotional hangover and a temporary moral lapse which follows every war. It is the apathy to evil which people who have been subjected to the tremendous evils of war feel. As the people of the world see mass murder, the destruction of defenseless and innocent people, and all of the crime and lack of morals which go with war, they become numb and apathetic. It has always been thus after war. However, the morals of our people have not been destroyed. They still exist. This cloak of numbness and apathy has only needed a spark to rekindle them. Happily, this spark has finally been supplied. Which best states the meaning of the rhetoric mccarthy uses in this passage?. Te Presento A Ghandhi, Jackie, Shirley fill in the blank worksheet