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If there are two different prices on an item which price is the store required to charge you?
Wiki User
∙ 12y ago
Go ask Mr.Kaake
Wiki User
∙ 12y ago
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What is price-fixing?
An agreement by different companies to charge the same price for products, rather than letting the market adjust normally based on supply and demand.
What are retail prices?
The retail price is what the shopkeeper charges the customer. For instance, apples on sale in a greengrocer will have a price label on them, that price label shows the retail price.
When salespeople charge different customers different prices for essentially the same automobile depending on how good the customer is at negotiating price?
I'm assuming you're asking whether salespersons give a different price to different people based on how much they think they can get from you. Yes, they do in most instances. Most used car dealerships do not have a price listed on their cars. This allows the salesperson, who knows how much the company paid for the car, to have control over how much they ask for the car based on the level of desire of the customer. It's not about your ability to negotiate, it's about how much they know you want it. On new cars, the price is usually listed, but dealerships often add a "regional marketing adjustment" to the MSRP that is pure profit. I worked in car sales for a few months at a dealership that did neither of the above. There are honest dealerships out there, but look out for these things.
How do you get a smiggle franchise?
By sending the business model which ideally would be different for different countries and coming up with a agreed price which will give us the rights to start this business sfter getting the training required. Hina
What is a price pack?
Price pack is a sales promotion strategy whereby products come with labelled prices on the packs. This is often used when there are price reductions to appeal to consumers.
Price per sq foot to clean?
it depends because in different places they charge different prices
What is price discrimination explain the basis of price discrimination?
Price discrimination occurs when producers charges different prices to different people for reasons not related to cost. There are generally 3 types.1st degree price discrimination - when you charge different prices to different individuals, depending on their willingness and ability to pay. This attempts to capture all the consumer surpluses. e.g. auction.2nd degree price discrimination - where prices differs when individuals purchase good in different quantities. e.g. the increment in parking charges for the 2nd hour will be lower than the first.3rd degree price discrimination - where prices are charged differently to different group of consumers, depending on the elasticity of demand. Generally the group that has an inelastic demand curve will face higher prices. e.g. bus fares for elderly vs children vs adults.
Price for Viagra 50MG 18 tablets?
You would need to consult your pharmacist as they each have, what we call in accounting, different Contribution Marginsthat is different pharmacies can charge different prices.
How can a monopolist charge different prices to different customers?
A monopolist has market power, this means that they can set the market price of a good through restricting output. A monopolist can charge different prices to different customers through price discrimination. Assumptions are made that they monopolists objective is to maximise profits. A monopolists profit maximising strategy is to charge different prices to different consumers varying on the price elasticity between them. This will extract the maximum consumer surplus, and thus maximise profits. To price discrimiate there must also be some degree of barriers to prevent consumers for switching suppliers. A common strategy of price discrimination is giving students a discount, this is because students are normally more sensitive to prices due to their low income. Students may only buy a product if a discount is given, so the firm provides a discount in order to make these sales.
What is different about interest rates or price credit from other prices in the economy?
what is different about interest rates, or price of credit, from other prices in the economy
Why do different gas stations charge different prices for a gallon of gasoline?
Gas stations charge different prices for a gallon of gas because of a couple different reasons. The first is the quality and additives in the gasoline itself. The higher the quality of the mixture, the higher the price. Second, companies like ARCO are able to offer lower prices because of their payment options. Because you cannot pay with a credit card, they save money because they do not have to pay fees to the credit card companies, and can therefore offer lower prices to the customer.
What is the price for a Mitsubishi DLP lamp?
A Mitsubishi DLP lamp varies in price depending on the model it is required for and prices may be approximately $35-$40 with DLP lamps for different models being available on Amazon.
How much is a flight to Washington DC?
It all depends on where you are flying from and when. Different airlines charge different prices. So contact different airlines or a travel agent and tell them where you want to fly from, And they can give you an actual price on how much it will cost.
How do price ceilings and price floors restrict the free exchange of prices?
A price ceiling is the maximum price that can be charged for an item. You can charge any price equal to or lower than the ceiling. A price floor is the minimum price that can be charged for an item. You can charge any price equal to or greater than the ceiling.
How much are tickets to Percy Jackson and the Lightning Thief?
Typically, the seats for watching different movies have the same price. In any case, the price varies according to region, and even within the same city, different movie theaters may charge different prices.
Where is the best place to go to repair your car?
It depends what all you need to get done to the car. Depending on prices and the amount of labor that is required. You can go to several mechanics and get different price quotes.
What is the price for fruits and vegetables?
It depends on where you go shopping at, cause different stores have different prices.
