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What else can I help you with?
Why would a firm practice price discrimination?
price discrimination allows companies to defend
How would price discrimination benefit you?
If you were the recepient of the increased prices.
How would you describe unfair trade practice laws?
These laws involve various types of business competition, especially with reference to trademarks, price maintenance, and price discrimination.
What happens to quantity supplied when price is lowered?
The price could go up or down (ambiguous) but the quantity definitely would decrease
Markets with a ceiling price and floor price?
An example of a ceiling would be rent controlled apartments. A floor would be minimum wage.
Why would a firm practice price discrimination?
price discrimination allows companies to defend
What is the evidence of price discrimination at a local bar called the Stabilizer?
Which would be evidence of price discrimination at a local bar called the Stabilizer
How would price discrimination benefit you?
If you were the recepient of the increased prices.
What is an example of skin color discrimination?
An example of skin color discrimination, better known as racism, would be firing an employee because of their skin color or not promoting them in a company because of their skin color.
What is an example direct institutional discrimination?
An example of direct institutional discrimination would be a school denying admission to students of a certain race, religion, or gender, even though they meet all the academic requirements. This type of discrimination is enforced through policies or practices within the institution itself.
How would you describe unfair trade practice laws?
These laws involve various types of business competition, especially with reference to trademarks, price maintenance, and price discrimination.
What happens to quantity supplied when price is lowered?
The price could go up or down (ambiguous) but the quantity definitely would decrease
Is it legal for an employer to say "get your fat ass out of the truck" or was it discrimination against my size?
That is definitely not appropriate behavior by your employer and could be considered discrimination. However, the problem you have would be proving the employer said it. i.e. audio recording, witnesses, etc.
What is meant by the term price discrimination?
Price discrimination exists when the same product is sold at different prices to different buyers. The cost of production is either same, or it differs but not as much as the difference in the charged prices. The necessary conditions, which must be fulfilled for the implementation of price discrimination are the following:The maket must be divided into sub-markets with different price elasticities.There must be effective separation of the sub-markets, so that no reselling can take place from a low-price market to a high-price market.
Markets with a ceiling price and floor price?
An example of a ceiling would be rent controlled apartments. A floor would be minimum wage.
What is meant by the term discrimination?
Answer: Price discrimination is the practice of one retailer, wholesaler, or manufacturer charging different prices for the same items to different customer. This is a widespread practice that does not necessarily imply negative discrimination. Early forms of price discrimination certainly existed in Jim Crow law states, where a black consumer might very likely pay more for the same quantity and items than a white consumer would. In general, this type of price discrimination is very rare today. Price discrimination, as it is now understood, is separated into degrees. First, second and third degree price discrimination exist and apply to different pricing methods used by companies. Much depends on the understanding of the market in segments, and also the consumer's ability to pay a higher or lower price, called elasticity of demand. A person who might pay more for an item is thought to have a low elasticity of demand. Another person who will not pay as much has a high elasticity of demand.
What kind of proof would an employment discrimination lawyer ask for?
If you have anything in writing, emailed, faxed, or even audio recordings, an employment discrimination lawyer would definitely need to see them. Without hard proof like this, it is hard for a judge to determine they are guilty. It may help to have co-workers or other employees provide a written statement.
