Business, 27.10.2020 18:00 parkbro3956

Rather than charging a single price to all customers, a firm charges a higher price to men and a lower price to women. This .

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Answer from: Jaimewillis42

D) is attempting to convert consumer surplus into producer surplus.

Explanation:

These are the options for the question

A) is trying to reduce its costs and therefore increase its profit.

B) is engaging in an illegal activity that is prohibited by the Sherman Antitrust Act.

C) is attempting to convert producer surplus into consumer surplus.

D) is attempting to convert consumer surplus into producer surplus.

E) Both A and C are correct.

From the question, we are told that Rather than charging a single price to all customers, a firm charges a higher price to men and a lower price to women. In this case, By engaging in the above practice, the firm is attempting to convert consumer surplus into producer surplus.

consumer surplus in finance is regarded as the difference in the amount paid by the consumer for a particular goods/service and the price they are willing to pay for the goods/services. producer surplus on the other hand is the difference between price the seller is willing to give out the goods/service and the price they can take for giving the product out at market price. Therefore as the firm charges a higher price to men and a lower price to women, they are trying to convert consumer surplus into producer surplus.

Answer from: Quest

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7. customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

Answer from: Quest

The correct answer is "a.grassroots movements".

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