Price discrimination Price discrimination is the practice of selling the same product at different prices to different customers‚ when there is no difference in the cost to produce the product. Price discrimination is done to maximize profits. This occurs when market prices are set differently to different buyers‚ according to the willingness of each buyer to pay (demand curve) rather than setting a uniform price. It can be seen in the image below how if the seller kept the uniform price of Africa’s
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Theme of Bride Price The Bride Price‚ a story written by Buchi Emecheta‚ reflects a misery life of a Nigerian girl‚ Aku-nna. The absent of her father in the family had dramatically changed her life. Her bride price that she would get before getting married caused many troubles within her family. After reading this story‚ we can see the practice of customs‚ the system of value and the belief of local Nigerians are the main themes discussed in the story. First of all‚ it ’s about practice of customs
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many buyers in the market‚ high barrier market entry and exit‚ price maker in the market and spend money in advertisement. It has a few of competitors‚ such as Samsung Galaxy S2 (RM2099)‚ HTC One X (RM2099)‚ Motorola Rarz (RM1999)‚ Sony Xperia S (RM1899) and Nokia Lumia 900 (RM1799). To enter oligopoly market‚ it has a high barrier. Therefore‚ Apple is the price maker. Their products are inelastic which means that the products price change would not make a big difference in the quantity demanded
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Internal cash control is very important to any business. Without effective methods in place to ensure that funds and resources are being used in an ethical and efficient way‚ a company may lose money or run into many other problems. Through proper establishment of responsibly‚ segregation of duties‚ document procedures‚ and security measures‚ any company should be able to maintain their funds and feel confident that their employees are producing accurate and ethical results. In the exercise detailing
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INTRODUCTION Competitive advantage(CA) is an advantage competitors gain by providing or offering customers or consumers greater value for their money through product and service differentiation or through lower prices. Maintaining competitive advantage is crucial to many businesses or organizations’ success in order to survive in the market. Competitive advantage is characterized by superior performance which could be an attribute to outperform the competitors whether current or potential; or gaining
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activity from which one derives amusement‚ entertainment‚ enjoyment‚ or satisfaction by taking a participatory rather than a passive role (Active Play Definition). People retain much more information when something is as interactive as a violent video such as Call of Duty or Battlefield‚ so when teens continue to play these types of games‚ they get engrained in their brains that this is what they need to do. For example‚ when learning how to fly a plane‚ would you rather read a book‚ watch a television
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Note- taking method Any assignment that requires you to do research‚ will require you to take notes. The notetaking method you adopt is purely a personal decision. With the development of technology‚ there are more different methods used to take notes. In term of the media people applys‚ we can discuss three types of methods: handwriting‚ electronic note-taking‚ and copying materials. The handwriting method is a traditional way which takes much time and requires the audience listen to the speaker
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In this paper I chose to write about Healthy vs. Happy. I will talk about the relevance of being happy and healthy from my perspective. Taking great care of my body has always been important to me. With that being said not only do I like to take care of my body‚ but also it is also exciting as well as motivating for me to see the great changes that one can make happen with food‚ diet and exercise. Almost 20 years ago I took an interest in vitamins‚ herbs and healing the body. My first book and
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with this topic. Firstly‚ pupils could be extremely healthy by being involved in outdoor activities at their particular schools. The first point is that‚ sport may be completely powerful tool which can enhance the function of a body. Take for an example; jogging is insightful in terms of strengthening the effectiveness of heart. A further point is that‚ school children have to be outstanding not only mentally‚ but physically too. In other words‚ schools have to be the place where children are encouraged
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Life is full of risks. Some risks are bad‚ yet some are good. Carl Hiaasen in the book Scat wants to teach the reader that taking some risks can lead to a positive outcome. For example‚ Nick and Marta took a risk when they snuck into into Mrs. Starch’s house. On page 135‚ Carl Hiaasen in Scat wrote‚ “Nick wasn’t sure if sneaking into Mrs. Starch’s house was the bravest thing he’d ever done‚ or the dumbest. But he felt certain that the world’s meanest biology teacher wasn’t really absent from
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