Using the Same Information as Above,suppose You Cannot Distinguish Between

question 141

Multiple Choice

Using the same information as above,suppose you cannot distinguish between the two groups of students.However if you offer a rebate,you know that the EMBA students will never redeem the rebate while MBA students will always redeem the rebate.What is the optimal full price for the Primer and Optimal rebate?

• A)Charge $300 for the primer and offer $200 for the rebate
• B)Charge $300 for the primer and offer $100 for the rebate
• C)Charge $300 for the primer and do no offer any rebate
• D)Charge $100 for the primer and do not offer any rebate

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Definitions:

English Common Law

A body of law developed in England from judicial decisions shaped by precedents, rather than statutes, encompassing a wide range of case law and legal principles.

Finance Lease

A type of lease in which the lessor does not select, manufacture, or supply the goods but acquires title to the goods or the right to their possession and use in connection with the terms of the lease.

Consumer Lease

A lease that has a value of $25,000 or less and exists between a lessor who is regularly engaged in the business of leasing or selling and a lessee who leases the goods primarily for a personal, family, or household purpose.

Parol Evidence Rule

A legal principle that prevents parties to a written contract from presenting evidence of prior or contemporaneous agreements that contradict the written agreement.