Which of the Following Is the Main Principle Behind Price

question 45

Multiple Choice

Which of the following is the main principle behind price discrimination?

• A) If the demand curves are different, it is more profitable to set different prices in different markets than a single price that covers all markets.
• B) To maximize profit the firm should set a higher price in markets with more inelastic demand.
• C) Arbitrage makes it difficult for a firm to set different prices in different markets thereby reducing the profit from price discrimination.
• D) All of the answers are correct.

Recognize the approval requirements for compulsory share exchanges and mergers.

Comprehend the role of the secretary of state in involuntary dissolution due to non-payment of annual franchise taxes.

Differentiate between purchasing a company's stock vs. its assets and the legal implications.

Understand the effect of dissolution on a corporation's existence and obligations.

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Definitions:

Parallelism

The condition of being parallel; in engineering, the degree to which parts or surfaces are aligned or parallel to each other.

Angularity

Angularity is a measure of deviation or conformity to a specified angle, often critical in part and assembly to ensure proper alignment and function.

Geometric Tolerancing

The specification of allowable variance in the geometric form and location of features on manufactured parts, allowing for precise and repeatable assembly.

Orientation

The arrangement or positioning of a part, component, or structure in relation to its surroundings.