Order the following businesses based on the likelihood that the firm will be able to attain near perfect price discrimination. Order the options from least likely to most likely.
Vendor selling almonds at a farmer's market
Movie theater that charges two different prices based on showtime
Automobile dealership that negotiates a unique price for each customer

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24-11-2022
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Order the following businesses based on the likelihood that the firm will be able to attain near perfect price discrimination. Order the options from least likely to most likely.
Vendor selling almonds at a farmer's market
Movie theater that charges two different prices based on showtime
Automobile dealership that negotiates a unique price for each customer

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HafsaM HafsaM · Answer 1 · 2022-11-29T11:20:35+01:00

The following companies are listed according to the possibility that they will be able to achieve almost perfect price discrimination.

A farmer's market vendor selling almonds, a movie theatre that charges two different rates depending on the Showtime, and automobile dealership that bargains a different price with each client.

According to what the vendor believes they can get the consumer to agree to, price discrimination is a sales approach where clients are charged varying rates for the same good or service. The merchant charges each consumer the highest price they would accept in a pure price discrimination scenario.

In more typical instances of price discrimination, the vendor divides the clientele into groups based on shared characteristics and assesses a different price for each group.

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