Answer:
The answer is: B) Market B
Explanation:
Deadweight loss refers to an economic loss caused by market inefficiencies.
Market inefficiencies occur when supply and demand are not in equilibrium. In market A, the tax will barely affect the equilibrium quantity, so the deadweight loss will not be as large as in market B where the equilibrium quantity will be severely affected.
Answer:
B.) $11.90
Explanation:
Predetermined manufacturing overhead rate are based on the estimates made by the company.
So the calculation should be:
Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.
Giving us the result of $11.90
(238,000 / 20,000 = 11.90)
Answer: add this flight because marginal revenue exceeds marginal costs.
Explanation:
Since the total cost of the flight would be $1,100, of which $800 are fixed costs already incurred, then the variable cost in this case will be )$1100 - $800) = $300.
Since the expected revenues from the flight are $600, thus implies that the total revenue exceeds total variable cost and therefore Dash should add the flight because total revenue is more than total variable cost and the marginal revenue exceeds marginal costs.
Answer: C. interest expense will not be a constant dollar amount over the life of the bond.
Explanation:
When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.
As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.
Answer:
(B) I and II
Explanation:
Price discrimination is when a producer charges different prices for his good or service.
Third degree price discrimination is when consumers are charged different prices for the same good due to certain factors. E.g. age, gender, location.
Second degree price discrimination is when consumers who buy in bulk are given discounts.
First price discrimination is when consumers are charged different prices according to their willingness to pay. Example of first price discrimination is initially charging high prices and then reducing the price over time to sell to the more price-sensitive consumers.
I hope my answer helps you.
