Answer:
The correct answer is letter "C": keep prices of downloads low and raise prices for concerts and merchandise.
Explanation:
To maximize profits, Augi's agent should not stop doing any of the commercial activities the pop singer has been carrying out. However, a way to deal with Augi's music internet piracy, the agent could lower the online-song prices but the "losses" can be compensated by raising the concert ticket prices and the singer's merchandise sold there since most of Augi's concerts are sold-outs.
Answer:
400
Explanation:
Given:
Face Value of the bond = $4000
The fixed rate of interest is r = 10%
If f Jennifer were not to cash in the bond tomorrow, it means she have the value of $4000 after 4 years. But tomorrow she were to cash, so the interest she lose is:
I = FV*r = 4000*10% = 400
Answer:
Uncertainty over Reliable and Unreliable Product
a. Given this uncertainty, the most this consumer will pay to purchase one unit of this product is $25
b. The amount that this consumer will be willing to pay for the product if the firm offering the reliable product includes a warranty that will protect the consumer is $50.
c. This is because the stated maximum amount that the consumer is willing to pay for the reliable product is $50. She is not prepared to spend more than this amount on the reliable product.
Explanation:
a) Data and Calculations:
Unreliable Reliable
Maximum amount the consumer will pay $0 $50
Probability of reliability 0.5 0.5
Expected amount to pay for either product $0 $25 ($50 * 0.5)
a. Given this uncertainty, the most this consumer will pay to purchase one unit of this product is $25 ($0 + $25)
<span>The question is asking which market structure has a single company or seller in a market with many barriers to entry and the answer is
C. Monopoly. A monopoly is a situation where only one company has a chance to sell their products. Think for example about a national post company that is the only company that has the right to enter people's houses and access their mailbox- this is an example of a monopoly.</span>
Answer:
Explanation:
REVENUE JOURNAL
DATE. DES. NO. DR. CR
3 Oct. Palace 622. $2,890
8 Oct Sunny. 623. $1,940
18 Oct Amex. 624. $2,970
28 Oct Wayfarer 625. $900
30 Oct. Rogers. . $120
Total revenue. $8,820
Less pmt in the month $3,010
Amount receivable. $5,810
Account receivable
Date. Description. Dr. Cr
1 Oct. Bal b/f. $2,510
3 Oct. Palace $2,890
5 Oct. Champion. $1,060
8 Oct Sunny. $1,940
12 Oct. Wayfare. $1,450
18 Oct Amex. $2,970
23 Oct. Palace. $2,890
28 Oct Wayfarer $900
Balance c/d. $5,810