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2 years ago

A firm charges each customer the highest price that customer will pay for the marginal unit under:____.

1 answer:

6 0

A firm charges each customer the highest price that customer will pay for the marginal unit under <u>first-degree price discrimination</u>.

First-degree discrimination, or ideal charge discrimination, happens when an enterprise prices the maximum feasible fee for every unit consumed. Due to the fact prices range among gadgets, the firm captures all to be had client surplus for itself or the economic surplus.

Within the first degree, you allow customers to pay for the product as much as they want. A textbook instance of first-degree price discrimination is eBay. Customers are bidding on product costs, and the more they're willing to pay, the better the very last fee of the product is.

Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at specific fees by means of the identical company in distinctive markets.

Learn more about Price discrimination here brainly.com/question/25565797

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Match each item to the correct document.

Dmitry_Shevchenko [17]

Answer:

transcripts degrees earned

listing of volunteer activities portfolio

presentation done at your last job resume

Explanation:

a transcript is earned after getting a degree

6 0

2 years ago

Barnes Corporation purchased 75 percent of Noblesâ€™ common stock for $262,500, which was acquired at book value. The fair value

Wittaler [7]

Solution:

Barnes Corporation purchased 75 percent of Nobles’ common stock

During the year, Nobles reports net income of $40,000.

Hence, 75% of net income of Nobbles is attributable to Barnes Corporation.

Barnes reports for income from subsidiary prior to consolidation

= 40,000 x 75%

= $30,000

3 0

4 years ago

Which of the following statements is false?

GenaCL600 [577]

Answer: Actual overhead costs always enter the Work-in-Process account.

Explanation:

The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.

Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.

6 0

3 years ago

Tulip Midwifery's cost formula for its wages and salaries is $2,420 per month plus $388 per birth. For the month of January, the

Neko [114]

Answer:

$ 50144

Explanation:

Given:

Cost formula for the the wages and salaries = $ 2420 / month + $ 388 / birth

planned number of activity = 119 births

Actual level of activity = 123 births

the wages and salaries in the flexible budget for January, using the given formula will be calculated as:

the wages and salaries = ( $ 2420 × 1 ) + ( $ 388 × 123) = $ 50144

3 0

3 years ago

Lion Company's direct labor costs for the month of January were as follows: What was Lion's direct labor efficiency variance? Se

lakkis [162]

Answer:

Direct labor time (efficiency) variance= $6,150 favorable

Explanation:

Giving the following information:

Lion Company's direct labor costs for the month of January were as follows:

Actual total direct labor-hours 20,000

Standard total direct labor-hours 21,000

Direct labor rate variance - unfavorable $3,000

Total direct labor cost $126,000

First, we need to calculate the standard direct labor hour cost.

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 126,000/20,000= 6.3

-3,000= (SR - 6.3)*20,000

-3,000= SR20,000 - 126,000

123,000/20,000= SR

6.15= Standard rate

To calculate the direct labor efficiency variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (21,000 - 20,000)*6.15

Direct labor time (efficiency) variance= $6,150 favorable

7 0

3 years ago