Price discrimination is a rational strategy for a profit-maximizing monopolist when.

The Better Building Company has a contract to build a building for $100 million. The estimate of the cost of the project is $75

Leni [432]

Answer:

$10 million

Explanation:

Calculation for the reported profit for the first year of the contract

Using this formula

Reported profit=(BB Costs/Project cost estimate)×(Building contract-Project cost estimate)

Let plug in the formula

Reported profit = ($30 million / $75 million)×($100 million – $75 million)

Reported profit=0.4 million ×25 million

Reported profit= $10 million

Therefore the reported profit for the first year of the contract will be $10 million

5 0

3 years ago

Explain how businesses can use copyright ,patent and trademarks in dealing with piracy

diamong [38]

Businesses use copyright, patents, and trademarks, to keep other companies from taking their idea or product. Copying a trademarked or patent product is illegal. (piracy)

3 0

3 years ago

Read 2 more answers

Which of the following is not relevant when deciding whether or not to discontinue a product line?

FrozenT [24]

Answer:

Fixed costs that can be avoided by discontinuing the line.

Explanation:

Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.

So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.

6 0

3 years ago

Kenton is considering the costs of becoming a makeup artist. He talks to several makeup artists and finds out that a cosmetology

tatyana61 [14]

Answer:

The best evaluation for Kenton's research is C) Poor; he has only researched the monetary costs of the career.

Explanation:

Besides monetary costs to him (which was not all that comprehensive as it didn't include training tools, books, etc) there are also non-monetary costs such as time, hard work, and all the other things he must forego while he is focused on becoming a make-up artist.

The career also comes with its perks and advantages. Kenton's work would have been comprehensive if he researched the benefits as well as the risks, and regulatory requirements where there are any.

Cheers

8 0

2 years ago

a buyer has made an earnest money deposit of $6,500 on a house selling for $112,500. a lender has agreed to lend 85 percent of t

Sedbober [7]

The additional cash must the buyer bring to closing is $14,750

What is the total cash required by the buyer at closing?

The total cash required by the buyer at closing is the buyer's closing costs plus down payment which is 15% of the house selling price.

The down payment required is 15% because the lender has agreed to lend 85% of the asset value as the mortgage, hence, down payment is computed thus:

down payment=15%*$112,500

down payment=$16,875

total cash needed=$16,875+$4,375

total cash needed=$21,250

additional cash required=total cash needed-cash saved

additional cash required=$21,250-$6,500

additional cash required=$14,750

Find out more about closing costs on:brainly.com/question/18687555

#SPJ1

6 0

1 year ago