Answer:
C. maximize total profit by maximizing profit for each group separately
Explanation:
Price discrimination is when a seller sells the same quantity and quality of goods and services to different groups of consumers at different prices.
Price is usually set higher than marginal cost for a price discriminator.
I hope my answer helps you.
Answer and Explanation:
The computation is shown below:
a. The break even quantity is
= Fixed cost ÷ (selling price per unit - variable cost per unit)
= $26,000 ÷ ($1 - 0.35)
= $26,000 ÷ 0.65
= 40,000
b. The price is
Let us assume the price per pen be x
As we know that
Profit = Revenue - costs
$16,000 = (x)(41,000) - $26,000 - .35(41,000)
$16,000 = 41,000x - 40,350
$56,350 = 41,000x
x = $1.37
Answer:
$114,700
Explanation:
Bad debtsexpense -Write-offs= Change in Allowance balance.
Therefore Bad debts expense =Change in Allowance balance of $83,800 + Write-offs of $30,900= $114,700
The bad debt expense that Dinty report in its first-year income statement is $114,700
.
Answer:
The correct answer is option c.
Explanation:
Inflation refers to a sustained increase in the general price level. During inflation, the government needs to adopt a contractionary policy.
Fiscal policy is a tool to make changes in economic activities through changes in government spending and tax rates.
During inflation, a contractionary fiscal policy should be adopted. Such a policy involves decreasing government activity or increasing tax rates or both.
This causes consumer spending to decrease by decreasing their purchasing power or disposable income. As a result, aggregate demand decreases.
Answer:
The correct answer is b) Polycentric Company
Explanation:
Polycentric refers to having more than one centre and as a multi-national Company, Delwazic Inc. is producing different goods for certain countries.
The company believes that every market is unique and in order to penetrate the market, they need to produce local goods that are able to match the demand. This is a very polycentric approach that is popular among some of the largest companies in the world.
An example is that of Coca Cola, which has incorporated itself in different parts of the world and produce local products for specific markets.
