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Firdavs [7]
2 years ago
7

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

Business
1 answer:
Stolb23 [73]2 years ago
4 0

Price discrimination is a rational strategy for a profit-maximizing monopolist where a monopolist is a price taker.

<h3>What is monopoly?</h3>

A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are dangerous because they can become immensely powerful and use this power to further benefit themselves and gain even more power. A monopolist can raise the price of a product without worrying about the actions of competitors. In a perfectly competitive market, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.

Learn more about monopoly, refer:

brainly.com/question/16084484

#SPJ4

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Baker Company, an Ohio company that sells a branded product regionally to retail customers in Midwest. It normally sells its pro
Artist 52 [7]

Answer:

Effect on income= $5,000 increase

Explanation:

Giving the following information:

One-time offer:

1,000 units at $25 per unit.

<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>

Unitary cost= 12 + 8= $20

Effect on income= 1,000*(25 - 20)

Effect on income= $5,000 increase

6 0
3 years ago
Jonah tells his friend Derek that he would like to go parasailing. Derek is very enthusiastic and suggests that they try an outf
nekit [7.7K]

Answer:

- Derek is an agent of Jonah

- Derek failed in his fiduciary duties to his principal

Explanation:

An a agent is someone that is appointed by a principal to take care of their interests. The agent's loyalty is to only his principal and he should not manipulate the relationship for personal gain.

In the given scenario Jonah appointed Derek to arrange for parasailing activity. So he is an agent to Jonah in this respect.

However Derek chooses an outfit called Wind Beneath My Wings where he is an owner, he put aside $600 instead of $350 for the reservation, and the company is unlicensed.

All these are violations of Derek's fiduciary duty. He put Jonah at risk for his own personal gain.

8 0
3 years ago
18. Which group of words best describes wants?
Nitella [24]

Answer:

B. unlimited, changing, and competing

Explanation:

Wants are the desire to have or own goods and services that give satisfaction. A want is a wish to possess something. The wish or desire may be fulfilled or not. Satisfying wants is through the consumption of goods and services. Consumers have an unlimited desire to have goods and services that have high utility value.

Wants differ in different people depending on their culture , age, social status, gender, and several other factors. Satisfying one need is depended on the individual's willingness and ability to pay for the goods or services that satisfy that need. Satisfying wants requires resources. Because human needs have unlimited wants, it is almost impossible to satisfy all wants with limited resources. Due to the scarcity of resources, competition arises to satisfy the many wants with the available resources.

4 0
3 years ago
What does it mean to become a master adaptive learner and why is this<br> important?
alex41 [277]

Answer:

Hi

Explanation:

A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.

4 0
2 years ago
esearch on transformational and transactional leadership shows a. transactional leadership is more effective than transformation
Morgarella [4.7K]

Based on various study analyses, the research on transformational and transactional leadership shows that "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

This is because transformational leaders are the type of leaders that encourage and motivate their followers to make effective changes.

On the other hand, transactional leaders are types of leaders that mainly promote changes that favor their self-interest.

Hence, in this case, it is concluded that the correct answer is option C. "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

Learn more here: brainly.com/question/14352853

6 0
3 years ago
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