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1 year ago

When a company owner practices price discrimination, the marginal revenue of an extra unit sold.

1 answer:

5 0

When a business owner uses price discrimination, the marginal revenue curve and the market demand curve are in line, therefore the marginal revenue is the same as the product's price.

The additional money made by selling one more unit of output is known as marginal revenue. The law of diminishing returns eventually leads marginal revenue to start dropping as output level grows, even though it can stay constant at a certain level of output.

The incremental cost or profit made when producing the following item is referred to as marginal. While marginal cost is the additional expense for producing one extra unit, marginal product is the increased revenue.

To know more about marginal revenue

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devlian [24]

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2 years ago

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Mobile phones have evolved from devices intended to place and receive phone calls into handheld multimedia communications device

Bumek [7]

Answer: creeping featurism

Explanation: Creeping featurism is a slang used for the term feature creep. It refers to the problem faced by the consumers due to continuous addition of features in an existing product. These addition make the product more complex and hard to use for the users.

In the given case, some customers of mobile phone have a belief that the new features added to the phones have made it complex and less reliable.

Thus, we can conclude that the given case is an example of creeping featurism.

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2 years ago

16) When supply is fixed or the product is unique, then price is A) supply determined. B) demand determined. C) government deter

Rudiy27

Answer: B) demand determined.

Explanation:

If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.

Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.

If more people demand the good, it will increase in price and if less people demand it, it will fall in price.

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2 years ago

Joey's first task as a new employee at a Technology firm is to write a computer program to perform a predictable task. Joey can

sveticcg [70]

Answer: Option A

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In the given case, joey has a wide variety of alternatives to choose to how to perform then task and the supervisor will form judgement about his work on the basis of the choices he made for the work assigned.

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2 years ago

Answer completely and correctly please.

spin [16.1K]

Answer:

Explanation:

September October Nov December

Opening cash balance - 9250 3490 3290 3090

Football tickets (160)

Entertainment (250) (250) (250) (250)

Tuition fee (4,800)

Rent (600) (600) (600) ( 600)

Food (550) (550) (550) (550)

Apartment deposit (600) 600

Earning 1200 1200 1200 1200

3490 3290 3090 3490

Covaig Kovar does not have enough cash for the tuition

The projected cash balance of $3490 is less than the tuition of $4800 by $1310

With this budget he is able to realize that he needs to augment his cash inflow or cut his expenses to meet up

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2 years ago