All categories

11 months ago

Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.

1 answer:

7 0

Consumer surplus will increase when a monopolist goes from a single-price monopoly to perfect price discrimination.

A monopolistic marketplace is a marketplace shaped by the characteristics of a natural monopoly. A monopoly exists when one dealer gives a specific good or carrier to many customers. In a monopolistic market, the monopoly (or dominant corporation) exerts management over the market, allowing it to set the price and supply.

A monopoly is a firm that's the sole seller of its product, and in which there aren't any near substitutes. An unregulated monopoly has marketplace electricity and may have an impact on charges. Examples: Microsoft and home windows, DeBeers and diamonds, your neighborhood natural fuel agency.

Learn more about monopoly here brainly.com/question/29035936

#SPJ4

You might be interested in

Which of the following is not a true statement about "demand"?

Afina-wow [57]

Answer:

Demand is the same as quantity demanded.

Explanation:

3 0

3 years ago

ynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses mac

Harrizon [31]

Answer:

$270,000

Explanation:

Calculation for the amount of Machining cost assigned to Product A

Using this formula

Machine cost=Machine hours*Activity rate

Let plug in the formula

Machine cost=1,800*$150

Machine cost =$270,000

Therefore the amount of Machining cost assigned to Product A will be $270,000

5 0

2 years ago

(Growth) The U.S. Census estimated that the world population was 6 bil- lion in 1999, and it was increasing 212,000 per day. Wha

lianna [129]

Answer:

Annual growth rate = 1.29% per year

Population in 2050 = 11.53 billion

Explanation:

Data provided in the question:

Population in 1999 = 6 billion = 6,000,000,000

Rate of increase in population = 212,000 per day

Now,

Number of days in a year = 365

Therefore,

Annual growth rate

= [ Growth rate per day × Number of days in a year ] ÷ initial population

= [ 212,000 × 365 ] ÷ 6,000,000,000

= 0.0129 per year

= 0.0129 × 100%

= 1.29% per year

Now,

2050 is 51 year from 1999

Population in 2050 = Population in 1999 × ( 1 + rate )ⁿ

= 6,000,000,000 × ( 1 + 0.0129 )⁵¹

= 11.53 billion

7 0

3 years ago

Choose the correct answer. a.The cost of a CPA review course is deductible by a bookkeeper on his Schedule C. b.Expenses require

Snowcat [4.5K]

Answer:

d.Expenses for travel as a form of education are not deductible.

Explanation:

Expenses in the nature of travel, are not allowed while the travel might be for the purpose of education.

This is because it is not in the nature of direct expense.

As the expense for the purpose of business which are important for the business to pursue in a more positive manner is preferable and essential for the business.

As extra education and knowledge provide excellence to perform the task for which knowledge is acquired.

6 0

2 years ago

Yang Corporation starts a foreign subsidiary on January 1 by investing 25,000 rand. Yang owns all of the shares of the subsidiar

Lisa [10]

Answer:

$3,000 credit

Explanation:

Given the followin currency exchange rates for 1 rand are as follows:

January 1 $0.25 = 1 rand

Average for the year 0.28 = 1

December 31 0.31 = 1

Net income conversion Investment using January 1 rate = 50,000 rand × $0.25 = $12,500

Net income conversion Investment using December 31 rate = 50,000 rand × $0.31 = $15,500

Credit (Debit) = $15,500 - $12,500 =$3,000

Therefore, the translation adjustment that Yang will report at the end of the current year is $3,000 credit since the difference is positive.

4 0

3 years ago