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umka21 [38]
3 years ago
6

When a monopolist switches from charging a single price to perfect price discrimination, it reduces the quantity produced. the f

irm's profit. consumer surplus. total surplus?
Business
1 answer:
DerKrebs [107]3 years ago
7 0
<span>When a monopolist switches from charging a single price to perfect price discrimination, it reduces the consumer surplus.  Consumer surplus is defined as the difference between what a consumer believes they should pay for a good or service and the total amount that they actually do pay. The amount they pay is known as the market price and what they are willing to pay is noted on the demand curve. </span>
You might be interested in
A(n)
Alex787 [66]

Answer:

Flexible manufacturing systems (FMS)

Explanation:

FMS stands for the Flexible manufacturing systems, which is described as the method of production, which is designed in order to adapt the changes in the kind and the quantity of the product which is being manufactured.

The computerized systems and the machines could be configured to manufacture the variety of the parts and handle the production changing levels.

Therefore, the FMS is the one which is a single production system that combines the CIM (Computer Integrated Manufacturing) and the electronic machines.

3 0
3 years ago
Glenn sells a piece of equipment used in his business for $31,500 during 2019. The equipment was purchased on July 1, 2017, at a
Schach [20]

Answer:

A gain of $16,100

Explanation:

When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal.

The carrying amount of an asset is the difference between the cost of the asset and the accumulated depreciation of the asset.

Carrying amount

= $22,000 - $6,600

= $15,400

Gain/(loss) on sale of asset

= $31,500 - $15,400

= $16,100

6 0
3 years ago
Brandes purchases a delivery truck which will be used to deliver products to customers. the delivery truck is a/an?
frozen [14]

Electric bill payable Liability

<h3>Is an electric bill considered a liability?</h3>

In our example, the utility bills for gas and electricity used in December are both an expense and a liability as of December 31.

When the utility bills are paid, the liability is eliminated.

To learn more about liability, refer

to brainly.com/question/24553900

#SPJ4

7 0
1 year ago
Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a
dalvyx [7]

Answer:

Career portfolio I think

Explanation:

Tell me if I am wrong please.

6 0
3 years ago
Which of the following is an advantage of first movers? Group of answer choices they are not prone to mistakes they have an oppo
joja [24]

Answer:

they have an opportunity to exploit network effects and positive feedback loops

Explanation:

The first mover advantage refers to competitive advantages that can be achieved by a firm that first enters a market or launches a new product first. E.g. Volkswagen has a first mover advantage in China because it was the first foreign car manufacturer to successfully a car factory there. Another type of first mover advantage would be the ones obtained by Apple for launching the first smartphone.

Network effects refers to a good or service becoming more valuable because more people purchase or use them, e.g. social media apps.  

Positive feedback loops occurs when a company's output is used as a positive input in the productive system, e.g. when a company uses information gathered by customer service (CRM) to improve the products or services it offers.

6 0
3 years ago
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