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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>
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Araceli is a team member in a large corporation. She never speaks in team meetings because she has seen members talk behind each
Fynjy0 [20]

Answer:

B) Climate of trust

Explanation:

The problem seems to be Climate of trust. This fundamental factor allows teams to perform better than the sum of the performance of each of its members. Through an environment of trust, each member is supported and coached by other team members making individual improvements and increasing synergies within the team. A climate of trust is not exempt from criticism, but this criticism is understood as a helping tool rather than an instrument of personal harm. Finally, a climate of trust allows that errors and mistakes become a useful source of learning.

5 0
3 years ago
Company X has beta = 1.6, while Company Y's beta = 0.7. The risk-free rate is 7%, and the required rate of return on an average
Kaylis [27]

Answer:

a. 5.40%

Explanation:

First, I will calculate the new cost of equity for both stock X and Y:

Required rate of return = risk free rate + (beta x market premium)

Re stock X = 8% + (1.6 x 6%) = 8% + 9.6% = 17.6%

Re stock Y = 8%  + (0.7 x 6%) = 8% + 4.2% = 12.2%

The difference between the required rate of return = 17.6% - 12.2% = 5.4%

4 0
3 years ago
​Lucy needs to buy a new laptop for her business, and she buys a particular brand even though it does not support the software t
yan [13]

Answer:

Bounded rationality.

Explanation:

Bounded rationality is the possibility that in decision-making, rationality of people is restricted by the data they have, the subjective impediments of their psyches, and the limited measure of time they need to settle on a decision.

7 0
3 years ago
Crandle Manufacturers Inc. is approached by a potential customer to fulfill a one-time-only special order for a product similar
Kruka [31]

Answer:

$400

Explanation:

Calculation to determine the minimum acceptable price of this special order

Using this formula

Minimum acceptable price=Direct materials+ Direct labor+ Manufacturing support +Marketing costs

Let plug in the formula

Minimum acceptable price=$140 + $100 + $105 + $55

Minimum acceptable price=$400

Therefore the minimum acceptable price of this special order is $400

7 0
3 years ago
Loni delivers her Mazda to be repaired at Nile’s Body Shop. Loni agrees to pay cash. Nile performs, but Loni does not pay. Nile
xxMikexx [17]

Answer:  Option C

                 

Explanation: Artisan's lien is a kind of lien that enables a craftsman to keep a piece of work unless it is compensated for. Lien applies to an individual's moral right to property of someone else if responsibility is not dismissed. The Lien of Artisan is also known as the mortgage loan of Materials.

In other words, It refers to  form of lien which offers staff a private estate protection benefit before they are compensated on that estate for their work. In the given case, Loni did not pay for the services that were provided by Nile.

Thus, we can conclude that the given case depicts an artisans lien.

8 0
3 years ago
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