Select the items that describe perfect competition.

Suppose the local pharmacy charges different prices to senior citizens than it charges to younger customers. The pharmacy should

Slav-nsk [51]

Answer:

third-degree price discrimination

Explanation:

Third - degree price discrimination -

It refers to the practice of discrimination , i.e. , unfair treatment , where people tends to ask for different price for the same goods and services , is referred to as third - degree price discrimination.

The discrimination can be on the basis of time , location , age , gender etc.

This type of discrimination is very common observed in the day to day activities .

Hence , from the given scenario of the question,

The correct term is Third - degree price discrimination .

4 0

3 years ago

At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for Doubtful Accounts has a credit bala

levacccp [35]

Answer:

d. $19,500 and $25,000

Explanation:

Provided balance of Accounts Receivables at year end = $550,000

Allowance for Doubtful Debts Account = $5,500

Sales for the year = $2,500,000

Now, provided un-collectible accounts receivables = $25,000

Thus year end balance of allowance for doubtful debts shall be $25,000

Therefore, entry shall be of amount = $25,000 - $5,500 = $19,500

after that balance at year end of allowance for doubtful debts = $5,500 + $19,500 = $25,000

5 0

3 years ago

Assume that the price for swimming pool maintenance services has risen and sales of these services have fallen. one can conclude

Scorpion4ik [409]

It can be concluded that the supply of swimming pool maintenance services has decreased. We can not say that <span>the demand for swimming pool maintenance services has increased.It is not accurate to say things like the technology has advanced the swimming pool services. By means of the situation gievn, we can say that the maintenance services have decreased. </span>

6 0

3 years ago

. If shareholders are granted a preemptive right they will: Select one: a. be able to choose the timing and amount of any future

PtichkaEL [24]

Answer:

Have priority in the purchase of any newly issued shares

Explanation:

Preemptive right is the right given to existing shareholders to maintain the proportion of their investment by buying a proportionate number of shares in any future sales of share.

The main essence of this is to ensure that their ownership interest is not diluted as more shares are issued and new investors come in.

In a preemptive share arrangement , consideration is given to existing shareholders ahead of any other person or entity .

5 0

3 years ago

Monsanto just came out with a new genetically modified seed that it believes will increase crop yields. The seed has been modifi

Lesechka [4]

Answer:

The answer is genetically engineered food or genetically engineered crop.

Explanation:

The scientists inform the farmers during the visit about how the seeds will increase their crop yields. This is most likely an example of____genetically engineered food______.

Because Mosanto modified the seeds DNA to improve than. Most of us have been eating genetically modified food for the past twenty years without knowing. And, in my opinion, that is the reason why we have more cancer, infertility, syndromes, and our kids are achieving puberty earlier. More than 50 different designers crops have passed through federal review process and about a hundred more are undergoing field trials.

The whole issue is that we totally lost control of what we are actually eating.

6 0

3 years ago