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lesya [120]
3 years ago
5

For the case of a perfectly price-discriminating monopolist (ppdm), producer surplus can be calculated as:

Business
1 answer:
Marrrta [24]3 years ago
8 0

Answer:

Explanation:

Producer surplus can be defined as the difference between how much a person can receive by selling a good at the market price versus how much a person would be willing to accept for the given quantity of good.

The Perfect Price Discrimination (1st degree price discrimination) will occur when an organization charges a different price for every unit consumed.

Producer surplus is formally given as PS = TR( q ppdm ) 0 q ppdm MC(q)dq

Where TR is the Total Revenue

For total cost and the definite integral of marginal cost over the range of output, we find that PS = TR( q ppdm ) TC( q ppdm ).

That is the sum of the consumer surplus and producer surplus is the total gains from trade.

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What is financial accounting??<br><br>Any one help me ​
AfilCa [17]

Answer:

Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. ... Work opportunities for a financial accountant can be found in both the public and private sectors.

5 0
3 years ago
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If a local company were to break contract with a retailer and no deliver the products requested, what type of law would be broke
Lorico [155]

If a local company were to break the contract with a retailer and not deliver the products requested, Civil law would be broken.

When one party doesn't carry out their obligations as stated in the contract, there is a breach of the agreement. That could involve anything trivial like making a payment a few days late or something more significant.

<h3>What is the most common breach of contract?</h3>

The most frequent remedy for contract violations is this one. When compensatory damages are granted, a court requires the party who violated the contract to give the victim enough money to fulfill their contractual obligations elsewhere.

A breach of contract occurs when a promise that is a component of a contract is not kept without a valid justification. This includes failing to perform in a way that complies with industry standards or any express or implicit warranty requirements, such as the implied warranty of merchantability.

Learn more about Breach of Contract here:

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7 0
1 year ago
Given the following data for the economy, compute the value of GDP.
oksano4ka [1.4K]

Answer:

The value of GDP is 75

Explanation:

GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories.  

The change in GDP will therefore equal the change in Consumption + the change in Investment + the change in Government Spending + the change in Net Exports, where the change in Investment will equal the change in Fixed Investment plus the change in the Change in Inventories.

= Government purchases of goods and services  (10) + Consumption Expenditures  (70 )+ Exports  (5 ) - Imports  (12) + Change in Inventories  (-7 ) + Construction of new homes and apartments  (15 ) - Sales of existing homes and apartments  (22 ) + Government payments to retirees  (17 ) + Business Fixed Investment  (9)

= 75

5 0
3 years ago
Colgate-Palmolive Company reports the following balances in its retained earnings.
Dafna11 [192]

Answer:

a. $1,028 million

b. 46.7%

Explanation:

a. Dividends are taken from the retained earnings and net income is added to the retained earnings. The formula for ending retained earnings is;

Ending retained earnings = Opening Retained earnings + Net Income - Dividends

14,329 = 13,157 + 2,200 - Dividends

Dividends = 13,157 + 2,200 - 14,329

Dividends = $1,028 million

b. Dividends as a percentage of income

= 1,028/2,200

= 0.467

= 46.7%

3 0
3 years ago
A customer came to your department with an urgent question. You promised her that you would collect information about her questi
Firdavs [7]

Answer:

Ask your supervisor if you can be late for the meeting.

Explanation:

Customer is the most important aspect of any company because it is a person who buys goods and services from the store or a department. It is important to provide better quality, price, and services for making a healthier customer relationship.

Here, according to the given situation, a customer came to my shop for help. I asked her that I will give an answer by 20 minutes in between my supervisor planned a meeting. So, here the customer is important for us and in this case, I will go to my supervisor and will tell about customer urgent query and will ask for schedule the meeting later.

7 0
3 years ago
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