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Vikki [24]
3 years ago
12

Suppose a monopolist produces two different products. If the marginal cost of producing one is lower than the marginal cost of p

roducing the other, and the monopolist charges a different price for the two goods, then the monopolist is:
Business
1 answer:
soldier1979 [14.2K]3 years ago
4 0

Answer:

perfectly price discriminating.

Explanation:

here are the options to this question :

not maximizing its profit.

imperfectly price discriminating.

not price discriminating.

perfectly price discriminating.

perfect price discrimination also known as first-degree discrimination is when a seller sells his product at the maximum possible price for each unit consumed. Due to the price variance, the seller captures all available consumer surplus.

A monopoly is when there is only one firm operating in an industry.

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An upcoming convention has secured 300 rooms at $140 per room for Friday night. The rack rate for Friday night is $250 per room
m_a_m_a [10]

Answer:

$67,000

Explanation:

The total revenue will be income from the 300 rooms and that from 100 rooms

=(300 x $140) + ($100 x 250)

=$42,000 +$25,000

=$67,000

6 0
3 years ago
In a job order cost accounting system, when goods that have been ordered are received, the receiving department personnel count
antiseptic1488 [7]

Answer:

The correct answer is letter "A": receiving report.

Explanation:

A receiving report is the document in which the goods purchased and received from a supplier are recorded. The document contains the details of the supplier, the type, price, and quantity of the goods being exchanged, and the conditions of the items. It is useful to keep the inventory updated and to eliminate the pending job orders from the records.

6 0
3 years ago
The reduction of on the job injuries and illnesses would benefit employers, because they would
marusya05 [52]
B is the correct answer.
8 0
3 years ago
Regardless of income or wealth, setting aside some portion of current income regularly for future use helps in developing good _
sdas [7]

Regardless of income or wealth, setting aside some portion of current income regularly for future use helps develop good income savings.

Personal saving is the money left over after people spend their money and pay their taxes. The personal saving rate is the percentage of disposable income that people save. This rate is used to learn about Americans' financial health and to forecast consumer behaviour and economic growth. the average saving rate by income or wealth class The dotted line represents the frequently stated 4% number, which comprises the poorest 90% of income earners. The top 10% to top 1% of income earners save about 12%, which I find relatively low. Only the top 1% holds a fantastic 38%.

Learn more about Personal saving here:

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5 0
2 years ago
What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet? (c
vredina [299]

A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.

<h3>What is liability?</h3>

What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.

What your business has that has the potential to generate future financial benefits are its assets.

What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.

Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.

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7 0
1 year ago
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