The Wall Street Journal magazine offers a significant discount to students who purchase a one-year subscription. If the reason for the discount is price discrimination, we can conclude that:
Options:
a. students have a more elastic demand for newspapers than does the general public.
b. students have a less elastic demand for newspapers than does the general public.
c. there is no difference between a student's elasticity of demand for newspapers and any other person's elasticity of demand.
d. students have a perfectly inelastic demand for newspapers.
Answer:
a. students have a more elastic demand for newspapers than does the general public.
Explanation:
We can make this conclusion ased on the information we have about elastic demand.
A more elastic demand means that a consumer (in this case the students), are more sensitive to price and so desire things (the magazine) more as they become less expensive. In other words, their demand can quickly change negatively if there's a degree change in price.
Expansionary is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases). ... One form of expansionary policy is fiscal policy, which comes in the form of tax cuts, transfer payments, ... Monetary policy: Actions of a central bank or other committees
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Solution:
The unit-of-production approach allocates depreciation on the basis of the usage of the commodity.
The first step is to measure depreciation per unit by calculating the sum of less residual value by usable life in units.
For this scenario, we measure ($300,000-$50,000)/40,000 hours
= $6.25 per computer hour as the deprecation cost per device.
That number is compounded by the real use for the year.
In this scenario, 6,000 hours * $6.25 depreciation cost
= $37,500 depreciation bill.
Net purchases
*freight in
=cost of good purchased
Answer: Dedicated Funds
Explanation: A dedicated fund is a part of an income that is strictly set aside for a fixed purpose from the moment they are gotten.
A dedicated fund can take any format, some of which includes; money set aside for savings, money kept as tax, money set aside for insurance payments etc.
