Price discrimination is a rational strategy for a profit-maximizing monopolist where a monopolist is a price taker.
<h3>What is monopoly?</h3>
A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are dangerous because they can become immensely powerful and use this power to further benefit themselves and gain even more power. A monopolist can raise the price of a product without worrying about the actions of competitors. In a perfectly competitive market, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.
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Answer:
on credit.
Explanation:
A company's cash flow statement does not show the company's net income, since it only recognizes cash sales and cash expenses, while it ignores sales on credit and expenses on credit, e.g. accounts receivable and accounts payable.
Depending on the industry that the company operates in, this may result in huge differences, e.g. a car dealer that sells through its own system of car loans vs. a retail store that sells everything on cash or through credit card payments.
The main purpose of a cash statement is to show how well a company manages its cash position.
Answer:
Answer is explained in the explanation section below.
Explanation:
a. In this part, we need to calculate the present worth using the formula to calculate the sale price of the bond.
As the coupon rate = 10% per year
So,
The Annual dividend will = 2000 = 10% x 20,000
19000 = 2000 (P/A, 14%,4) + B(P/F,14%,4)
19000 = 2000 (2.9137) + B (0.592)
Solving for B = Desired sales price of the bond
B = 
B = 22251
b. Part b of this question is to solve using GOAL SEEK feature of a spreadsheet so, I have attached it in the attachment. Please refer to the attachment for the solution of part b.
Answer: a. $180,000
Explanation: Given that the fair market value of the 5000 shares of stock was $180,000 at that time; Pat should include this in information with proof of it's fair value at the time in schedule A of the form