Answer:
d. In perfect price discrimination, the firm is able to convert the entire area of consumer surplus that existed under perfect competition into producer surplus.
Explanation:
Perfect price discrimination occurs when the firm charge the <em>maximum price</em> that consumer is willing to pay <em>for every unit sold</em>.
(That price is given by the demand curve)
They will produce where the lowest price they can charge is equal to their marginal cost (marginal cost = marginal revenue), in other words where Supply curve meet Demand curve, ie. free market equilibrium (so no deadweight loss).
Their revenue will be a + b + c. That includes a, the entire consumer surplus under perfect competition.
The statement above is popularly referred to as Whorfian hypothesis. The hypothesis states that language directly affects the way people think about the world and the way they perceive it, thus it holds the idea that one's language determines one's conception of the world.
The money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
<h3>What is the money multiplier concept?</h3>
The money multiplier concept describes the quantity of money created by banks through the interaction of bank deposits and reserve ratios.
When the U.S. Federal Reserve wants to increase the money supply, it reduces the reserve ratio and vice versa.
Thus, the money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
Learn more about the money multiplier concept at brainly.com/question/16777479 and brainly.com/question/27464330
#SPJ1
<span>The EVMS term that represents the value of work actually accomplished is EV. EVMS stands for earned value management system. This system allows businesses to see the cost that is budgeted for work that needs to be done. EV </span>refers to the earned value that is found in the work being accomplished.
Answer:
c. financial resources
Explanation:
Based on the information provided it can be said that the most likely reason for the success of Lezos in international markets are their financial resources. That is because (like mentioned in the question) they are able to keep supporting these projects financially for as much time as they need in order for them to actually become successful. Therefore there is no other factor in play except for money.
