Answer:
A) = c.) To each customer based on his or her willingness and ability to pay
B) = a. A hotel offering a promotion where customers submit the price they are willing to pay for a one-night stay
Explanation:
A)
First degree price discrimination is also known as the perfect price discrimination. The firm here is able to charge a different price to each individual, taking advantage of each persons' consumer surplus and maximizing the producer surplus. Therefore the correct answer is C for the first part.
B)
Since the hotel is able to charge each individual a separate price as per each consumers' own willingness to pay thus this is an example of perfect price discrimination as each individual will be paying a separate price.
Hope that helps.
Answer: Rs. 120,000
Explanation:
At the end of the year, both assets and liabilities had doubled. New asset and liability figures are therefore:
Assets = Rs. 200,000
Liabilities = Rs. 100,000
Net income is part of equity and as there is no equity, net income must be the entire equity.
Assets = Equity + Liabilities
200,000 = Equity + 100,000
Equity = 200,000 - 100,000
= Rs. 100,000
From this Net income, dividends were distributed to the tune of Rs. 20,000. This should be added back to see the full figure.
= 100,000 + 20,000
= Rs. 120,000
Answer:
A)
U.S Government T-bills 5.50%
U.S Government Long-term bonds 6.25%
B)
real rate of return = [(1 + nominal rate) / (1 + inflation rate)] - 1
U.S Government T-bills 5.50%
nominal rate = 5.5% x 1.1= 6.05%
inflation rate = 5%
real rate of return = [(1 + 6.05%) / (1 + 5%)] - 1 = 1%
U.S Government Long-term bonds 6.25
nominal rate = 6.25% x 1.1= 6.875%
inflation rate = 5%
real rate of return = [(1 + 6.875%) / (1 + 5%)] - 1 = 1.79%
All of them could work together by saving time helping each other cooking and serving food
Answer:
Answer is option C i.e. Members are linked by their work in a particular industry.
Explanation:
An industrial union is a type of trade union where the members are workers from the same industry regardless of the skills they possess. This union comprises all the skilled as well as unskilled workers who belong to the same industry, say the Cotton industry.