Price discrimination is a rational strategy for a profit-maximizing monopolist when there is no opportunity for arbitrage across market segments.
<u>Option: C</u>
<u>Explanation:</u>
Price disparity is a pricing strategy in which businesses charge different rates to each consumer for the same goods or services depending on how much the consumer is actually willing to pay. The consumer usually doesn't know that such actions are taking place. Thus this help monopolies to earn more profit which is drived during market arbitrage, which is basically to reap the benefits of a price gap as it is a simultaneous bartering of the same commodity in various markets. It comes about because of asymmetric knowledge among sellers and buyers.
Answer:
A
Explanation:
Domestic firms go global in order to enter unsaturated markets
Not all countries report their financial statements in US dollars
Firms can avoid labour laws that apply to foreign manufacturers by establishing manufacturing units in the country where the hurdles don't apply
Due to cultural differences, different marketing strategies have to be applied
Answer:
Abbot makes a savings of $74,000 in the current year.
Review full presentation of answers in the attaches
Explanation:
Explanation:
I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.
I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.
Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.
Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.
Answer:
d. Overstate, understate, understate, zero
Explanation:
The amount of earnings overall is the same. so, in the end, there is n difference in retained earnings.
But, on accrual accounting, the note should not enter the accounting as 1,000 as time value of money exist.
At 2016 the sales revenue should be the present value of 1,000 dollars not the complete 1,000 dollars. Thus, is overstated.
Then, the interest accrued from the note are not recognized. Thus, the first year (2016) recognize revenues that should be matched with 2017 and 2018
Thus, these two subsequent years ended understated.
