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Nana76 [90]
3 years ago
6

Suppose group price discrimination is possible but a firm chooses not to and sets the same price in each market. As a result Sel

ect one:
a. price elasticity of demand is the same in each market.
b. the price-inelastic market will buy zero units.
c. marginal revenue in the more price-elastic market exceeds marginal revenue in the less price-elastic market.
d. the deadweight loss is less than if the firm price discriminated.
Business
1 answer:
lana [24]3 years ago
7 0

Answer:

C) marginal revenue in the price-elastic market exceeds marginal revenue in the price-inelastic market

Explanation:

Marginal revenue will increase as the price elasticity of demand increases. When marginal revenue is positive, the demand is elastic, when marginal revenue is negative, the demand is inelastic.

Therefore if the company sets the same price for different markets, the marginal revenue will be higher where the price elasticity of demand is higher (more elastic). But it will be lower where the price elasticity of demand is lower (more inelastic).

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As the vice president of sales for Dunder Mifflin, Inc., a company that manufactures and sells paper to commercial offices, it h
nirvana33 [79]

Answer: Create Focus Groups.

Explanation:

Creating a Focus group out of the Customers that use the Scranton branch would help Dunder Milfflin find out a more specific issue that they are complaining about.

Should customers be brought together and asked what they think should be done to improve service, you will find that many complaints are similar which would enable a better way to tackle the issue faster opposed to tackling each issue as they come.

This Focus Group method is very efficient and accurate as the problems come from the horse's mouth so to speak and Multiple problems can be then be found and categorized separately.

7 0
3 years ago
A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may af
butalik [34]

Answer:

The appropriate fill-in-the-blank is 05 years. Thus the statement becomes

A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after <u>05</u> years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.

Explanation:

According to the KRS 335.360, A person whose license has been revoked is eligible to apply for reinstatement after 05 years.

4 0
3 years ago
A farmer finds that when he produces more corn, he also has more corn stalks that he can then sell as decorative ornaments. To t
yulyashka [42]

Answer:

"Complements in production" is the correct answer.

Explanation:

The changes throughout the demand through one counterbalance throughout manufacturing resulted in higher consumption of one another.

  • Complements instead in production however are commodities manufactured collaboratively from a certain revenue stream as well as input.
  • This generally occurs when the revenue stream in the discussion has components that could be composed of certain commodities categories.
6 0
3 years ago
A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.
Dafna11 [192]

Answer:

hey matthew

Explanation:

Is TRUE.

Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.

6 0
4 years ago
Read 2 more answers
When a light is turned on, the power grid delivers exactly what is needed, instantly. It is impossible for computers and network
Vesnalui [34]

Answer:FALSE

Explanation: A Grid computing is a computer architectural design which can be described as a SUPERCOMPUTER SYSTEM,where all the components of a computer systems are interconnected functionally in order for them to work as a single unit.

WITH GRID COMPUTING, COMPUTER SYSTEM AND NETWORK SYSTEMS CAN BE SEEN TO ACT IN THE SAME WAY AS THE POWER GRID AS IT ALL THE COMPONENT WORK IN ORDER TO DELIVER THE NEEDS OF THE DESIGNERS OR END USERS.

6 0
3 years ago
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