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Doss [256]
3 years ago
12

The perfectly price-discriminating monopolist is like the __________ in this regard.

Business
1 answer:
Nadusha1986 [10]3 years ago
8 0

Answer:

The correct answer is perfectly competitive firm.

Explanation:

The discriminating monopoly of prices is that where each unit of the product is placed at a different rate. That is, the seller charges each customer differently, depending on various factors such as the budget constraint.

The marginal income curve of the monopolist that can discriminate perfectly is exactly the same as its demand curve. The level of production maximizing the benefit of the benefit is Q *, which is the one in which the CMC curve is cut and the demand, the economic benefit (II).

You might be interested in
The Hylands Hotels are liquidating their partnership. Before selling the assets and paying liabilities, the capital balances for
Georgia [21]

Answer:

Ia. Debit Cash $84,000

Credit Non-cash asset $75,000

Gain on sale $9,000

Ib. Debit Gain on sale $9,000

Credit Martha, capital $3,600

Credit Nathan, capita $3,600

Credit Orin, capital $1,800

Ic. Debit Accounts payable $36,000

Credit Cash $36,000

Id. Debit Martha, capital $48,600

Debit Nathan, capita $39,600

Debit Orin, capital $27,800

Credit Cash $116,000

IIa. Debit Cash $35,000

Loss on sale $40,000

Credit Non-cash asset $75,000

IIb. Debit Martha, capital $16,000

Debit Nathan, capital $16,000

Debit Orin, capital $8,000

Credit loss on sale $40,000

IIc. Debit Accounts payable $36,000

Credit Cash $36,000

IId. Debit Martha, capital $29,000

Debit Nathan, capita $20,000

Debit Orin, capital $18,000

Credit Cash $67,000

Explanation:

Ia. During the sale on non-cash asset, we debit the cash we received during the sale and credit the the non-cash asset and another credit of gain on sale. So we debit cash $84,000 credit Non-cash asset to remove it from the book in the amount of $75,000 and another credit of $9,000 gain on sale.

Ib. The gain we credited earlier will be allocated to the partners based on the profiy and loss sharing ratio.

Debit Gain on sale $9,000

Credit Martha, capital (9,000 x 2/5) $3,600

Credit Nathan, capital (9,000 x 2/5) $3,600

Credit Orin, capital (9,000 x 2/5) $1,800

Ic. To record payment to creditor, we simply debit Accounts payable in the amount of $36,000 and credit Cash in the same amount of $36,000.

Id. The cash subject for allocation is the remaining amount after we deduct the cash we paid to outside creditor plus the amount we received from the sale on non-cash asset.

Beginning cash $68,000 - $36,000 (payment to creditor) + $84,000 (cash received from sale of non-cash assets) = $116,000

$116,000 - (45,000 + 36,000 + 26,000) = $9,000

We now allocate the cash based on the capital balances of the partners and divide the excess based on the profit or loss sharing ratio.

Debit Martha, capital (45,000 + (9,000 x 2/5)   $48,600

Debit Nathan, capital (36,000 + (9,000 x 2/5)  $39,600

Debit Orin, capital (26,000 + (9,000 x 2/5)       $27,800

Credit cash    $116,000                  

IIa. During the sale on non-cash asset, we debit the cash we received during the sale and credit the the non-cash asset. The difference between Cash received and the value of an asset will be charged to gain or loss. So we debit cash $35,000 and another debit of loss on sale in the amount of $40,000 then credit Non-cash asset to remove it from the book in the amount of $75,000..

Ib. The loss we Debited earlier will be allocated to the partners based on the profit and loss sharing ratio.

$75,000 - $35,000 = $40,000

Debit Martha, capital (40,000 x 2/5) $16,000

Debit Nathan, capital (40,000 x 2/5) $16,000

Debit Orin, capital (40,000 x 2/5) $8,000

Credit loss on sale $40,000

Ic. To record payment to creditor, we simply debit Accounts payable in the amount of $36,000 and credit Cash in the same amount of $36,000.

Id. The cash subject for allocation is the remaining amount after we deduct the cash we paid to outside creditor plus the amount we received from the sale on non-cash asset.

Beginning cash $68,000 - $36,000 (payment to creditor) + $35,000 (cash received from sale of non-cash assets) = $67,000

$67,000 - (45,000 + 36,000 + 26,000) = ($40,000)

We now allocate the cash based on the capital balances of the partners and divide the losses based on the profit or loss sharing ratio.

Debit Martha, capital (45,000 - (40,000 x 2/5))   $29,000

Debit Nathan, capital (36,000 + (40,000 x 2/5))  $20,000

Debit Orin, capital (26,000 + (40,000 x 2/5))       $18,000

Credit cash    $67,000

7 0
2 years ago
One common strategy for attracting the most buyers, which can be accomplished through several tactics, is:
vekshin1
The answer is : Lowering production cost

If we lower the production cost, it will give us the ability to lower the product's price (which will attract a lot of buyers) without have to lower your revenue margin.

Lowering production costs could be accomplished through several tactics, such as : building a more modern factory, finding a cheaper resources supplier. outsourcing the labor to a cheaper country, etc

4 0
3 years ago
What would happen to the buying power of your investment after one year if your rate of return was 8% and the rate of inflation
Anna71 [15]
Dude why did you put this question like 5 times??
4 0
3 years ago
The following data relate to direct labor costs for August: actual costs for 5,500 hours at $24.00 per hour and standard costs f
Marianna [84]

Answer: c. $1,650 unfavorable

Explanation:

The direct labor rate variance shows the difference between the cost of direct labor that the company thought it would incur vs what it actually incurs for the period.

Formula is:

Direct labor rate variance = Actual cost of direct labor - Standard cost of actual hours of direct labor

= Actual hours * (Actual cost - Standard cost)

= 5,500 * (24 - 23.70)

= $1,650 unfavorable

Unfavorable because the actual cost incurred was more than the cost anticipated.

7 0
2 years ago
National Advertising just paid a dividend of D0 = $0.75 per share, and that dividend is expected to grow at a constant rate of 6
Temka [501]

Answer:

$8.78

Explanation:

National advertising made dividend payment of $0.75 per share

The dividend is expected to grow at a constant rate of 6.50%

= 6.50/100

= 0.065

The company beta is 1.85

The required return on the market is 10.50%

The risk free rate is 4.50%

The first step is to calculate the rate of return using the CAMP model

R = Risk free rate+beta(market return-risk free rate)

= 4.50%+1.85(10.50%-4.50%)

= 4.50%+1.85×6%

= 4.50%+11.1

= 15.6

Required rate of return= 15.6

Therefore the current stock price can be calculated as follows

Po= Do(1+g)/(r-g)

Where Do= 0.75, g= 0.065, r= 15.6

Po= 0.75(1+0.065)/(0.156-0.065)

Po= 0.75(1.065)/0.091

Po= 0.7987/0.091

Po= $8.78

Hence the company current stock price is $8.78

3 0
3 years ago
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