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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
All of the following are true about selling a listed security "short against the box" EXCEPT: (A) It may be done to arbitrage (B
Alla [95]

Answer:

C. It is done to postpone taxes to a future date

Explanation:

Selling short against the box can no longer be done to defer tax to the next tax period

4 0
3 years ago
Smith Company reported $350,000 in book income before income tax during 20X1, its first year of operation. The tax depreciation
Sloan [31]

Answer:

$73,500

Explanation:

Income tax payable = Book income before income tax*Tax rate

Income tax payable = $350,000*21%

Income tax payable = $73,500

Therefore, the amount of income tax payable that Smith should report in its December 31, 20X1, balance sheet is $73,500

7 0
3 years ago
You are the manager of a local bank. Due to unstable financial conditions, savers are worried that your bank may fail. When they
stealth61 [152]

Answer:

The discount window

Explanation:

As we can see that there is a liquidity problem for the bank as it has not enough funds to payoff back to the depositors. Also No other bank is ready to lend.

The discount window would be the monetary policy instrument that controlled by the central bank in which it permits the institutions that they are eligible for borrow the money so that they could meet their shortage and this money would be lend for short term duration by the central bank

Therefore it is a discount window

5 0
3 years ago
Suppose that the economy is in a long-run equilibrium at a price level of 100 and full-employment real GDP of $500 billion. An e
Anna35 [415]

Government purchases would need to: decrease by $20 billion.

<h3>What is Marginal Propensity to Consume ?</h3>

Marginal Propensity to Consume (MPC) measures the proportionate rise in the consumption with increase in income or we can say it measures the proportion of extra pay that is spent on consumption of goods and services rather than saving it.

Marginal Propensity to Consume or MPC is dependent on the income level. It may vary with the income levels and it can be seen that the MPC is lower at higher income levels. MPC can be calculated by determining the change in consumption divided by the change in income.

MPC is represented by the consumption line, which is a sloped line that is formed when change in consumption is plotted on the vertical y-axis with change in income on the horizontal x-axis.

This can be illustrated from the following formula.

k = 1/ 1- MPC

Where k = Multiplier effect

MPC = Marginal Propensity to Consume

<h3>How many Types of MPC?</h3>

MPC can be classified into three types, which are

1. MPC more/greater than 1.

2. MPC equal to 1.

3. MPC less than 1.

Thus , we conclude that the amount of government purchases would have to be decreased by $20 billion.

Learn more about Marginal Propensity to Consume on:

brainly.com/question/14310761

#SPJ4

5 0
2 years ago
Equipment was purchased for $51,000 on January 1, 2012. Freight charges amounted to $2,100 and there was a cost of $6,000 for bu
ELEN [110]

Answer: $20040

Explanation:

The amount of accumulated depreciation at December 31, 2013, will be calculated thus:

Cost = $51000 + $2100 + $6000 = $59100

Less: Salvage value = $9000

Depreciable cost = $50100

Annual depreciation will then be:

= $50100/5

= $10020

Accumulated depreciation at Dec 31,2013 will then be:

= $10020 × 2

= $20040

5 0
2 years ago
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