1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amiraneli [1.4K]
3 years ago
8

Suppose a monopolist discovers a way to perfectly price-discriminate. Under this scenario, consumer surplus is . What are the ef

ficiency costs (deadweight loss)? .
Business
1 answer:
natali 33 [55]3 years ago
4 0

Answer:

The correct answer is: zero; zero.

Explanation:

If a monopolist discovers a way to perfectly discriminate, it means that the monopolist will charge equal to the willingness to pay from each consumer.

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.

Since each consumer is paying price equal to its willingness to pay, the consumer surplus will be zero.

There will be no efficiency costs. The monopolist will sell output where the maximum price the consumer is willing to pay is equal to or greater than the marginal cost. So all efficient trades will occur, there will be no efficiency costs.

You might be interested in
Match these statements with the appropriate reasoning fallacy below: Killing people is wrong, so the death penalty is wrong! How
WINSTONCH [101]

ADD ME I WILL SEND THE ANSWER AND PLS ADD A PICTURE

7 0
3 years ago
Suppose that there is a checkable deposit intoYourBank. Which of the following statements is an accurate description of the chan
maks197457 [2]

Answer: Option (C) is correct.

Explanation:

The required reserves are the reserves that banks have to keep it with central bank. Required reserves are the fraction of Check-able deposits. The required reserves are determined by multiplying the deposited amount with the required reserve ratio.

Required reserves = Deposited amount × Required reserve ratio

Required reserve ratio is set by the central bank.

3 0
3 years ago
"I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul,
yulyashka [42]

Answer:

B)tie-in sales.

Explanation:

Theses are the options for the question;

A. misrepresentation.

B. tie-in sales.

C. reciprocity.

D. price discrimination.

E. kickbacks

From the question, we are informed about a statement ""I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul, too."

This statement made by a salesperson to a specialty retailer is potentially an example of tie- sales and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.

It should be noted that tie - in sales in finance means that when a cusumer buys a goods he/she must buy the other product, it simply means the products are tied, and this is opposite of Clayton Act which was set up to bring end to transactions that can lead to monopolies.

3 0
3 years ago
In three to five sentences, describe the steps you can take to effectively organize your writing.
xz_007 [3.2K]
There are 1 simple step to organize your writing. First, organize your thoughts on a paper and plan out what you want to add. You can do this with a graphic planner or just writing notes down you need. Next, create a rough draft to make sure your sentences flow properly, that you have no grammatical errors or misspellings. Finally, write out your final paper, so it's clean and well written out.
7 0
3 years ago
The impact of war and terrorism on U.S. business is that
N76 [4]

Answer:

A) fewer jobs will be created in the United States.

B) companies have increased organizational costs, including insurance costs.

C) there is less global trade.

Explanation:

When war and terrorism run rampant, there are a lot of economic sectors that would experience an increase in demand. Example of this would be tourism  And hospitality industry. Nobody really want to have a vacation during wars. So this will made companies in this industry forced to cut off a lot of their employees.

During war, there are also a threat of attacks to the countries that might destroyed a lot of properties owned by the companies. This is why the insurance costs tend to be increased.

War and terrorism tend to resulted in several alliances between different countries. This also could make relationships between countries that previously act as trading partners became strained.

7 0
3 years ago
Other questions:
  • A set of speakers may be purchased now for $1000 or by making a down payment of $150 and additional payments of $100 at the end
    6·1 answer
  • Suppose the firm currently uses the input (L; K) = (8; 10) and produces 10 units of output. In addition, the manager finds that
    11·1 answer
  • Dotted Swiss, dimity, and duck are listed in which one of these fabric categories?
    11·1 answer
  • A firm is a competitive seller of output at amarket price of $3. The only resource itrequires to create its product is labor, wh
    6·1 answer
  • The following information pertains to Crane Video Company:
    6·1 answer
  • The following information has been obtained from the Massena Corporation: 100,000 shares of common stock were outstanding on Jan
    7·1 answer
  • Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and va
    10·1 answer
  • If you could completely remove something you put online forever, what would it be?
    7·1 answer
  • Which of the following statements are true concerning the predetermined overhead rate when the direct labor-hour requirement for
    12·1 answer
  • What are the 3 Levels of Management?:​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!