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S_A_V [24]
3 years ago
13

Customers are usually more willing to pay more for the first unit of a good they purchase than for the​ second, third, or subseq

uent units. This implies that
A. firms are using nonminuslinear price discrimination.
B. typical consumers are irrational.
C. typical consumers have a downward sloping demand curve.
D. firms are unable to determine their​ customers' reservation prices.
Business
1 answer:
Oksana_A [137]3 years ago
7 0

Answer: Option C

Explanation: The given case, illustrates the law of diminishing marginal utility. As per this law, as the consumer consumes more and more of goods the marginal utility from every additional unit tends to decrease.

This makes the demand curve of the individual, slope downward. As the utility satisfaction decreases the price consumer willing to pay decreases .

  Hence from the above we can conclude that the correct option is C.

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A profit-and-loss statement is a financial document that shows a company's income and expenses. T/F
Oxana [17]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>A profit-and-loss statement is a financial document that shows a company's income and expenses." is true</span>
7 0
4 years ago
Read 2 more answers
Suppose that in a monopoly market the total cost per week of producing a high tech product is given by C(x) =3600+100x+2x^2.
vazorg [7]

Answer:

10 units;

50 units.

Explanation:

The revenue function is given by the price function multiplied by the number of units sold (x).

R(x) = x*p(x)=500x-2x^2

The break even point occurs when Revenue equals costs:

C(x) =R(x)\\3600+100x+2x^2=500x-2x^2\\4x^2-400x+3600 = 0\\x^2-100x+900=0\\x=\frac{100\pm \sqrt{100^2-(4*900)}}{2}\\x_1=10\\x_2=90

Therefore, the smallest number of units required for the company to break even is 10 units.

Maximum profit will be achieved at that number of units for which the derivate of the profit function is zero:

P(x)=R(x) - C(x) \\P(x)=3600+100x+2x^2-(500x-2x^2)\\\frac{dP(x)}{dx}=0=8x-400\\x=50

The number of units that will give maximum profit is 50.

3 0
3 years ago
Which of the following would be encountered in a fascist government? Select all that apply. The government requires a small busi
xxTIMURxx [149]

Answer:

Children attend a morning assembly at school to learn patriotic songs, slogans, and goals in support of the government.

Going to synagogue or church is strictly regulated or even forbidden

The government requires a small business owner to make all business and accounting books available for government scrutiny and use.

Explanation:

A fascist goverment will control the economy and the social life of their citizens. they will brainwash the young to decrease riots and mobilization in the future generation as a way to keep power.

They will declare an enemy within the society (jew or business persons) as an excuse to take power and use a police state.

Then, they wil purge all revolucionary force and opposition hrough labor camp and murder.

8 0
3 years ago
What happens to the stock price when the repurchase is announced? Would you expect the price to increase to $90? Explain briefly
ycow [4]

Answer:

The answers are no commitment, the price will not increase to 90 dollars, and there is no additional stock-price increase.

Explanation:

The anoucement of a share repurchase is not a commitment to continue repurchases, so the information content of a repruchase annoucement is less stronger, so the stock value may not increase as much.

The value of any information in the announcement should be priced immediately into the stock. Thus, there should not be any additional stock-price increase.

6 0
3 years ago
1. The payment made each period on an amortized loan is constant, and it consists of some interest and some principal.
AveGali [126]

Answer:

True

true

Explanation:

for  both of these questions the answers are true. the loan repayment is made up of the prncipal and the interest. This is due to the fact that as the amout of the loan outstanding gets to be repaid, the remaining principal balance would be decreased too and the interest that is associated will also be decreased too with time. The payment principal amount is going to be bigger while the interest would be smaller.

6 0
3 years ago
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