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laiz [17]
3 years ago
5

Price discrimination is the practice of selling the same good at more than one price when the price differences are not justifie

d by cost differences. Evaluate the following statement: "Price discrimination is not possible when a good is sold in a perfectly competitive market."
Business
1 answer:
coldgirl [10]3 years ago
4 0

Answer:

The statement is: True.

Explanation:

Perfectly competitive markets are theoretical markets characterized by having many buyers and sellers, where products are homogeneous, having easy conditions for entry or exit of new firms, and where producers are price-takers because the price is determined by supply and demand.  

In such a scenario, <em>companies could not set different prices such as in a price discrimination approach because consumers would rather go to the competition.</em>

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Chess Top uses the perpetual inventory system. On May 1st, the beginning inventory consisted of 480 units that cost $65 each. Du
Lyrx [107]

Answer:

the amount of the cost of goods sold is $55,120

Explanation:

The computation of the cost of goods sold for the month is shown below:

Since 800 units were sold out of which 360 units would sold at $70 and the remaining units i.e. 440 units would be sold at $68

= 360 units × $70 + 440 units × $68

= $25,200 + $29,920

= $55,120

Hence, the amount of the cost of goods sold is $55,120

5 0
3 years ago
Which of the following is a process by which investment bankers purchase new securities directly from the issuing company and re
sattari [20]

Answer:

B) Underwriting. 

Explanation:

6 0
3 years ago
Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate
alukav5142 [94]

Answer:

6.67   years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the  nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate  is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)=  6.67  years

It would take  6.67   years for the sinking fund to reach the desired value of $1,200,000

7 0
3 years ago
Act II Costumes currently has $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. The company also has
Len [333]

Answer:

Quick ratio = Current assets - Inventory/Current liabilities

= $480,000 - $340,000/$40,000

= 3.5

Current assets = $120,000 + $340,000 + $20,000 = $480,000

Current liabilities = $20,000 + $20,000 = $40,000

Explanation:

Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.                                                                                                                      

5 0
3 years ago
Which of the following does an employer violate when it terminates an employee for refusing to do something unethical, unsafe, a
maxonik [38]

Answer:

A-public policy

Explanation:

Violation of public policy :A legal claim that an employee has been fired fo not doing and unethical thing which is moral wrong. In many states, for example, an employee can sue for wrongful termination in violation of public policy after being fired for : reporting illegal activities, exercising legal right or not doing illegal things.

4 0
3 years ago
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