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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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Answer:idk

Explanation:idk

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Landow Company uses variable costing for internal purposes and wants to restate income to that of absorption costing for externa
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Answer: 665000

Explanation:

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7 0
3 years ago
Help please!!
Simora [160]

Answer: A domestic corporation operates in the home country, a party established in one and business in the other. Shareholders. They decide on a payout. Relationship between different levels of the market.

Explanation:

  • Domestic corporations are large enterprises that are established in a particular country and do business in that home country. This does not mean that the same corporation has no representative office in a foreign country. A foreign corporation is a corporation that operates in a particular state but is incorporated (or otherwise formed, as its laws provide) in a foreign country.
  • Shareholders are the ultimate owners of corporations. They elect directors and set up corporate administration. They make the most critical decisions regarding a particular corporation and are the owners of shares held by a specific corporation. Shareholders enter into contracts and conduct the central policy when it comes to business.
  • In case the company has a surplus of earnings and decides to pay a dividend to the common shareholders. This assessment is usually made every three months, and then the decision is made. In this case, one-tenth of the accumulated profit is paid.
  • Proxy, in a broad sense, is a connection. This can be a different type of relationship. In this context, it can be a link between different corporations, between the directors of the corporation and the shareholders. Between directors and employees, etc.
  • A quorum represents the number of people needed to hold a founding assembly meeting. That number varies so that it may be different depending on the corporation. The majority refers to the number present, not the vote number. The number of quorum members is usually stated in the founding documents or the articles of association of the corporation.
6 0
3 years ago
The Andrews Company has just purchased $43,088,000 of plant and equipment that has an estimated useful life of 15 years. The exp
OverLord2011 [107]

Answer: $35,332,160

Explanation:

The boik value of the purchase will be calculated thus:

Cost of plant = $43,088,000

Useful life = 15

Savage value = $4,308,800

Depreciation per year = ($43,088,000 - $4,308,800) / 15

= $38779200/15

= $2,585,280

Accumulated depreciation after third year will be:

= $2,585,280 × 3

= $7755840

Book value = $43,088,000 - $7,755,840

= $35,332,160

8 0
3 years ago
true or false When prices increase, producers will tend to decrease the amount of goods or services that they desire to sell
JulsSmile [24]

Answer:

The answer is false

Explanation:

The quantity supplied is positively related with the price of goods and services unlike quantity demanded which is negatively related with the price of goods and services.

This means that the higher the price if a product, the higher the quantity supplied. This is si because producers will want to increase its revenue

6 0
3 years ago
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