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aliina [53]
3 years ago
5

Compared to the monopoly outcome with a single price, imperfect price discrimination _________.

Business
2 answers:
sleet_krkn [62]3 years ago
6 0

Answer:

(i) and (ii) only

Explanation:

Compared to the monopoly outcome with a single price, imperfect price discrimination

(i) sometimes raises total surplus.

(ii) sometimes lowers total surplus.

Firlakuza [10]3 years ago
5 0

Answer:

The correct options are (i) and (ii) only

Explanation:

Price discrimination raises the monopoly's profit otherwise they will choose to charge all the customers the same price.

Examples of price discriminations are:

Movie tickets; theaters charge a lower price for children and older citizens compared to other patrons.

Airplane Tickets; Airplane seats are sold at different prices, many airlines charge a lower price for a round trip ticket between 2cities.

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One way to test an association claim is with a –. This test compares – variables, and the results of the test have two primary c
Alenkasestr [34]

Answer:

The correct answer is bivariate correlation, two, direction, strength

Explanation:

The correlation is based on linear association, that is, when the values of one variable increase the values of the other variable can increase or decrease proportionally. For example, height and weight have a positive linear relationship, as height increases the weight increases. If we plot a point with both variables the point cloud will resemble a diagonal if there is a correlation between the variables.

3 0
4 years ago
Suppose that 50 hot dogs are demanded at a particular price. If the price of hot dogs rises from that price by 5 percent, the nu
Drupady [299]

Answer:

The correct answer is option D.

Explanation:

The price elasticity of demand is measure to find out the change in quantity demanded of a commodity due to change in its price.

Midpoint elasticity is used to measure the elasticity between two points on the same demand curve. It divides the percentage change in price and quantity by their average value or midpoint.

% change in Quantity

=\frac{(48-50)}{((48+50)/2)}

= -0.04081

% change in Price

= \frac{(10.5-10)}{((10.5+10)/2)}

= 0.04878

Price elasticity of demand

= \frac {0.0408}{0.0487}

= 0.83

4 0
3 years ago
A specific strategy that treats the world as one market by using a standardized approach to products and markets is called _____
Ymorist [56]

Answer:

Matrix structure

Explanation:

Matrix structure is the structure where the individuals work across the teams and the projects, which are within the department or the function.

This structure is used in order to bring the managers and the employees together in order to work on the particular objective.

So, the strategy or the approach which treat the world as one through using the approach of standardize is known as the matrix structure.

7 0
4 years ago
If the rate of interest increases 1 percent, what will be the bond’s new price
trasher [3.6K]
Not enough information. need original interest and possibly bond type
4 0
4 years ago
In order to price discriminate, a firm must
Andreyy89

Answer:

A. have permission from the government.

B. face a downward-sloping demand curve.

C. set price equal to marginal cost.

D. be sure the price-marginal cost ratio is the same for all its submarkets.

Explanation:

8 0
4 years ago
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