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3 years ago

A firm practicing third-degree price discrimination may:

Business

1 answer:

nata0808 [166]3 years ago

6 0

Answer:

(B) I and II

Explanation:

Price discrimination is when a producer charges different prices for his good or service.

Third degree price discrimination is when consumers are charged different prices for the same good due to certain factors. E.g. age, gender, location.

Second degree price discrimination is when consumers who buy in bulk are given discounts.

First price discrimination is when consumers are charged different prices according to their willingness to pay. Example of first price discrimination is initially charging high prices and then reducing the price over time to sell to the more price-sensitive consumers.

I hope my answer helps you.

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Which of the following contributed to the financial crisis of 2008?

yarga [219]

All of the above given options contributed to the financial crisis of 2008.

Option D

<h3><u>Explanation:</u> </h3>

The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.

2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.

5 0

3 years ago

7. A fast-food chain plans to expand by opening several new restaurants. The chain operates two types of

garri49 [273]

≤

Explanation:

Drive through Full Service

Annual revenue 200,000 500,000

Cost 100,000 150,000

Income 100,000 350,000

Employee 5 15

Income / employee 20,000 23,333.33

Using simultaneous equation ,

Let X represent the drive through service ,and Y represent the full service restaurant

Budget = 100,000x + 150,000y ≤ 2,400,000 (equation 1)

Employer = 5x + 15y ≤ 210 (equation 2)

(Divide equation 1 by 10 ,000)

10x+ 15y ≤ 240 (equation 3)

Using elimination method, multiply equation 2 by -2

10x +15y ≤240

-10x - 30y ≤-420

-15y ≤ -180

y≤ -180/-15

y = 12

substitute y = 12 in equation 3

10x + 15y≤240

10x +180 ≤240

10x≤240-180

10x≤60

x≤6

12 1,800,000 180

6 600,000 30

6 drive through services and 12 full services should be opened.

6 Drive through 12 full service 20

Cost 600,000 1,800,000 2,400,000

Employees 30 180

Net income 600,000 4,200,000

6 0

3 years ago

When bonds are sold at a premium, if the annual straight-line amortization amount is compared to the annual effective interest a

Tasya [4]

Answer:

When a company uses the straight line amortization of bond premiums, the total amount of interest expense will be equal to the expense calculated using the effective interest method.

The advantage of using the straight line amortization is that it is a much simpler method. Under this method, the bond's premium is amortized over the life of the bond.

8 0

3 years ago

Ements

Norma-Jean [14]

Answer:

agree vvvvvvvvvvvvvvvvv

6 0

2 years ago

The following partially completed process cost summary describes the July production activities of Ashad Company. Its production

Gelneren [198K]

Answer:

Explanation:

We solve this prblem in three steps

Step#1

In this step we will prepare the summary of units produces and trasffered and units in closing stock

Opening units 8000

Started 133000

141000

Transffered 122000

Closing 19000

Step#2

We will prepare production and cost table, total cost will be divided by the total units produced to identify the cost per unit incurred on material, labor and overheads.

Cost opening Current Total Complete Closing Equiv. Cost

Head Cost Cost Cost units WIP Units Per unit

Material 38,600 751,000 789,600 122,000 19,000 141,000 5.6000

Labor 1,480 138,820 140,300 122,000 13,300 135,300 1.0370

O.H 2,960 267,640 270,600 122,000 13,300 135,300 2.0000

Step-3

In this process we will calculate the cost incurred during the period.

Complete 122,000 8.64 1,053,708

Closing Wip

Material 19,000 5.60 106,400

Labor 13,300 1.04 13,792

Overheads 13,300 2.00 26,600

146,792

Total Cost 1,200,500

4 0

3 years ago