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Viefleur [7K]
4 years ago
13

Price discrimination is a rational strategy for a profit-maximizing monopolist when A. consumers are unable to be segmented into

identifiable markets. B. the monopolist wishes to increase the deadweight loss that results from profit-maximizing behavior. C. there is no opportunity for arbitrage across market segments.
Business
1 answer:
creativ13 [48]4 years ago
7 0

Price discrimination is a rational strategy for a profit-maximizing monopolist when there is no opportunity for arbitrage across market segments.

<u>Option: C</u>

<u>Explanation:</u>

Price disparity is a pricing strategy in which businesses charge different rates to each consumer for the same goods or services depending on how much the consumer is actually willing to pay. The consumer usually doesn't know that such actions are taking place. Thus this help monopolies to earn more profit which is drived during market arbitrage, which is basically to reap the benefits of a price gap as it is a simultaneous bartering of the same commodity in various markets. It comes about because of asymmetric knowledge among sellers and buyers.

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The distinction between a normal and an inferior good is A. normal goods are used for the same purposes while inferior goods are
zubka84 [21]

Answer:

The correct answer is C. when income​ increases, demand for a normal good increases while demand for an inferior good falls.

Explanation:

The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.

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4 years ago
Walking through the grocery store, Ramon sees a "buy 2, get 1 free" deal on laundry detergent. Even though he currently has plen
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I’m pretty sure the answer would be d
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3 years ago
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu
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Answer:

$187,975

Explanation:

Calculation to determine The cash payments expected for Finch Company in the month of April

Cash Payment= 3/4 *$198,500 (May's manufacturing cost)+1/4 *$156,400 (April's manufacturing cost received in May)

Cash Payment=$148,875+$39,100

Cash Payment=$187,975

The The cash payments expected for Finch Company in the month of April are $187,975

6 0
3 years ago
Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone
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Answer:

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2. Does Gidgits Galore have to implement a payroll tax for unemployment, workers' compensation, or Social Security? Yes

3. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Is this a good idea? No

4. Does the Commerce Clause have an effect on Gidgits Galore? Yes

5. Can Gidgits Galore face any repercussions if it disregards Title VII? Yes

6. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Would this represent "disparate treatment"? Yes

7. Gidgits Galore wants a "young and hip" workforce. Is there a problem if it chooses not to hire anyone over the age of forty? Yes

8. Gidgits Galore wants to put a section in its updated employment manual preventing employees from taking more than thirty days from work without pay, regardless of the reason. Is this a good idea? No

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Explanation:

Edge 2021

4 0
3 years ago
Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard h
Fofino [41]

Answer:

358.33 times

Explanation:

The computation of the simple forecast combination is shown below:

= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)

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We simply divided the total sales forecasted done by each one by the total number of observations

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4 years ago
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