Answer:
True
Explanation:
The yield management calculates a range of impacts of prices on the demand of the product. And this method is only applicable if the product can be sold for a range of prices. This is the limitation of the yield management and also its assumption that the demand drops with the increase in prices and vice versa.
The answer is increase its price.
Investment transforms into higher costs of the products and given that in a monopoly the monopolist will not face competition, monopolist can take make decisions that affect the price in the short-run.
When the economy has many offerents, one firm cannot increase its price because the buyer will buy from other, so the only way to maximize profits is to produce more, decrease costs or enhancing the product (so the customers may want to pay more for a better product). In a monopoly the buyer hast not options and if the product is needed the buyer will have to pay the higher prices fixed by the monopolist.
Total assets is decreased, liabilities in decreased and stockholders' equity is increased.
If everything else is equal, a company's equity will rise when its assets rise, and vice versa. Adding liabilities reduces equity, while reducing liabilities (for example, by paying off debt) increases equity. These fundamental concepts are critical to modern accounting methods. Paying a dividend reduces cash (i.e., assets) as well as retained earnings, which is an equity account. As a result, assets decrease and equity decreases.
Through retained earnings, revenues increase stockholder equity, while expenses decrease it. This demonstrates the direct relationship between an income statement and a balance sheet.
If you have revenues and profits, your owner's equity will rise. When there are expenses and losses, the owner's equity decreases.
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Answer:
a. John is covered under Part A—Liability Coverage of his policy if Alice sues John for the damage to her house.
Explanation:
Base on the scenario been described in the question, all of the following statements about coverage under John Smith's PAP are true, EXCEPT: John is covered under Part A—Liability Coverage of his policy if Alice sues John for the damage to her house.