Price discrimination is a rational strategy for a profit-maximizing monopolist where a monopolist is a price taker.
<h3>What is monopoly?</h3>
A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are dangerous because they can become immensely powerful and use this power to further benefit themselves and gain even more power. A monopolist can raise the price of a product without worrying about the actions of competitors. In a perfectly competitive market, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.
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Answer:
B. tariff
Explanation:
A tariff is a form of tax imposed on imported goods by a country .
Quotas place a limit on the quantity of goods that can be imported.
Embargo prohibits the sale of certain goods.
Voluntary export restraint is when an exporting country limits the amount of goods it exports.
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If ever the attention-getter isn’t able to establish the manufactured
goods, the service or scheme, it must lead logically to the introduction. It is
called being Cohesive. Being cohesive is the extent wherein the team members
remain united in pursuing a common goal for the business.
Answer:
Option (d) is correct.
Explanation:
Given that,
Cash = $300,000
Short-term investments = 400,000
Accounts receivable = 900,000
Total operating expenses = 640,000
Depreciation expense = 140,000
The numerator part in the formula of days' cash on hand is cash and cash equivalents available.
Cash and cash equivalents available:
= Cash + Short term investments
= $300,000 + $400,000
= $700,000