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4 years ago

.Consumers are better off with pricing in the following order: 1); 2); 3).

Business

1 answer:

rosijanka [135]4 years ago

6 0

Answer:

Option (A) is correct.

Explanation:

(i) Competitive market

(ii) Single price monopoly

(iii) perfect price discrimination

Consumer surplus are the highest in the perfectly competitive market conditions as compared to single price monopoly because prices are determined by the market forces and firms are the price taker.

Consumer surplus is zero when there is a perfect price discrimination because price is charged according to the willingness of the consumer.

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list three examples of human capital you would like to develop and specifically how you might be able to develop it

Gnesinka [82]

Answer:

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2 years ago

A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.

creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

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3 years ago

In your opinion ,what is the correct priority in making a business decision?#1 personel integrity,organizational values,profit..

kumpel [21]

The correct priority in making business decision is:

#3 profit, organizational values,personal integrity.

The main reason why you put up a business is to gain profit. Thus, it is a priority. Second consideration would be the organizational values. Organizational values will determine the longevity of the company and the tenure of its employees.

5 0

3 years ago

Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $169,000 Credit sale

BARSIC [14]

Answer:

$5,750

Explanation:

The computation of the balance in the allowance for doubtful accounts after bad debt expense is shown below:

= Account receivable × estimated percentage - credit balance of Allowance for doubtful accounts

= $295,000 × 0.03 - $3,100

= $8,850 - $3,100

= $5,750

By deducting the credit balance from the estimated amount we can find out the balance in the allowance for doubtful accounts

4 0

3 years ago

Brown Company’s December 31, Year 1 balance sheet showed $1,800 cash, $200 accounts payable, $600 common stock, and $1,000 retai

never [62]

Answer:

Correct answer is $1,050 balance in retained earnings on the year 2 balance sheet

Explanation:

Retained earnings has a beginning amount of $1,000, then we incurred $1,700 revenue less the expense incurred in rent in the amount of $1,350 (1,800 / 12 months x 9 months). Then the company paid $300 dividends fro the year that is a deduction to the retained earnings balance.

Retained earnings beginning, $1,000

Add: Revenue 1,700

Less: Rent expense (expired portion) 1,350

Total $1,350

Less : Dividends 300

Total ending balance of retained earnings $1,050

*Prepaid rent balance at the end of year 2 is $450 ($1,800 - ($1,800 / 12 months x 9 months)

*Cash outflow from operating is not $1,700 because it is an inflow of cash from the revenue

3 0

3 years ago

.Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________.

.Consumers are better off with pricing in the following order: 1); 2); 3).