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3 years ago

A monopolist that practices perfect price discrimination has the same deadweight loss triangle as the single-price monopolist.

Business

1 answer:

beks73 [17]3 years ago

7 0

Answer:

The correct answer is the option B: False.

Explanation:

To begin with, the price discrimination strategy refers to a technique used by the companies in order to charge different prices to the different consumers regarding the fact of how much would they be able to pay for the product. When it comes to monopolies, a perfect price discrimination strategy would try as best as possible to capture the majority of the zone known as the <em>"consumer surplus"</em>. And that is why that a company with a perfect price discrimination would face a small deadweight loss area due to the fact that with that strategy of price the monopolist will absorve as much as possible of that area becuase the triangle is half consumer surplus and half producer surplus.

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Suppose that Under Armor and Nike are the sole producers of a particularly comfortable athletic shoe. The two firms currently ch

gayaneshka [121]

Answer:

b. both firms will reduce their price.

Explanation:

The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant

So as per the given situation, both the firm should decrease their price

hence the option b is correct

7 0

2 years ago

Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof

IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

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3 years ago

Well over 50% of all projects fail. Research and discuss how the planning process plays an important role in the success or fail

BigorU [14]

Answer:

Project planning plays an essential role in helping guide stakeholders, sponsors, teams, and the project manager through other project phases. Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result.

Explanation: The key in planning is to look at each of the knowledge areas below and make sure you and your team will address each of these areas in ways that will help reach all the end goals.

Communications

Costs

Human resources

Procurement

Quality of deliverables

Business requirements

Risks

Schedules

Project scope

Stakeholders

The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any project.

Often project planning is ignored in favor of getting on with the work. However, many people fail to realize the value of a project plan for saving time, money and many problems.

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3 years ago

An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a ________

nikdorinn [45]

Answer:

d. hostile takeover; tender offer

Explanation:

The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer

Therefore as per the given situation, the option d is correct

hence, the same is to be considered

5 0

3 years ago

Dram shop laws fall under which liability

Inga [223]

<span>A Dram shop law or Dram Shop Act is a rule in 38 different states that makes those who sell alcohol to patrons who are clearly far too intoxicated or too close to being dangerously over the limit are strictly liable for any injuries or damages caused by said drunk person. This is a Civil Liability.</span>

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3 years ago