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sattari [20]
3 years ago
15

g True or False and then Explain: Firm profits are always higher if the firm can engage in third degree price discrimination tha

n if it has to charge different groups the same price.
Business
1 answer:
Romashka-Z-Leto [24]3 years ago
3 0

Answer:

true

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

If a company charges different prices to different groups, they would be charging at prices customers would be willing to pay

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Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
il63 [147K]

The net income for the year 2022 is: c. $88,000.

<h3>Net income for the year 2022</h3>

Using this formula

Net income=Revenues - Expenses

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

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7 0
2 years ago
Your company has a cost of capital equal to 10%. If the following projects are mutually exclusive, and you only have the informa
Elena-2011 [213]

Answer:

The project to accept is:

e. E

Explanation:

a) Data and Calculations:

Cost of capital = 10%

Mutually Exclusive Projects:

                            A       B        C        E

Payback (years)   1        5        2        5

IRR                    18%   20%    20%    12%

NPV (Millions) $40    $75    $35   $100

b) Project E should be preferred over all the other projects.  It has the highest net present value (NPV) and its internal rate of return (IRR) is above the company's cost of capital.  It surpasses projects A, B, and C in financial performance terms using time-value of money analysis.

8 0
3 years ago
PLEASE HELP!
kiruha [24]

Answer:

Consumers should not buy from companies that don't source materials

Explanation:

Companies should never have an excuse for not sourcing for their materials responsively and responsibly. They owe an ethical responsibility as well as a duty to offer their customers qualitative products at the best price and that is most sustainable to the environment.In recent times, through the widespread use of social media and the instrument of investigative journalism, it has been able to bring to the surface, the less than responsible activities of many companies in sourcing for their interest of the public and the environment.The 2006 movie "Blood Diamond" shows an avid description of how diamonds are mined and traded in the war-torn country of Sierra Leonne depicting the violation of Human and Child rights and how is excessively enriched diamond suppliers and companies.It is clear that many companies despite the public outcry for transparency in revealing their supply chain in sourcing for their materials still chose unorthodox practices. It therefore, falls on the consumers to spend their money responsibly and make smart and credible choices with their finances by refusing to buy from companies that are not transparent with their source materials.Consumers are the life-wire of any business and the hope of any business survival rests majorly on consumer satisfaction. Researches have shown that companies are no being accountable with the natural resources are utilized and have been used to cause serious harm to people and the environment. Since the companies manage to evade adequate regulations and responsibilities, it falls on the consumers to ensure that their money serves them to the greatest value.

8 0
3 years ago
Chegg As the U.S. economy continues to recover from the effects of the recession of 2007–2009, it is widely anticipated that the
Kazeer [188]

Answer:

Year 1= 1.5%

Year 5= 3.5%

Year 10= 3.5%

10 year nominal interest rate will be 3.5%

Explanation:

7 0
3 years ago
Who in the u.s. is responsible for maintaining money's purchasing power? the senate congress the board of governors of the feder
kkurt [141]

the board of governors of the federal reserve system

3 0
3 years ago
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