Answer:
both revenue-oriented and operations-oriented
Explanation:
revenue-oriented pricing can be understood the strategic price level that the producers set to maximize the amount of profit they earn. As it can be seen from the given passage, the company starts noticing more about the earnings, so that they decided to cut down on the discount offering to the customers and set higher price. By that, it can help raise the revenue of the company.
Meanwhile, operations-oriented pricing is price strategy that the company adopts to optimize productive capacity as well as the efficiency of the manufacturing procedure. This is indicated in the actions of expanding fleet of vans and enlarge delivery networks of the company to raise the productivity.
Answer: 16 units more than social optimum.
DWL = dead weight loss = (1/2)*(Q* - Q°) 12 =96
Explanation:
Q=1200 - 4P and Q=-240 + 2P
In a free market quantity demand =quantity supplied
1200 -4P = -240 +2P
P =240
Sub P
Q* = 240
Socially optimal quantity is
Marginal social benefit (MSC)= marginal social cost(MSC), including external damage =MEC
MPC= marginal private cost =inverse of supply function
MPC = (1/2)*Q + 120
MEC=12
MSC =(MPC +MEC) = (1/2)Q +120 +12
MSC= MPB where MPB is marginal private benefit = inverse of demand functn
MPB = 300 -(1/4)Q
(1/2)Q + 132 =300 - (1/4)Q
Q° = 224
Difference btw Q* & Q° = 16 units more than social optimum.
DWL = dead weight loss = (1/2)*(Q* - Q°) 12 =96
No, I feel that targeted advertising with cookies is not at all objectionable; rather, it is a very efficient technique for an organization to advertise and promote its products or services.
We commonly see files and pop-ups in our browsers when browsing the internet; these are cookies, and we typically encounter them at sites that we frequently visit. I feel that this is not at all offensive, but rather an efficient method of advertising and marketing things by segmenting the appropriate audience or prospective business.
Targeted advertising, or those customized ones that follow you across the internet containing products that you might really desire, have a lot of negative connotations: they're creepy, misleading, and possibly humiliating, among other things.
A cookie is a piece of software that allows websites to access data saved on the hard disk of a user. This enables them to recognize a visitor when he returns to their site, but only if the user has already identified himself with personal data that permits him to be recognized. For each new user, each new cookie generates a unique identifying code. These cookies can only be acquired for usage when the user directly visits the website server or via a third-party tag.
For more information on Cookies, visit :
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Answer:
4 years
Explanation:
It takes 4 years to accumulate the required amount.
Answer:
Laffer curve.
Explanation:
Laffer Curve is developed by
Arthur Laffer. It is used to show the relationship between tax rates and the amount of tax revenue collected by governments of a particular country. Laffer curve is used to demonstrate Laffer’s argument that sometimes cutting tax rates can increase total tax revenue.
Laffer curve shows the relationship that occurs between the tax rate and the amount of tax revenue collected
The relationship between the tax rate and the amount of tax revenue collected is called the LAFFER CURVE curve. This curve shows that TAX CUT CAN INCREASE TAX REVENUE.
The drawing of a laffer curve has been attached
