1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
garik1379 [7]
2 years ago
10

Compared to a monopoly that does not price​ discriminate, a monopolist who engages in perfect price discrimination will produc

e:_______
Business
1 answer:
pantera1 [17]2 years ago
7 0

Answer:

An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.

You might be interested in
Suppose the demand for good x is lnqxd = 21 - .8lnpx - 1.6lnpy + 6.2lnm + .4lnax. then we know that the own-price elasticity for
serg [7]

Answer: Inelastic

Explanation:

The coefficients in a log-log model represent the elasticity of your dependent variable with respect to your independent variable. In other words, the coefficient in a log-log demand model is the estimated percent change in Q_{xd} with respect to a percentage change in the independent variables like P_{x}, P_{y}, M, A_{x}, etc.

Thus, coefficient of P_{x} represents the elasticity of demand for good X with respect to Price of good x. So, Own-price elasticity of good x is 0.8.

Since this is less than 1 the good is relatively inelastic.

5 0
3 years ago
Freddie's Market offers customers tissues, canned goods, napkins, and various detergents in basic packaging with no identified b
Irina-Kira [14]

Answer:

True

Explanation:

Generic goods are the products which are named by their product type. The store have many generic goods with lower prices than nationally known brand names. Freddie's Market is also offering its customers generic goods like tissues , napkin and various detergents with no specific brand name. These goods will be less expensive than the brand labelled goods.

3 0
3 years ago
Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of t
Alisiya [41]

Answer:

Explanation:

a. The computation of the labor rate variance is shown below:  

= Actual Hours × (Actual rate - standard rate)  

= 5,050 × ($16.80 per hour - $16 per hour)  

= 5,050 × $0.80 per hour

= $4,040 unfavorable

b. The computation of the labor time variance is shown below:  

= Standard Rate × (Actual hours - Standard hours)  

= $16 per hour × (5,050 hours - 1,000 × 5.4 hours)  

= $16 per hour × -350 hours

= -$5,600 favorable

c. The computation of the total labor variance is shown below:  

= (Actual hours × Actual rate) - (Standard hours × standard rate)

= (5,050 hours × $16.80 per hour) - (1,000 bicycles × 5.4 hours × $16 per hour)

= $84,840 - $86,400

= -$1,560 favorable

7 0
3 years ago
Malik's first day as a new manager ended up more challenging than he expected. While having to adjust to a new workplace and new
Elis [28]

Explanation:

In this case, the ideal would be for the new manager Malik to develop an action plan so that he could retain the employee that everyone referred to as one of the best in the company and with high potential.

When the employee exposes his or her dissatisfactions with the job to the manager, such as exhaustion and frustration, the manager must conduct an in-depth analysis of the causes of the employee's problem. It is important to know that exhaustion can be caused by overwork and frustration due to lack of motivation and challenges at work.

The ideal, therefore, would be for Malik to find a strategy to make the exemplary employee's work more flexible and thus his tasks would become more dynamic and facilitated as much as possible, which would assist in the employee's productivity and motivation.

It would also be ideal to institute new work challenges for employees with appropriate training and work redesign, so that their problems are reduced and their appreciation and satisfaction with their work is increased.

5 0
3 years ago
On October 31, the stockholders’ equity section of Sunland Company’s balance sheet consists of common stock $696,000 and retaine
nika2105 [10]

Answer:   Please find answers in the explanation column

Explanation:

Summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.

                     Before action After stock dividend After stock split

Stockholder's equity  

Paid in capital $696000 696000+ $65,250           $696,000

                                                       =$761,250

Retained earnings $397000 397000-($65,250)             $397,000

                                                          =$331,750  

Total Stockholder's

equity                 $1,093,000        $1,093,000               $1,093,000

Outstanding shares $87,000   87000 + 4,350              87000 x 2 =  

                                                          =$91, 350                      $174,000

Calculations:

stock dividend = Number of outstanding shares x percentage of dividend

= 87,000 x 5% =4,350

Amount to purchase 4,350 shares= number of shares x market value per share = 4,350 x 15= n$65,250

Number of shares after stock split of 2-for -1 = 87,000 x 2 = 174,000

7 0
3 years ago
Other questions:
  • Jane and Joe made two investments of $25,000 and $40,000 with different investors that yielded a combined rate of return of 10%
    14·1 answer
  • Which of the following statements about social media is FALSE? Multiple Choice Social media can lead to hiring discrimination by
    7·1 answer
  • Not all employers provide group hospital and health insurance. <br> a. True<br> b. False
    11·2 answers
  • Which of the following types of business ownership has the advantages of pass-through taxation and liability protection? A. A so
    6·2 answers
  • How much does it cost to declaw a cat at petsmart?
    10·1 answer
  • Colter Steel has $5,400,000 in assets. Temporary current assets $ 2,800,000 Permanent current assets 1,590,000 Fixed assets 1,01
    9·1 answer
  • In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and ____
    12·1 answer
  • The money supply decreases if:
    5·1 answer
  • FCIA deduction consists of
    13·1 answer
  • which of the following is not typically involved in rescheduling activities of a troubled sovereign loan? group of answer choice
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!