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Yuri [45]
3 years ago
8

When constructing a demand function, it is necessary to hold many other factors constant, so that a relationship between price a

nd output can be established.
a. True
b. False
Business
1 answer:
ZanzabumX [31]3 years ago
8 0

Answer:

True

Explanation:

The given statement is true because there are other factors that impact the demand for a commodity for example if the income of a person rises then the person will consume more commodity and the demand curve will shift.

Therefore, other factors should be constant while constructing the demand function because keeping other factors constant will not impact the price and output relationship.

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Which of the following best describes the practice of Internet price​ discrimination? A. Giving a product away​ free, but chargi
Alenkinab [10]

Answer:

D) Offering different prices to different customers for the same product

Explanation:

A price discrimination strategy refers to selling the same product or service to different customers at different prices. Companies will try to charge each customer the highest price he/she is willing to pay for the product or service. Theoretically, if a company is able to carry out a successful price discrimination strategy, consumer surplus would be eliminated because the company would charge every customer the highest possible price.

5 0
3 years ago
The Charmatz Corporation has a central copying facility. The copying facility has only two​ users, the Marketing Department and
kobusy [5.1K]

Answer:

Total cost for Operations Department = 92,548

Explanation:

Dual-rate method is a method of allocating costs in which two cost functions are used. Typically, the two functions are a fixed-cost function and a variable-cost function.

First calculate allocation rate for fixed cost for Operations Department

Fixed cost  = 60000

Budgeted copies = 310000

Fixed allocation rate = 60000 ÷ 310000

                                  = $ 0.1935483870967742‬ per copy............eq(2)

Variable cost = $ 0.05 per copy............ eq(1)

Actual usage by Operations department was 380000 copies.

Multiply this amount with allocation rates calculated in eq(1) and e1(2).

Actual fixed cost = 0.1935483870967742 × 380000

                            = 73548

Actual variable cost = 0.05 × 380000

                                  = 19000

Total cost for Operations Department = 73548 + 19000

                                                                = 92,548

6 0
3 years ago
Can someone pelase help me?
Ilya [14]

Answer:

5. the correct answer is B

6.to keep peace among nations

8 0
3 years ago
Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,665 $28,579 April 11,461
mario62 [17]

Answer:

<em>$0.48 per client-visit; $22,856 per month</em>

Explanation:

Where,

y2 is the total cost at highest level of activity;                                                                       y1 is the total cost at lowest level of activity;                                                                      x2 are the number of units/labor hours etc. at highest level of activity; and                           x1 are the number of units/labor hours etc. at lowest level of activity

<em>Variable Cost per Unit </em>

= (28,904 -28,227) / (12,600-11,199)

= $0.48

<em> Total Fixed Cost </em>

= y2 ? bx2

= 28,904 - $0.48 * 12600

= $22,856.00

3 0
3 years ago
Read 2 more answers
Tina and Lynn have decided to start a bed and breakfast in their mountain town. They don't want to spend a lot of money to set u
netineya [11]

A Limited liability corporation would be the ideal business setup for Tina and Lynn based on their needs.

<h3 /><h3>What is a Limited liability corporation?</h3>

It corresponds to a legal business structure where there is greater protection for partners and investors by providing for the separation of personal assets from commercial assets in the event of economic losses.

Therefore, based on the need to protect their personal assets, a limited liability company would be the ideal form of business for them.

Find out more about Limited liability corporation here:

brainly.com/question/14466609

#SPJ1

8 0
2 years ago
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