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Lerok [7]
3 years ago
9

A monopolist sells to tourists who have demand p1 = 14 – q1 at a price of $8.00. Residents have demand p2 = 10 – q2. The firm im

plements an OPD pricing plan. What price should the monopolist charge to the residents?
Business
1 answer:
Sergeu [11.5K]3 years ago
6 0

Answer:

Price charge to the residents = $4

Explanation:

Given:

p1 = 14 – q1 at a price of $8.00

p2 = 10 – q2

Find:

Price charge to the residents

Computation:

p1 = 14 – q1 at a price of $8

8 = 14 – q1

q1 = 6

In OPD q1 = q2

So,

p2 = 10 – q2

p2 = 10 – 6

p2 = $4

Price charge to the residents = $4

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Explain the technique of making bamboo based handicrafts with an example.​
Gala2k [10]

Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

6 0
3 years ago
Baltimore Inc. reported pretax GAAP income of $45,000 in 2020. In analyzing differences between GAAP income and taxable income,
Reptile [31]

Answer:

Baltimore Inc.

a. Total taxable income = $47,200

b. Income tax payable = $11,800

c. Income tax expense = $11,250

d. Net income = $33,750

Explanation:

a) Data and Calculations:

GAAP determined pretax income =      $45,000

Add nondeductible fines                           5,000

Less exempt municipal interest revenue 2,800

Total taxable income                             $47,200

Income tax (25%)                                      11,800

Income tax expense:

GAAP determined pretax income =      $45,000

Income tax (25%)                                       11,250

Net income                                            $33,750

b) The differences between the GAAP determined pretax income and the tax determined taxable income are due to permanent differences (not temporary).  This implies that there are no deferred tax assets and liabilities and no recoveries from deferred taxes.  However, in reporting its financial performance for the year, Baltimore Inc. still has to comply with the GAAP rules and not the tax rules.

8 0
3 years ago
In addition to biases existing on the part of people who do the ratings, the people who receive evaluations (i.e., the ratees) c
Anton [14]

Answer:

A

Explanation:

In addition to biases existing on the part of people who do the ratings, the people who receive evaluations (i.e., the ratees) can be biased as well. One example of ratee bias is EGOCENTRIC BIAS, which is best described as: The tendency to evaluate oneself more favorably than others do

Egocentric bias happens when you depend on your way of perceiving things more than it really is or how it looks in the eys of others. It is basically seeing things through your perspective.

6 0
3 years ago
Read 2 more answers
If Good C increases in price by 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % , what is the
sergiy2304 [10]

Answer:

1.2

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good D to changes in price of good C.

Cross price elasticity = percentage change in quantity demanded of good D / percentage change in price of good C = 60% / 50% = 1.2

I hope my answer helps you

3 0
3 years ago
Fiat Chrysler is developing a marketing strategy for a new hybrid car and just discovered that their biggest competitor is launc
emmasim [6.3K]

Answer:

Threat? Sorry If its not correct

Explanation:

8 0
3 years ago
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