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
Lerok [7]
2 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]2 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

You might be interested in
Billy Mitchell is the head cashier for a clothing store that specializes in men’s silk suits. After losing big at the local dog
VARVARA [1.3K]

Answer: Fictitious refunds

Explanation:

A fictitious refund scheme, occurs when a fraudster processes a transaction to look as if a customer was returning a merchandise, even though there was no actual return. While some fraudsters create an entirely fictitious refund, other fraudsters just overstate the amount of a legitimate refund that took place and steal the excess money.

Billy Mitchell covering his gambling debts, issuing several refund credits to his personal credit card for amounts that were below the store’s review limit is an example of fictitious refund scheme.

4 0
3 years ago
Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.86842 9.4
katen-ka-za [31]

Answer:

The cost of the machine will be $85,358.88‬

Explanation:

To calculate the present value of the machine is given by:

Present value=$16000*Present value of annuity factor(10%,8)

=$16000*5.33493

= $85,358.88‬

5 0
3 years ago
20. Otto's Tune-Up Shop follows the revenue recognition principle. Otto services a car on August 31. The customer picks up the v
Allushta [10]

Answer:

Option A-The revenue must be recognized on 31 August.

Explanation:

The accrual concept says that the income must be recognized when they are earned not when the amount is received and expenses when they are incurred not when they are paid.

So according to accrual concept, the entity must deliver its share to recognize sales that is servicing the car. When the entity will service the car then it should recognize the revenue otherwise not. So in accrual basis accounting the date of payment is irrelevant for recognition of revenue and expenses.

4 0
3 years ago
Read 2 more answers
Which of the following is deductible as interest on Schedule A? a.Interest on a loan for a 90-foot yacht (a qualified residence)
vodomira [7]

Answer:

Correct option is A.

<u>Interest on a loan for a 90-foot yacht (a qualified residence) with a kitchen, 3 baths and 5 bedrooms</u>

Explanation:

Assesses are permitted a conclusion for unmistakable intrigue paid or collected during the expense year. Sum and sort of derivation is reliant intentionally for which cash is obtained. Enthusiasm on credit for lease, business and eminence exercises is deducted for balanced gross pay. Enthusiasm on credit if there should be an occurrence of individual utilise like speculation intrigue, qualified home intrigue, contract intrigue prepayment punishments, intrigue identified with aloof action. Enthusiasm on credit used for buying resources producing charge excluded salary isn't deductible.

 

Following interest is not deductible as an itemised deduction:

1. Credit investigation fees

2. Service charges

3. Premium on convertible bonds

4. Interest paid to carry single premium life insurance  

5 0
3 years ago
How does inclusivity practised inclusivity in a private company​
Sergio [31]

How does inclusivity practised inclusivity in a private company​.

4 0
2 years ago
Other questions:
  • What is the price at which a dealer will sell a bond?
    8·1 answer
  • A perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate. What is its present value? g
    10·1 answer
  • According to the Taylor rule, what is the federal funds target rate under the following conditions?
    8·1 answer
  • The​ stockholders' equity of Kowalski Company at the beginning and end of 2018 totaled $ 122 comma 000 and $ 140 comma 000​, res
    12·1 answer
  • Carol works in the same company as Bob. She performs the same work, but receives a lower salary. This is an example of _____.
    14·2 answers
  • Western Electric has 21,000 shares of common stock outstanding at a price per share of $61 and a rate of return of 15.6 percent.
    6·1 answer
  • You are starting the four-year college education today, and you are worried if you have enough money in your account for tuition
    10·1 answer
  • If you are purchasing a new car and have saved $2100 to use as a 10% cash down payment, how much is your total budget?
    8·1 answer
  • Social elements common to this work. Note that common contexts are listed toward the top, and less common contexts are listed to
    7·2 answers
  • allen is recording payroll that was processed outside. which quickbooks function would be most useful?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!