Answer:
Price discrimination
Explanation:
Price discrimination refers to a marketing tactic in which the seller invoice different prices to clients for the identical type of product or service they are offering to the customers
While on the other hand, In pure price discrimination, the seller charges the maximum price from each customer
Therefore in the given situation, here price discrimination should be used
Answer:
It is up to $1000, each day of violation constitutes a separate violation
Explanation:
Acording to the code the total penalty may not exceed a $ 10,000 aggregatethe department may institute and maintain in the name of the state any inforcement proceedings hereunder. money collected hereunder shall be deposited in the state general found.
Answer:
B. Loss on sale is $12,500
Explanation:
The equipment purchase on 1st January 2018. The equipment is sold of 1st July 2020. The duration for accumulated depreciation is 2.5 years. Using straight line method the depreciation will be:
[ 1,600,000 - 130,000 ] / 8 years * 2.5 years = 612,500
The book value for the equipment is 1,600,000 - 612,500 = 987,500
The equipment is sold for 1,000,000
There is gain on disposal of 12,500.
Answer:
TRUE
Explanation:
Supply is sellers ability and willingness to sell a good at given price, time period.
Price of Inputs is a factor negatively effecting Supply. This implies decrease in supply at high input prices (because of lower profit margin), increase in supply at low input prices (because of higher profit margin).
Increase in Supply means rightwards shift in upward sloping supply curve, Decrease in Supply means leftwards shift in upward sloping supply curve.
Steel is an input used in car manufacturing; so increase in steel price will decrease car supply & shift the supply curve leftwards. This will create excess demand/ deficient supply/ shortage of cars in the market at old equilibrium price.
This shortage will then create competition among buyers & increase price, which will contract demand & expand supply - establishing new equilibrium.
Answer: Setup time is dependent on the number of units subsequently produced.
Explanation:
It should be noted that a setup is a required activity and a set of activities. A setup time is also referred to as the changeover time.
The statement that "Setup time is dependent on the number of units subsequently produced" is false. The setup time refers to the interval that is needed to adjust the machine settings in order to make it ready to process a job. The setup time isn't dependent on the number of units that's subsequently manufactured.
