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konstantin123 [22]
2 years ago
6

A pizza monopolist employing third-degree price discrimination charges students $10 per pizza and everyone else $15 per pizza St

udents must show the ID before they can get the discount The marginal cost of this monopolist is $5 whether or not the customer is a student. The price elasticity of demand for the students is
Business
1 answer:
tangare [24]2 years ago
8 0

Answer:

The price elasticity of demand for the students is:

inelastic.

Explanation:

The price elasticity of demand for the students is inelastic because there is no change in the quantity demanded by students that changes the price at which pizza is sold to the students.  If one student buys the pizza, the price charged remains $10 and if 1,000 students buy the pizza, the price remains $10 per unit.  Therefore, students' demand for the pizza is said to be static irrespective of price because the price is fixed.

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Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
2 years ago
I need help please! <br> what do you think is positive about franchises in general? negative?
mote1985 [20]

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

7 0
3 years ago
Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c
gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

Selling ( $ 1,090.00 × 2)                  $2,180.00

Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

7 0
3 years ago
A store puts everything on sale for 20% off. If the sales tax is 8%, what percent of the original marked price is the final cost
iogann1982 [59]

Answer:

86.4%

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the original marked price is m

then with a sales discount of 20%

the (pre-sales tax) sale price is 100%−20%=80% of 

The post-sales tax price is the pre-sales tax price plus 8%,

that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.

Therefore the final cost (i.e. the post-tax price) is

4 0
2 years ago
Lewis is a business manager for micro manufacturing company. ethical dilemmas that lewis is not likely to encounter include deci
Dmitry_Shevchenko [17]
Since Lewis is a Micro Manufacturing Company business manager, the ethical dilemmas that he is not likely to encounter is the decision in t<span>he kind of pizza to order for a company meeting. This is not part of his job as a business manager. Rather, he covers issues regarding profits, employees, workplace and stock prices.</span>
7 0
3 years ago
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