Answer:
c. It must cost the seller more to service some customers than others.
Explanation:
Price discrimination is when a producer is able to differentiate prices and take advantage of its consumers' surplus.
A price searcher is someone who can influence their prices to change, price discrimination is not possible without being a price searcher.
The seller must also be able to distinguish between different customer groups if not individual customers, hence the distinguish is a must for price discriminators.
Reselling the product must be expensive and hard other wise economic agents would buy the products where there is a lower price and take advantage by selling where differentiated price is high.
However point C, is conditional and it may actually not cost the seller any additional costs to charge different prices.
Hope that helps.
Answer:
$0
Explanation:
Given: Purchased price of 1000 shares common stock is $10.
Selling price of 500 share at $20.
First, computing purchase price and selling price
Purchase price of 1000 shares=
Selling price of 500 shares=
Now, computing revenue
Revenue=
Revenue=
∴ There is $0 revenue realised from the sale.
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The statement "<span>A profit-and-loss statement is a financial document that shows a company's income and expenses." is true</span>
Answer:
2.5%
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
<u>Given the following data;</u>
Number of years to double = 28
To find the growth rate, we would use the rule of 70.
Rule of 70 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).
<em>Mathematically, it is given by the formula;</em>
Where;
ARR is the annual rate of return in percent.
Substituting the values into the formula, we have;
ARR = 2.5%
<em>Therefore, the growth rate of the economy's GDP is 2.5%.</em>
Answer:
B
Explanation:
They're trying to encourage employee's to think more innovative to help boost profit.