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jenyasd209 [6]
3 years ago
9

12. Market efficiency and perfect price discrimination Perfect price discrimination is efficient because it converts what would

have been deadweight loss into consumer and producer surplus inefficient because it converts a portion of consumer surplus into producer surplus inefficient because it results in no consumer surplus efficient because it converts into producer surplus what had been consumer surplus and deadweight loss
Business
2 answers:
yarga [219]3 years ago
7 0

Market efficiency and perfect price discrimination is efficient because it efficient because it converts into producer surplus what had been consumer surplus and deadweight loss.

Perfect price discrimination allows a firm to be more efficient by making it sell at more output level. The firm would have more efficiency level at its factors of production.

Nady [450]3 years ago
6 0

Market efficiency is achieved with perfect price discrimination because what would have been dead-weight loss is converted into consumer and producer surplus through perfect price discrimination.

For the market, efficiency is achieved because the dead-weight loss is converted into producer and consumer surpluses, with enormous benefits to the society.

Thus, perfect price discrimination achieves allocation efficiency for both the producer and the consumer (or the society as a whole).

Learn more about market efficiency and price discrimination here: brainly.com/question/10234084

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What do you expect the level of implied demand uncertainty to be for jasmine rice produced by Thailand at a supermarket? Explain
Tju [1.3M]

Answer:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

Explanation:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

  1. It is related to customer needs & product attributes.
  2. The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
  3. The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
  4. These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
4 0
4 years ago
.The Bank of King's Landing has made many loans to the lords of Winterfell. The Bank is considering whether they will benefit or
kotykmax [81]

The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.

<h3>Effect of Change in Inflation Rate on Lending</h3>

In monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.

The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.

As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.

The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.

Learn more about how inflation affects lending here: brainly.com/question/14988663.

7 0
2 years ago
1.how can you categorize the buyers who are not price sensitive ?
klio [65]
Nsjdjdmd oyster rnsiud. snao she buyers price
5 0
3 years ago
Lifelong Learning( Veronica takes advantage of all training opportunities offered at her job. She registered and attended worksh
vova2212 [387]

Answer:

Lifelong Learning

Explanation:

This is an example of Lifelong Learning. This term refers to when an individual pursues knowledge in any and all shapes and forms from their own free will. This means that they are voluntarily going after knowledge and taking every opportunity to learn more without being forced to do so. Usually, because they believe that knowledge is power and want to learn because they like to do so. This is exactly, what Veronica is doing by taking full advantage of any opportunity that becomes available for her to learn any new skill.

8 0
3 years ago
It is a real problem for us’, said Angnyeta Larson, ‘We now have only ten working days between all the expense claims coming fro
MissTica

The number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.

<h3>What is demand?</h3>

Demand simply means the number of goods as services that an individual is willing to purchase at a price and given time.

Here, the number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.

When a more automated process involving electronic submission of claims could reduce the average processing time to 15 minutes, the effect is that the profitability of the company will increase as there is more output due to reduced time.

When the department coordinators could be persuaded to submit their batched claims earlier, this will minimize the mistakes made by the finance department as there is more time to work effectively.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

8 0
3 years ago
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