Price discrimination leads to a _____ price for consumers with a _____ demand. higher; perfectly elastic lower; less elastic higher; less elastic higher; more elastic
According to macroeconomic theory, Price discrimination leads to a higher price for consumers with less elastic demand.
This is because price discrimination is a pricing strategy whereby producer of similar products or identical goods is selling these goods at different prices.
These goods, however, would make the price of some goods higher for the consumers while at the same time having less elastic demand.
There will also be ones with lower prices that would have more elastic demand.
Hence in this, case, it is concluded that the correct answer is option C. " higher; less elastic."
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consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.
From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.
From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.
It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.
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A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,000 annually. If they both open a traditional IRA and make the maximum contribution, how much of their contribution could they deduct
suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.
Based on the information that can be gotten from the question, the price that should be charged by the theater for the matinee ticket will be $7.
From the complete information, when the price is $4 and the 3 customers enjoy the movie, the profit will be:
= ($4 - $1.5) × 3
= $2.5 × 3
= $7.5
Now, let's assume that the price charged is $7 and 2 customers enjoy the movie, the profit will be:
= ($7 - $1.5) × 2
= $5.5 × 2
= $12
Now, when the price is $12 and only 1 customer enjoyed the movie, the profit will be:
= ($12 - $1.5) × 1
= $10.5
It can be depicted that the profit of the theater will be at maximum when the price that is charged is $7.
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What are the four (4) stages of an economy?
A. Recession, Growth, Inflation, Depression
B. Expansion, Peak, Contraction, Trough
C. Expansion, Inflation, Contraction, Depression
Answer: B
Explanation: what business believe will generate the most profits
Robert makes $951 gross income per week and keeps $762 of it after tax withholding. How many allowances has Robert claimed? For weekly income between 950 and 960, the number of withholding allowances claimed are: 0, 259 dollars; 1, 242 dollars; 2, 224 dollars; 3, 207 dollars; 4, 189 dollars; 5, 173 dollars; 6, 162 dollars; 7, 151 dollars; 8, 140 dollars. A. One b. Two c. Three d. Four Please select the best answer from the choices provided A B C D.
Answer:D
Explanation:
Answer:
D
Explanation:
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THE Leo Frank case is one of the most notorious and highly publicized cases in the legal annals of Georgia. A Jewish man in Atlanta was placed on trial and convicted of raping and murdering a thirteen-year-old girl who worked for the National Pencil Company, which he managed.
Which of the following is an advantage of renting? a. Ease of mobility b. Economic gain c. Financial risk d. Tax savings Please select the best answer from the choices provided A B C D.
Answer: Tax Savings
Explanation:
Tax savings are a benefit of renting. As a result, choice (D) is the right response.
What are the advantages of renting?The advantages of renting are as follows:
The absence of maintenance and repair expenses is one advantage of renting a home.Renters also save money by having access to services that would otherwise be quite expensive.Renters do not have to pay property taxes, which is one of the main advantages of renting as opposed to buying.The upfront fee is another area where renters get a better financial deal.Homeowners are limited to the places where they can afford to buy, but renters can live in almost any place.Property values fluctuate. Renters are significantly less likely to be impacted by this than homeowners, if at all.While homeowners are required to keep their homes insurance policy current, renters are required to keep their renter's insurance policy current.Hence, Option (D) is accurate.
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How do you think investing relates to wealth inequality?
true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.
it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc
The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual
Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.
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For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification
For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.
LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.
It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.
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New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.
New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.
A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.
A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.
In conclusion, the correct option is promotion mix.
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Angel has worked as a restaurant server, as a mechanic, as a massage therapist, and as a teacher since he finished college five years ago. He now wants to apply for a cruise ship position, but is unlikely to receive one based on his lack of relevant experience and frequent job changes.
True
False
an important feature of a job order cost system is that each job
Answer:
Job order costing is useful for determining if a job is profitable. It helps the company make estimates about the value of materials, labor, and overhead that will be spent while doing that particular job
Explanation:
the purchase and sale of long-term assets and current investments are classified as:
ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.
Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement. It is the purchase as well as sale of long-term assets at a given period.Therefore, Investing activities is correct.
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PLEASE HELP-AFTER THIS QUESTION I ONLY HAVE 10 POINTS LEFT, AND I DON'T WANT TO HAVE TO ASK THIS AGAIN!!!!!!!!!!!! I WILL GIVE BRAINLIEST, 5 STARS, AND THANKS TO ANYONE WHO CAN HELP ME!!!!!!!!!!!!!!!!!
Will thinks he is a good listener. He holds consistent eye contact whenever his colleagues speak and lets them share without interrupting. He always concentrates on what they are saying, doesn’t ask any questions, and tries to show them support by repeating what they’ve said and making judgments about it. Haley says that though Will exhibits some behaviors of a good listener, he could do better by changing a thing or two about his approach. What would Haley MOST likely suggest that Will should change about his behavior in order to become a better listener?
He should ask questions and stop making judgments.
He should stop repeating what his colleagues have said.
He should stop making judgments and repeating what his colleagues have said.
He should ask questions and stop holding so much eye contact.
Answer:
sup
Explanation:
Answer: He should ask questions and stop making judgments.
Explanation:
brainliest please
Which of the following is an advantage of starting your own business?
Answer:
The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.
Explanation:
Charismatic leadership is now considered part of ________ leadership. Multiple Choice humble transformational ethical transactional
Based on leadership skills, Charismatic leadership is now considered part of transformational leadership.
Though there are specific differences between charismatic and transformational leadership, they share various similarities in their approach and execution.
However, the significant difference between the two is that Charismatic leaders tend to improve the status quo better, while transformational leaders emphasize transforming the organization into the leader's vision.
Hence, in this case, it is concluded that the correct answer is option B. "transformational."
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under the indirect method, the operating activities section of the cash flow statement begins with net income.
It should be noted that under the indirect method, the operating activities section of the cash flow statement starts with net income, therefore, the statement is true.
The cash flow from operating activities is a vital benchmark to determine the financial success of a company.
In the indirect method of depicting cash flow from operating activities, it starts with a net income from the income statement which is then added to the non-cash items in order to arrive at a cash basis figure.
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In Japan, uncertainty avoidance is low, so job descriptions, policy manuals, and similar work-related materials are more open-ended or general, in contrast to the detailed procedural materials developed by the Swedish. Group startsTrue or False True, unselected False, unselected
The uncertainty avoidance refers to a cross-cultural phenomenon that describes how different societies react to uncertainties.
It is true that there is strong uncertainty avoidance in Japan since they like to structure tasks so there is no doubt regarding what is to be done and how it is to be done.It is true that there is low uncertainty avoidance in Sweden when compared to Japan because the job descriptions, policy manuals and similar work-related materials are more open-ended or general in contrast with the detailed procedural materials developed by the Japanese.Read more about uncertainty avoidance:
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The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever
A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate
After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.
How does innovation help business growth?With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.
This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.
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Eight years ago, Ian invested in Rayje Clothiers. He purchased five par value $1,000 bonds issued by Rayje Clothiers at a market value of 94. 956, each of which yields interest of 7. 5%. Ian also bought 250 shares of Rayje Clothiers stock at $17. 22 apiece. Bonds from Rayje Clothiers yield interest of 7. 5%, and stock from Rayje Clothiers yields dividends of $1. 09 yearly. Today, Rayje Clothiers bonds have a market value of 108. 224 and Rayje Clothiers stock sells for $19. 96 per share. If Ian liquidates his portfolio and sells off all of his investments, which aspect of his investment in Rayje Clothiers will yield the greater total profit, and how much greater will it be? a. The bonds yielded $820. 00 more in profits than the stocks. B. The bonds yielded $798. 40 more in profits than the stocks. C. The stocks yielded $21. 60 more in profits than the bonds. D. The stocks yielded $242. 20 more in profits than the bonds.
Answer:
what are tow main reasons that force people travel?
outline 2 reasons for completing assigned tasks daily
In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.
which chart type is ideal for visualizing financial data such as a p&l?
The chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a: bar chart.
A profit and loss (P&L) statement can be defined as a financial report that provides a summarized information of the following financial data about a business firm:
Total revenues.Expenses.Profit.Loss.Hence, a profit and loss (P&L) statement gives an insight to investors on how a business firm is operating and whether or not it has the ability to generate profits at the end of a business year.
Typically, the chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a bar chart because each rectangular bar can be used to represent the finance or revenue (cash inflow) of the business firm.
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A listing of all possible returns on an investment, with a chance of occurrence assigned to each return is known as _____.
Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.
Amy ordering more expensive foods and deciding to share the bill means
she is less price sensitive .
Less sensitivity of price usually occurs when there aren't available
substitutes for a particular product. Amy and Jude visits the restaurant for
lunch in which the price here is always fixed with no alternatives.
This makes Amy order the food regardless despite the idea of sharing the
cost with the other party. This thereby means that she is less sensitive to the
price when sharing the cost.
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If the price that a firm charges is lower than its_____________of production, the firm will suffer losses.
When a firm charges a price for its goods and services, if this price is less than the cost of production, they will suffer losses.
The profit that a company makes is calculated as:
= Selling price - Cost of production
If the selling price is less than the cost of production, the profit will be negative. A negative profit is the same as losses. This means that if a company charges lower than this cost of production, they will incur losses.
In conclusion, companies charge above their cost of production so as not to incur losses.
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when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?
Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in Source and Delivers supply-chain activities.
This is because Supply Chain activities is divided into five components.
The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.
Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.
Other components of Supply Chain activities include the following:
Plan;Make;ReturnHence, in this case, it is concluded that the correct answer is Source and Deliver.
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A _____ resource contains one or more identical units, each of which can be requested and used by a process on a non-shared basis.
a monopolistically competitive market is characterized by
Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.
A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.
The characteristics of the monopolistically competitive market includes:
There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the marketIn conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.
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