Which of the following is the closest example of perfect price discrimination? Group of answer choices At an auction of antique furniture, each piece of furniture is sold to the highest bidder An electric utility charging higher rates to the customers in the summer season than in the winter season An airline providing discounts to its frequent-flyers as they fly more A golf-club imposing a very high entry fee to reduce membership requests
Answers
Answer:
At an auction of antique furniture, each piece of furniture is sold to the highest bidder
Explanation:
Price discrimination is when a seller charges different prices for the same good to different consumers based on their willingness to pay.
The aim of price discrimination is to eliminate consumer surplus
I hope my answer helps you
Related Questions
Imagine that you wanted to specialize in working with senior citizens. What special needs might this group have? What kind of skills would you acquire if you specialized in this demographic? What kind of location would work well for this population?
Answers
The needs of senior citizens would require the ability of those who can handle geriatrics.
Why is this so?There are special health conditions that come with those who are geriatrics or senior citizens.
This is because, as people age, the body no longer can repair it'self like before and becomes more frail, hence the need for more care.
So working with this kind of population will require skills such as:
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On February 5, McCracken Co. purchases 25 percent of Bradley Company common stock at a total cost of $90,000. Write the necessary adjusting entry.
Answers
Answer:
February 5
Dr Investment in Equity Shares $90,000
Cr Cash $90,000
Explanation:
Preparation of the necessary adjusting entries
Based on the information given we were told that the Company common stock was purchased at a total cost of $90,000 which means that the appropriate adjusting journal entry will be:
February 5
Dr Investment in Equity Shares $90,000
Cr Cash $90,000
:
why do we feel love?
Answers
Answer:
We feel love because a relationship is what makes a human happiest. Its proven scienctficly. I can't spell :p
Explanation:
In judging the quality of hospitals, it is well known that for complicated procedures, such as open-heart surgery, three factors are related to patient outcomes. Which of the following factors is NOT related: A. Experience: The greater the number of procedures per year, the better the results. B. Medical-school affiliation. Teaching hospitals tend to yield better outcomes. C. Location. Suburban hospitals have better results than those in the inner city. D. Size. Larger hospitals tend to yield better outcomes for major procedures than smaller ones.
Answers
Answer:
D. Size.Larger hospitals tend to yield better outcomes for major procedures than smaller ones.
Explanation:
The hospitals provide health care facilities to the public. It is crucial place where one mistake by a doctor or other staff could lead to death of a patient. The patients coming in he hospital need to be treated carefully and timely. The professional and experience will have the skills and expertise to treat the patient carefully and diagnose the problem quickly. The size of the hospital does not matter even the small clinics with professional staff can lead better results.
A diesel-powered tractor with a cost of $250,020 and an estimated residual value of $6,200 is expected to have a useful operating life of 73,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. $fill in the blank 1
Answers
Answer: 365
Explanation:
2. Which of the following services would you expect a depository institution to offer?
a. Pension fund management
b. Electronic funds transfer
c. Accounting transfer management (ATM)
d. Inventory control of revenues
e. All of the above
3. The Banking Act of 1933 gave the Federal Reserve System the authority to:
a. Allows banks to set their own interest rates
b. Ban interest on demand deposits
c. Require customers to have minimum deposits before they can use many of the bank’s services
d. Declare that credit cards can and do replace money
e. Do all of the above
Answers
2. Based on the financial institution perspective and the available options, the services I would expect a depository institution to offer is B. Electronic funds transfer.
3. The Banking Act of 1933 gave the Federal Reserve System the authority to B. Ban interest-on-demand deposits.
What is a depository institution?A depository institution is a term used to describe the type of financial institution common in the United States that is legally allowed to accept monetary deposits from consumers. Generally, according to federal law, however, a depository institution is limited to banks and savings associations but not credit unions.
Therefore, in this case, it is concluded that depository institution services include Electronic funds transfer and checking and savings accounts.Also, in the second part, the Banking Act of 1933 was a law enacted by the United States Congress that ascertained the Federal Deposit Insurance Corporation (FDIC) and imposed various other banking reforms.
The Banking Act of 1933 gave the Federal Reserve System the authority to do the following:
keep banks from investing in specific securitiesregulate interest rates on time depositstell banks how much reserve to maintainban interest on demand depositsHence, in this case, it is concluded that the correct answer is Option B and Option B respectively for the two questions.
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Alpha Industries is considering a project with an initial cost of $8.6 million. The project will produce cash inflows of $2.04 million per year for 6 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 5.79 percent and a cost of equity of 11.39 percent. The debt–equity ratio is .66 and the tax rate is 35 percent. What is the net present value of the project? Multiple Choice $656,266 $625,015 $758,352 $506,837 $729,185
Answers
Answer:
$729,185
Explanation:
The computation of the net present value of the project is shown below:-
After-tax cost of debt = Cost of debt × (1 - Tax rate)
= 5.79% × (1 - 0.35)
= 5.79% × 0.65
= 3.76%
Debt-equity ratio = Debt ÷ Equity
we assume Equity = x
Debt = 0.66 x
Total = 1.66 x
WACC = Respective costs × Respective weight
= (x ÷ 1.66 x × 11.39) + (0.66 ÷ 1.66x × 3.76%)
= 6.861445783 + 1.494939759
= 8.356385542 %
Net present value = Cash inflow × (Discount rate^time period - 1) ÷ (WACC × (1 + WACC)^Number of years - Initial cost
= $2,040,000 × (1.0836^6 - 1) ÷ (0.0836 × 1.0836^6) - $8,600,000
= $728,559
which is nearest to
= $729,185
The value of data mining to the business is:
Answers
Answer:
Simple answer. Competitive advantage.
The value of data mining to a business is primarily the ability to find trends and patterns of knowledge from large amounts of data. Hence option C is correct.
By employing data mining techniques, businesses can extract valuable insights and actionable information from their vast datasets, enabling them to make informed decisions and gain a competitive edge.
Data mining algorithms can uncover hidden relationships, identify patterns, and detect anomalies within the data, providing valuable business intelligence. This process allows organizations to understand customer behavior, optimize marketing strategies, improve operational efficiency, and mitigate risks.
While data mining can also facilitate the retrieval of specific information for executive decision-making, its true power lies in its capacity to reveal meaningful patterns and trends that might otherwise remain undiscovered.
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Complete question is as follow:
The value of data mining to the business is:
O a. The ability to find the needle in the haystack.
O b. The ability to find a specific customer name and account number from large amounts of data.
O c. The ability to find trends and patterns of knowledge from large amounts of data.
d. The ability to find the location of information needed for executive decisions.
Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new checking account balance?
Answers
Answer:
$266.42
Explanation:
$318.59-$52.17=$266.42
What is a good camera for vlogging and how much does it cost? I'm looking something for 1,000 and under.
Answers
Answer:
EOS M50 Mark II EF-M 15-45mm f/3.5-6.3 IS STM Lens Kit Black
search it
What is the effect of just-in-time inventory strategies? A. They increase business efficiency by reducing inventory costs. B. They outsource manufacturing jobs to underdeveloped nations. C. They eliminate the need for tasks such as welding and assembling. D. They expand businesses with the use of worldwide telecommunication.
Answers
The answer is A
Explanation:
Recruiting for field research will take a week longer than expected. However, Ria told you that the project end date is a hard deadline. What can you do?
Think of the triple constraint and remember that one of them will always have the priority. So if time is a constraint, what areas might Ria adjust to reduce
the time in the project? Write 2-3 sentences.
What do you think?
Your answer cannot be more than 10000 characters.
4. Situation 3
After the stakeholders are on the project scone Pis finde
Answers
Ria was able to adjust costs, and employ many recruitment techniques and new product ideas, technical constraints, and design considerations in order to speed up the project.
What is the time constraint in the project?Recruitment for field studies will take a week longer than expected. But Ria let you know that the project's completion date is a tight deadline. Note that given the 3 constraints, 1 of the 3 always takes precedence & she has Limited time only.In this case, a budget constraint is required to save costs.Additional ResourcesReduce project time and scope.Using Project Management ToolsTime is of the essence here. Various recruitment methods can be used to recruit within the limited time frame of field researchvirtual reality interviewsonline forums and social mediaembedding AI into websites such as LinkedIn.In this case, size is the limiting factor. Identify low-priority project components to make room for new product ideas, technical constraints, and design considerations.to know more about field study refer to:
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One basic factor for success with DynamoDB. select one
Answers
Answer:
how can I select one of there isn't any options.
How should expatica enter into the international markets ?
Answers
Expatica should enter into international markets by conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences.
The process conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences will help Expatica to tailor its offerings to meet the specific needs and preferences of each market. The company should also partner with local businesses to gain access to their networks and expertise in navigating the local market. Expatica should establish a strong online presence to reach a wider audience and invest in digital marketing to increase brand visibility and awareness. Additionally, the company should ensure compliance with local laws and regulations, and adapt to local customs and language to establish credibility and build trust with customers. Continuous monitoring of market trends and consumer preferences is crucial to ensure that Expatica remains competitive and relevant in each international market it enters.
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How much cash does the firm actually have? You are the CFO of ABC Corp. You are looking to hire a financial analyst, and you've given an assignment to two short-listed candidates. You've given the following information to the job applicants: The company reported net sales of $5, 625 million. Assume that there were no noncash sales. Operating costs (excluding depreciation and amortization) were 65% of the company's total revenues. Depreciation and amortization charges were 5% of total sales. Interest charges were 15% of earnings before interest and taxes (EBIT) with a tax rate of 40%. You've asked the candidates to give you a number that best represents the cash flow situation of the company. Jake submits a report stating that the firm has $861 million in cash. Kurt submits a report stating that the firm has $1, 142 million in cash available Based on the information given to them, which applicant has provided a better estimate of the company's current cash flows? Kurt Jake
Answers
Answer:
Kurt
Explanation:
The computation of the cash available is shown below;
But before that first we have to determine the net income which is shown below:
Net sale $5,625
Less:
Operating cost -$3,656.25 ($5,625 × 65%)
Depreciation -$281.25 ($5,625 × 5%)
EBIT $1,687.5
Less
interest -$253.125 ($1,687.50 × 15%)
Profit before tax $1434.375
Less:
Tax -$573.75 ($1,434.375 × 40%)
Net income $860.625
Add: depreciation $281.25
Cash $1,141.875
Hence, the Kurt provide a better estimation for the current cash flows
In dealing with the U.S. government, the two key responsibilities of the Fed are lending money to the government and-
A. Controlling the nation’s paper currency.
B. Reviewing congressional spending.
C. Developing the federal budget.
D. Productions government payroll checks.
Answers
The two responsibilities of the Fed are:
Lending money to the government and Controlling the nation’s paper currency.The answer to this question is option A.
The Federal Reserve of the United States.The federal reserve of the country is the body that is responsible for the regulations of the nations currency.
This body is also responsible for controlling the banks and also lending money to the government. They also issue treasuries and bonds to the government.
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The goods and services produced by an economic unit through ______ can be exchanged for a full range of desired products produced by other economic units.
Answers
Answer: specialization
Explanation:
When the goods and services are generated by an economic unit via specification so they can be exchanged.
The following information related to the economic unit is
In the economy, the production, consumption & exchange should be carried out via 3 economic units i.e. firm, household, and the government.It involved the decisions related to the production i.e. what to produce, how to produce, and what prices should be charged.Therefore we can conclude that When the goods and services are generated by an economic unit via specification so they can be exchanged.
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How do you know your Business is ready to partner with a Distributor?
Question 1 options:
You have the Sakes Staff to support it.
All of these Answers are right.
You have a strong Trucking and Delivery infastructure.
You have adequate Inventory Housing.
Answers
Answer:
All of these answers are right, but there are some additional factors that should also be considered when determining if your business is ready to partner with a distributor. Some of these factors include:
Product demand: Distributors are typically interested in partnering with businesses that have a proven track record of strong product demand. If your product is not yet well-established in the market, it may be more difficult to convince a distributor to partner with your business.Marketing and branding: If your business has a strong brand and marketing strategy, this can make it more attractive to potential distributors. Distributors want to partner with businesses that have a clear and compelling value proposition and a strong brand image.Financial stability: Distributors want to partner with businesses that are financially stable and have a strong track record of profitability. This can give them confidence that the partnership will be a mutually beneficial one.Scalability: Distributors want to partner with businesses that have the potential for growth and scalability. If your business has demonstrated that it can scale up production and increase sales, this can make it more attractive to potential distributors.Competitive advantage: Finally, distributors want to partner with businesses that have a competitive advantage in the market. This could be a unique product offering, a proprietary technology, or a strong distribution network. If your business has a strong competitive advantage, this can make it more attractive to potential distributors.The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?
Answers
The concerns that have about the constitutionality of this ordinance are Freedom of Religion, Content-Based Restrictions, Prior Restraint, Equal Protection and Unfettered Discretion.
Here are a few major concerns:
Religious Freedom: The First Amendment to the United States Constitution provides religious freedom, which includes the right to practise and express one's religious views. Content-Based limitation: By treating religious materials differently from other types of materials, the ordinance appears to impose a content-based limitation on communication. Prior constraint: Requiring religious organisations to seek a licence before disseminating religious materials is a type of prior constraint on speech. Equal Protection: If the ordinance treats religious groups differently than other groups or items, it may raise questions regarding legal equality. Unrestricted Discretion: If local officials have unrestricted discretion in choosing who gets a permit, there is a possibility of viewpoint discrimination or bias.For such more question on Restrictions:
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The difference between public sector and private is that public sector usually have the purpose of protecting the good of the public. private sector on the other hand is owned by private individuals instead of the government.
Answers
The difference between the public sector and the private sector is that the private sector is owned by private individuals while the public is owned by the government on behalf of the people so this is TRUE.
How are the public and private sector different?The public sector refers to industries and companies that are owned by the government of a nation on behalf of the people of that nation. This is to ensure that the public good is protected.
The private sector on the other hand is owned by private individuals who act in such a way that they make profits and take those profits instead of the nation.
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A government spends money in order to
Answers
Answer:
The government spends money on: Social Security, Medicare, and other mandatory spending required by law. Interest on the debt--the total the government owes on all past borrowing. Discretionary spending, the amount Congress sets annually for all other programs and agencies.
Answer:
make sure government programs can function properly
Explanation:
AP3X
does rent paid recorded in Cash flow statement?
Answers
Ross wants to invite his coworkers to an upcoming meeting. What tool will allow him to do this MOST efficiently?
А. an electronic calendar
B. a file sharing program
С. a time-keeping tool
D. a project management platform
Answers
Answer:
А. an electronic calendar
Explanation:
Not 100% sure, i was working on this like 2 weeks ago. I would get a 2nd opinion, i hope this helps!
project managemen tool
Explanation: notion
Are the following statements true or false?
(a) Perfect competition has an identical good.
(b) A monopolistically competitive firm makes zero economic profit in the long run.
(c) The defining feature of oligopoly is a large number of firms.
(d) A natural monopoly arises because of the existence of economies of scale.
Answers
(a) The given statement, "Perfect competition has an identical good" is true.
(b) The given statement, "A monopolistically competitive firm makes zero economic profit in the long run" is false.
(c) The given statement, "The defining feature of oligopoly is a large number of firms" is false.
(d) The given statement, "The defining feature of oligopoly is a large number of firms" is true.
(a) In perfect competition, all firms produce identical goods, which means that consumers cannot differentiate between them based on the product. Therefore, firms have to compete based on price and quality of their product.
(b) In monopolistic competition, firms can earn economic profit in the short run but may not be able to sustain it in the long run. This is because other firms can enter the market and offer similar products, which reduces the demand for the original firm's product and lowers its price, eventually resulting in zero economic profit.
(c) The defining feature of oligopoly is a small number of large firms that dominate the market. These firms have significant market power and can influence the market's price and quantity. Oligopolies can lead to collusion between firms, creating barriers to entry and limiting competition.
(d) A natural monopoly arises when a single firm can produce the entire output of the market at a lower cost than any combination of two or more smaller firms. This is due to economies of scale, where the average cost of producing a good decreases as the quantity produced increases.
Therefore, it is more efficient to have one firm producing the entire output rather than multiple smaller firms. However, natural monopolies can lead to market failure, and regulation may be necessary to prevent abuse of market power.
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Allowance for Doubtful Accounts has a credit balance of $463 at the end of the year (before adjustment), and bad debt expense is
estimated at 2% of sales. If credit sales are $552,500, the amount of the adjusting entry to record the estimated uncollectible accounts
receivable is
a. $11,050
b. $10,587
c. $11,513
d. $463
Answers
Answer:
I really need help can you guys please go to my page and answer them!:)
Explanation:
If auto insurance costs $6.54 per $1,000 of coverage, what is the cost (in dollars) to insure a car valued at $18,500?
Answers
Answer:
$120.62
ExplanationExplanation:
6.52*18.5=120.62
The policyholder's car was damaged after a massive hail storm came through her city. The cost of repairs due to the hail damage was $350. Based on her auto policy, how much will the insurance company pay to repair the car?
Answers
Answer:
The insurance company will pay $350 to get the car repaired.
Explanation:
Insurance is as a business arrangement between the insured and the insurer, whereby the insurer, usually a company or the state, agrees to provide some guaranteed compensations for some specific losses upon the payment of some specified premiums by the insured. The insured is the person taking up the insurance policy, while the insurer is the company guaranteeing the compensation for the insured risk. It offers protection to the insured to restore the person to the former position before the occurrence of the risk.
1. Costs and benefits aren't always measured in dollars and cents. Assume
your gym teacher just told you to "drop and give me 20!" You have already
completed one set of 20 pushups. What non-money costs might you
experience if you give the gym teacher what she wants and do another set of
pushups? Answer this question in the form of one or more complete
sentences.
Answers
Answer:
The non-monetary costs you might experience are the calories, time, and the energy that you will burn by doing additional 20 pushups.
Explanation:
As for the benefits, you will lose some calories and gain better physique, strengthening your core. The benefits will certainly outweigh the costs, unless the person drops dead while doing the second act, but your gym teacher should know better. Another point is that not all costs and benefits can be quantified in monetary terms, or "measured in dollars and cents," which the above example has adequately illustrated.
In an effort to make better use of its resources, the New York City Food Bank engaged in lean process improvement.
This employee-driven kaizen effort resulted in a new method for packing meals for distribution to needy families. One
goal of the process improvement effort was to reduce the variability in the meal-packing time. The following table
summarizes information from a sample of data using the current method and the new method. Did the kaizen event
successfully reduce the population variation? Use α = 0.10 and formulate the appropriate hypothesis test.
Sample Size
Sample Variance
State the null and alternative hypotheses.
Hoo-Select your answer - 0²27
H₂o-Select your answer - 0²/2
Calculate the value of the test statistic (to 2 decimals).
The p-value is
V
Select your answer -
.
Current Method
m₁ = 41
$²=23
Use Table 4 of Appendix B.
New Method
12 = 28
s² = 11
Answers
The following formula can be used to determine the test statistic:
Test statistic is equal to [(n1-1)s1]/[(n2-1)s2], where n1 and n2 are the sample sizes and s1 and s2 are the sample variances for the new method and the existing method, respectively.
When the given values are plugged in, we get:
test statistic = [(12-1)*23]/[(13-1)*11] = 1.12 With a significance level of = 0.10 and degrees of freedom of 11 and 10 (from the formula), we can either use a calculator or look up the critical value in the t-distribution table, which is 1.3634.
We are unable to reject the null hypothesis because the calculated test statistic (1.12) is lower than the critical value (1.3634). This indicates that there is insufficient evidence to draw the conclusion that the kaizen event successfully reduced the variation in the meal-packing time among the population.
What is meant by Insufficient Evidence?The term "insufficient evidence" refers to the lack of sufficient data, information, or results to substantiate a particular claim or conclusion with a reasonable degree of assurance. It is said that there is insufficient evidence to reject the null hypothesis when the p-value—the probability of obtaining results as extreme as the observed results—is greater than the chosen significance level in statistics.
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which 2 statements are true about billable expenses
invoicing for a billable expense must always use an income account,
a default markup percentage can be added automatically on the invoice,
the purchase transaction
Answers
Explanation:
The two true statements about billable expenses are:
1. Invoicing for a billable expense must always use an income account: When invoicing a client for a billable expense, it is necessary to use an income account to record the revenue generated from that expense. This allows for proper tracking of the income related to the expense.
2. A default markup percentage can be added automatically on the invoice: Some businesses may choose to add a markup percentage to the original cost of a billable expense when invoicing the client. This markup percentage helps cover any additional costs or overhead associated with the expense. The use of a default markup percentage can automate this process, making it easier to calculate and include in the invoice.