The answer to this question is A. It is true that price discrimination can occur in both perfectly competitive and monopoly markets.
Price discrimination is a practice in which companies charge different prices for the same product or service to different groups of consumers. For example, different prices may be charged to different age groups, income levels, or geographic locations by firms. There are three forms of price discrimination, which are:
First-degree price discrimination: When businesses sell products to consumers at different prices based on the maximum amount, they are willing to pay, this occurs. It is a highly customized pricing model, and it is often referred to as personalized pricing.Second-degree price discrimination: This is when a company sells a large quantity of products to a customer at a lower price than they would if the customer purchased the same products in smaller quantities. Third-degree price discrimination: This is when businesses charge different prices to different customer groups based on factors such as age, income, and location.A market is said to be a perfectly competitive one when it is highly competitive, with several firms offering identical or very similar products or services. A monopoly market, on the other hand, is a market in which one company dominates the supply of a particular product or service.
Other options are explained here,
B) can maximize profits if the seller can prevent the resale of goods between customers-Price discrimination can maximize profits if sellers are able to prevent goods from being resold between customers. When the goods are resold, the original buyers become sellers, making competition for the seller's product, which may lead to price reductions, and a decrease in profit. For this reason, price discrimination is more efficient than charging a single price.
C) is illegal in the United States and Europe-Price discrimination is not necessarily illegal in the United States or Europe. Only discriminatory pricing that harms or tends to harm competition in violation of Section 2 of the Sherman Act and Article 102 of the Treaty on the Functioning of the European Union is illegal under antitrust law. This legislation forbids firms from using monopolistic practices that harm consumers or hinder competitors.
D) is illogical because it does not maximize profits- Price discrimination is not illogical because it can maximize profits. It can lead to a higher total profit for the seller than a single price would since customers who have a greater willingness to pay may be charged more.
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An account in which a customer deposits money for a set period of time in
return for a fixed rate is called a:
O A. money market account.
B. checking account.
C. certificate of deposit.
O D. debit card.
An account in which a customer deposits money for a set period of time in return for a fixed rate is called a: C. certificate of deposit.
What is a certificate of deposit (CD)?A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for a fixed interest rate premium.
This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder (customer) than other regular savings account and money market account because banks usually invest this money (lump-sum) in a business, so as to make profit.
Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, which typically makes it somewhat safer than other investment options.
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One can find a project's net present value by subtracting the present value of its required investment from the present value of its future cash flows. (true or false)
Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Librarians? Check all that apply.
speaking
equipment selection
reading comprehension
operation and control
active listening
writing
Answer:
1,3,5,6
Explanation:
Answer:
(1) A. speaking
(3) C. reading comprehension
(5) E. active listening
(6) F. writing
Explanation: I'm looking at my answers right now and it shows check marks so I'm 100% correct.
The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
there are quality issues with the last iteration and the stakeholders are not happy. not only do they not meet the quality expectations, they demand additional security features on the site. also, half your team maybe reassigned to a higher priority project. which issue should you focus on?
The resources should be your first priority. If you lack the resources, the other problems will become more difficult to solve. Answer is option (c).
How do you prioritize high priority projects?High priority projects are those of regional or statewide importance that the Board has identified and that will reduce traffic, improve safety, generate jobs, or advance economic development. Most people prioritize their activities using a tried-and-true system that takes each task's priority and urgency into account.
All the problems can be resolved properly, however the project is in danger without a strong team in place. The project manager or Scrum Master is in charge of prioritizing and resolving crucial obstacles.
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Options for the given questions,
A. Stakeholders
B. Quality issues
C. Resources
D. Security features Assistance
Suppose a busy coffee shop has collected data on customer arrivals and on service times to provide customers with their orders. The average service rate is 30 per hour and 70 customers arrive on average every hour. Assume Poisson arrivals and exponential service times.
1. What is the minimum number of servers required?
a) 2.
b) 3.
c) 4.
d) none of the above.
The minimum number of servers required is 3 (option b). The minimum number of servers required in this busy coffee shop can be determined using the concept of utilization factor.
The utilization factor (ρ) is the ratio of the arrival rate (λ) to the service rate (μ) multiplied by the number of servers (s).
ρ = λ / (s * μ)
In this case, the arrival rate (λ) is 70 customers per hour, and the service rate (μ) is 30 per hour. We need to find the smallest number of servers (s) such that the utilization factor is less than 1, which indicates that the system is stable and can handle the customer traffic.
By testing each option:
a) s = 2
ρ = 70 / (2 * 30) = 70/60 = 1.167 > 1 (not stable)
b) s = 3
ρ = 70 / (3 * 30) = 70/90 ≈ 0.778 < 1 (stable)
c) and d) are unnecessary to check, as we've already found a
stable solution.
So the minimum number of servers required is 3 (option b).
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Which of the following is an example of an industry-level opposed to a firm-level factor?
A) threat of new entrants
B) a firm's culture
C) the teamwork among a firm's employees
D) a firm's products
E) a firm's assets
The answer is A) threat of new entrants. It is an example of an industry-level factor as opposed to a firm-level factor.
Industry-level factors refer to external factors that affect all firms within a particular industry, while firm-level factors refer to internal factors that affect a specific firm. The threat of new entrants is an industry-level factor that refers to the degree to which new firms can enter a particular industry. It is determined by factors such as barriers to entry, economies of scale, and brand recognition.
Firm-level factors, on the other hand, are internal factors that affect a specific firm, such as a firm's culture, teamwork, products, and assets. These factors can be leveraged to create competitive advantages for a firm, but they do not necessarily affect the industry as a whole.
Understanding the distinction between industry-level and firm-level factors is important for analyzing the competitive landscape of an industry and developing strategies for individual firms within that industry. By considering both types of factors, firms can identify areas where they can differentiate themselves from their competitors and gain a competitive advantage.
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The most recognizable resources that a firm uses to manufacture its products, such as the firm's plant and equipment, are categorized as _____ resources.
Tangible resources are the most recognizable resources that a firm uses to manufacture its products, such as the firm's plant and equipment.
What are tangible resources?Tangible resources or asset is resources that have a finite monetary value and are usually a physical form. They are physical assets owned by a company that can be quantified with relative ease and are used to carry out its business .
Tangible resources include:
CashInventoryVehiclesEquipmentBuildings and investmentsHence, tangible resources are the most recognizable resources that a firm uses to manufacture its products, such as the firm's plant and equipment.
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Which of the following careers is most likely to require business skills?
Answer:
1, Communication skill,Leadership skill,Analytical skill
Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
Of every 500,000 jobs in the U.S., the approximate number of those through international firms are _____.
Answer:
90,000
Explanation:
Which of the following is a type of supply chain optimization model? (Check All That Apply) Raspberry Pi optimization Supply chain optimization Inventory optimization Transportation and logistics optimization Visibility optimization EDI optimization
The type of supply chain optimization model can vary depending on the specific needs and objectives of a company. Here are some common types of supply chain optimization models:
1. Inventory optimization: This model focuses on minimizing costs and maximizing efficiency in managing inventory levels. It helps determine the optimal amount of inventory to keep in stock, considering factors such as demand patterns, lead times, and service level requirements.
2. Transportation and logistics optimization: This model aims to optimize the movement of goods from suppliers to customers. It involves optimizing transportation routes, modes of transportation, and shipment consolidation to reduce costs and improve delivery times.
3. Visibility optimization: This model focuses on improving visibility and transparency across the supply chain. It involves using technologies and systems to track and monitor inventory, orders, and shipments in real time. This helps companies make informed decisions and respond quickly to changes or disruptions.
4. Electronic Data Interchange (EDI) optimization: EDI is a standard format for exchanging business documents electronically between trading partners. This model focuses on optimizing the use of EDI to streamline communication, reduce manual data entry, and improve accuracy and speed in exchanging information.
In summary, some common types of supply chain optimization models include inventory optimization, transportation and logistics optimization, visibility optimization, and EDI optimization. These models help companies improve efficiency, reduce costs, and enhance overall supply chain performance.
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an apartment building must have a resident property manager if the building has
An apartment building must have a resident property manager if the building requires on-site management for tasks such as property maintenance, tenant relations, and compliance with regulations.
An apartment building must have a resident property manager if the building has specific requirements or regulations that necessitate on-site management, such as maintaining the property, addressing tenant concerns, coordinating repairs and maintenance, ensuring compliance with local laws and regulations, and handling day-to-day operations.
Having a resident property manager offers several benefits for both the property owner and the tenants. The property manager can handle tenant screening and selection, lease agreements, rent collection, and tenant relations, ensuring a smooth and efficient rental process.
They can also address maintenance issues promptly, ensuring that the building is well-maintained and tenants' needs are met.
Additionally, a resident property manager can act as a point of contact for emergencies, security concerns, and general inquiries, providing a sense of security and convenience for the residents. They can also enforce property rules and regulations, handle disputes or conflicts among tenants, and maintain a safe and comfortable living environment.
Having a resident property manager is especially crucial for larger apartment buildings or complexes with a significant number of units. The scale and complexity of managing such properties require an on-site manager who can oversee the various tasks and responsibilities involved.
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Koby Co. entered into a lease with a vendor for equipment on January 2 for 7 years. The equipment has no guaranteed residual value. The lease required Koby to pay $500,000 annually on January 2, beginning with the current year. The present value of an annuity due for seven years was 5.35 at the inception of the lease. What amount should Koby recognize for the lease asset?
To determine the amount Koby Co. should recognize for the lease asset, we need to calculate the present value of the lease payments. Since the lease is for 7 years and requires annual payments of $500,000, we can use the present value of an annuity due formula.
PV = PMT x ((1 - (1 / (1 + r)^n)) / r)
Where PV is the present value, PMT is the payment amount, r is the discount rate, and n is the number of periods.
Using the information provided, we know that the present value of an annuity due for seven years was 5.35 at the inception of the lease. Therefore, we can use 5.35 as our discount rate.
PV = $500,000 x ((1 - (1 / (1 + 5.35%)^7)) / 5.35%)
PV = $2,926,548
Therefore, Koby Co. should recognize a lease asset of $2,926,548. This represents the present value of the lease payments over the 7-year term. It is important to note that Koby Co. will also need to record a corresponding lease liability for the same amount. This liability represents the obligation to make the lease payments over the term of the lease. As the lease payments are made, the lease liability will decrease, and the lease asset will be amortized over the lease term.
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Which of the following is a characteristic of economic services:
A) tangible
B) freely available to everyone
C) useful
D) non-transferable
Answer:
useful
Explanation:
i got it from USA test prep
Select the correct answer.
Mark works as an operations manager in a manufacturing firm. Mark is very particular about the new employees that the company plans to hire, especially because the business needs skilled workers to use new machinery. Which management function is Mark carrying out to maximize his company’s operations in the future?
A. staffing
B. controlling
C. planning
D. organizing
Answer:
Explanation:
I'd say controlling
It could be staffing tho i don't know
Answer:
A) Staffing
Explanation:
Took test
How do you think the benefits will help the firm before they
engage in I.M?
An information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
What is an information memorandum?Let understand that the I.M. refers to an information memorandum.
An information memorandum refers to sales memorandum which is document produced prior to selling the business or opening of pitch to any prospective buyers.
In conclusion, an information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
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In your own words, explain Supply and Demand. In Assignment 1: Scarcity and Choice you are given an example of the supply and demand of PlayStation 2. Think about your life and then provide one example of your own of Supply and Demand.
RESPOND IN 5 SENTENCES !
Supply and demand is the fundamental concept of economics that explains how prices are determined in a market economy. The law of supply and demand states that the price of a good or service is determined by the intersection of the quantity supplied and the quantity demanded. When the quantity supplied is greater than the quantity demanded, the price will decrease, and when the quantity supplied is less than the quantity demanded, the price will increase. In my own example, during the holiday season, the demand for certain gifts such as toys, electronics, and clothing increases, while the supply remains the same, therefore prices tend to increase, and you can find some goods out of stock. Another example can be during a pandemic where the demand for masks and hand sanitizers increases while the supply is limited, prices tend to increase.
the unintended consequences of rent control include question 4 options: a) reduced availability of housing for the poor b) higher rents in non-controlled rents c) higher profits for landlords in rent-controlled areas. d) both a
The unintended consequences of rent control include both reduced availability of housing for the poor and higher rents in non-controlled rents.
Rent control, while aiming to provide affordable housing, can have unintended consequences. Option a) reduced availability of housing for the poor is one such consequence. Rent control can discourage landlords from renting out their properties or investing in new housing, leading to a decrease in housing supply. Additionally, option b) higher rents in non-controlled rents can occur as landlords seek to compensate for the limitations imposed by rent control by increasing rents in non-controlled units. Both of these consequences are associated with rent control policies.
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under the modified accrual basis of accounting, gasb standards for property tax revenue recognition provide that revenue should not be recognized for property taxes collected:
Revenue for property taxes collected more than 30 days after the fiscal year's end should not be recognised on the accrual method of accounting, according to GASB guidelines.
For state and municipal governments in the United States, generally accepted accounting principles (GAAP) are developed by the Government Accounting Standards Board (GASB), a private non-governmental organisation.
The transaction process must be initiated by a crucial event in accordance with generally accepted accounting standards (GAAP). According to GAAP, revenues are acknowledged when they are earned and realised, not necessarily when they are received. However, profits are frequently made and received in a single transaction.
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Your class has 14 male and 17 female
students. What fraction of your class is
female?
The fraction you would get would be 17 over 31
nternet can contain viruses. Unless you need to edit it's safer to stay in Protected View. Enable Editing Case 6.2: The Complaint Letter 1. Briefly summarize the complaints and compliments in Dr. Loflin's letter. 2. Critique the letter of Gail Pearson in reply to Dr. Loflin. What are the strengths and weaknesses of the letter? 3. Prepare an "improved" response letter from Gail Pearson. 4. What further action should Gail Pearson take in view of this incident?
Gail Pearson's response letter to Dr. Loflin was criticized for lacking follow-up on correcting the errors. An improved response letter should emphasize the promised actions to correct the errors.
1. In Dr. Loflin's letter, she compliments Gail Pearson for her effective and efficient manner in handling their project, but complains about the report that was submitted to her as the report was filled with grammatical errors and inaccuracies.
2. Gail Pearson's response letter showed strength in its apologies and sincere acknowledgments of the errors made, as well as the promise to remedy the mistakes in future reports. However, it also showed a lack of follow-up regarding how the report would be corrected, and it included the note about Dr. Loflin's writing that was not necessary to the matter.
3. The improved response letter from Gail Pearson should emphasize the promised actions to correct the errors in the report, along with the details of how the corrections would be made. This letter should apologize to Dr. Loflin again for the inconvenience that was caused and should show empathy towards her, expressing an understanding of her frustration.
4. In view of this incident, Gail Pearson should take further action to ensure that the report is completely corrected and free of errors, and to ensure that a similar situation will not happen again. Gail should provide a plan or a detailed procedure on how they will review and correct the work, and they should include the steps that will be taken to avoid a similar mistake.
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When writing a check...
Spell out the dollars and cents in the short box next to the $ symbol
Spell out the dollars and cents on the long line that ends in "Dollars"
Never sign the check
Sign on the line that says "Pay to the order of"
Always print your signature
How do job seekers use the bureau of labor statistics occupational outlook handbook
Answer:
They explore general information about many types of jobs.
Explanation:
Job seekers use the Bureau of labor statistics occupational outlook handbook in order to gain information about the various jobs available.
What is the Bureau of labor statistics?A federal organization within the United States Department of Labour that collects, analyses, and publishes labor market data in the United States is recognized as The Bureau of Labour Statistics (BLS) which plays a crucial role in industry governance.
The Bureau of Labour Statistics is responsible to published the Occupational Outlook Handbook (OOH) published which is a great resource for job seekers seeking information on various jobs and industries.
This section contains thorough information on the education and training needs for various vocations, as well as any extra qualifications required for success in the sector.
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in a perfectly competitive market, price is determined by in a perfectly competitive market, price is determined by neither consumers nor producers. the market. consumers. the government. producers.
In a perfectly competitive market, price is determined by the market. Producers create homogeneous goods. Perfect information is available to both buyers and sellers in the market.
What is a perfectly competitive market?
A market is said to be perfectly competitive if the following characteristics are met: There are numerous purchasers and sellers in the market. There are no artificial barriers to entry or exit from the market.
In a perfectly competitive market, the price is determined by the market itself because of the large number of buyers and sellers, which leads to a price equilibrium being established based on the supply and demand of the goods or services.
No single buyer or seller can influence the market's price because they are too small to affect the market's supply or demand curve.
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How to secure a business loan
Securing a business loan requires careful planning and preparation to ensure that your application is approved. Below are some essential tips on how to secure a business loan.
1. Have a clear business plan: A well-defined business plan is essential for securing a loan. It should outline your business goals, revenue projections, marketing strategies, and financial needs. A clear business plan shows the lender that you are serious about your business and have a solid plan in place.
2. Check your credit score: Before applying for a loan, it's important to check your credit score. A good credit score is essential for securing a loan. A score of 700 or higher is ideal for securing a business loan. If your credit score is low, take steps to improve it before applying for a loan.
3. Choose the right lender: There are many lenders that offer business loans. Choose the lender that best suits your needs and has experience working with businesses in your industry.
4. Prepare your financial documents: Lenders will require financial documents such as tax returns, bank statements, and financial statements. Have these documents ready before applying for a loan.
5. Be prepared to provide collateral: Most lenders require collateral to secure a loan. Collateral can be in the form of assets such as real estate, equipment, or inventory. Be prepared to provide collateral to secure a loan.
6. Show your ability to repay the loan: Lenders will want to see that you have the ability to repay the loan. Provide evidence of consistent revenue, a solid business plan, and financial projections. By following these tips, you can increase your chances of securing a business loan.
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What are some of the services and programs that are funded by income taxes?.
The service and programs supported by income tax are health covers, security to the society , educational schemes, interest on the debt of the country and so on.
What are the benefits provided by the government?The services and programs funded by income tax utilize for the welfare of the society. This income tax is used in the development of infrastructure and to increase growth opportunities in the country.
The Government purchased arms and weapons to protect the country from neighbour rival countries and provide security to the citizens. They use this amount in the invention of new medicines or research.
The Government launched new schemes to educate individuals and also provide them with employment opportunities. They also provide healthcare facilities to their citizens.
Therefore, these are the services that are funded to provide support and safety to the citizens of the country.
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where is holiday inn club vacations galveston seaside resort
A timeshare provider under the IHG Hotels & Resorts umbrella is Holiday Inn Club Vacations.
Is the Holiday Inn Club Timeshare a Timeshare?Holiday Inn Club Vacations is a part of the parent corporation Holiday Inn that deals with timeshares. Owners enjoy the flexibility and freedom that vacation ownership affords them, and they own more than 28 resorts in sought-after areas around the United States.A timeshare provider under the IHG Hotels & Resorts umbrella is Holiday Inn Club Vacations. The similarly called Holiday Inn Hotels & Resorts or Holiday Inn Express do not own or run it, hence it stands alone as a distinct brand.Holiday Inn Club Vacations offers you roomy lodging and a fun-filled resort experience in interesting locations, from coastal getaways and mountain retreats to the world's theme park and entertainment epicenters, Everybody is welcomed at Holiday Inn.To learn more about timeshare refer to:
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What does the word cost mean in the context, "understanding their costs and
income, budgeting to ensure all their expenses are covered is a financially
tsresponsible behavior"?
In the context of the statement, "costs" refers to the expenses incurred by an individual or organization.
What is meaning of cost as used?Cost as used can include fixed expenses, such as rent or mortgage payments, and variable expenses, such as food or transportation costs.
When the statement says "understanding their costs and income," it means understanding all of the expenses that need to be paid, as well as the amount of money coming in, such as from a salary or business profits.
The idea is that budgeting to ensure all costs are covered is a financially responsible behavior, because it helps ensure that all bills are paid and debts are managed, without overspending or accruing unnecessary debt.
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Linda just got approved on an ARM mortgage. What is true?
O Her taxes will be reduced.
O She has a secured loan.
O Her interest will be fixed.
O She cannot make a down payment.
Answer:
\(\fbox {She has a secured loan.}\)
Explanation:
We know from basics that by a mortgage, we understand that we put our asset down as a collateral so we can take a loan and this asset will be under the lender's control until repayment.
An ARM mortgage means that the interest rate can be gradually changed based on performance benchmarks, such as a change in it every 6 months.
Hence, by this, we can understand that the loan is secure.