If a firm is able to set price, A. it faces a downward-sloping demand curve. B. its marginal revenue is constant. C. it sells its output at a constant price.
D. it is a monopoly.
In a Bertrand model with differentiated products,
A. price is independent of marginal cost. B. firms set price independently of one another. C. firms set price at marginal cost. D. firms can set price above marginal cost.

a) Total revenue before the price change: $220.0

  Total revenue after the price change: $160.0

The total revenue before the price change can be calculated by multiplying the initial price ($4.4) by the quantity sold (50 kilos), resulting in $220.0.

After the price change to $2, the total revenue can be calculated by multiplying the new price by the new quantity sold, which is $160.0 (=$2 × 80 kilos).

To calculate the percentage change in the price, we use the formula: ((new price - initial price) / initial price) × 100. In this case, the percentage change in the price is ((2 - 4.4) / 4.4) × 100 = -54.55%.

Similarly, the percentage change in the quantity can be calculated using the formula: ((new quantity - initial quantity) / initial quantity) × 100. The percentage change in the quantity is ((80 - 50) / 50) × 100 = 60%.

To determine the value of the price elasticity of demand, we use the formula: (percentage change in quantity / percentage change in price). In this case, the price elasticity of demand is (60% / -54.55%) ≈ -1.10.

Based on the value of the price elasticity of demand, we can conclude that the demand for bananas is elastic.

The percentage change in quantity (60%) is greater than the percentage change in price (-54.55%), indicating that a change in price leads to a relatively larger change in quantity demanded.

Consumers are responsive to price changes, resulting in a greater than proportionate change in quantity demanded.

Learn more about price elasticity of demand

brainly.com/question/30704413

#SPJ11

Under variable costing, profit will be the same as under full absorption costing whenever there is no change in inventory levels between the beginning and the end of the period.

Variable costing is a method of costing in which only the variable manufacturing costs are included in the cost of a unit of production. It is also known as a direct costing method. Variable costs, such as direct materials, direct labor, and variable overhead, are all included in the cost of goods sold under variable costing.The fixed manufacturing costs, such as rent, property tax, salaries, and depreciation, are treated as period costs and are expensed in the period incurred rather than being allocated to units produced and sold.

Under full absorption costing, all manufacturing costs, both variable and fixed, are included in the cost of a unit of production, and the costs of goods sold are based on this cost. As a result, fixed costs are spread over a larger number of units, resulting in a lower cost per unit.Variable costing is used for internal reporting purposes because it provides more useful information for decision-making than full absorption costing.

Learn more about variable costing here:https://brainly.com/question/6337340

#SPJ11

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to : Purchase

Purchase discount is deducted to the total purchases when computing for the net purchases. This account has a normal balance of credit and decreases the total amount of cost of goods sold.

Analytical procedures refer to study of significant ratios and past trends and investigating unusual fluctuations.

Under analytical review procedures, an auditor compares financial information of the current period with those of the previous periods, applying techniques of ratio analysis and investigating the causes of unusual fluctuations and deviations.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to:

a. accounts payable

b. notes payable

c. purchases

d. sales discounts

Learn more about Analytical procedures on:

brainly.com/question/16370850

#SPJ4

Answer:

communism is disappering  Because of the overpowering status of Capitalism.

Explanation:

Answer:

I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear

Explanation:

I took the test

Brainiest???

The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.

To write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.

The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.

Learn More about Blog here:

https://brainly.com/question/898474

Answer: Market oriented business

Explanation:

Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.

A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.

a) The technology fund had the higher reward over this time period since it has a higher average annual return.

b) The energy fund was riskier over this time period since it has a higher standard deviation of annual returns.

a. To determine which fund had the higher reward over this time period, we need to calculate the average annual return for each fund and compare them. The technology fund had an average annual return of 10.22%, while the energy fund had an average annual return of 8.02%.

b. To determine which fund was riskier over this time period, we need to look at the standard deviation of the annual returns for each fund. The technology fund had a standard deviation of 18.25%, while the energy fund had a standard deviation of 23.88%. A higher standard deviation indicates more variability in returns and higher risk.

To learn more about returns click on,

https://brainly.com/question/30694409

#SPJ4

Under a perpetual inventory system, which maintains a continuous record of inventory, the correct statement would be:

c. At the time of the sale, Cost of Goods Sold would be debited for $25,050.

Explanation:

When the products were purchased, the total cost was $50,000 plus $100 in freight costs, making a total of $50,100. Since this is a perpetual inventory system, the freight costs are considered part of the cost of the inventory.

When one of the products is sold, the cost of that product needs to be recognized as an expense. Since the two products were identical, the cost of the sold product would be half of the total cost, which is $25,050. Therefore, the Cost of Goods Sold account would be debited for $25,050 to recognize the expense associated with the sold product.

Options a, b, and d are incorrect:

a. At the time of the purchase, Freight Expense would be debited for $100 - This is not correct as the freight costs are considered part of the cost of the inventory, not an expense at the time of purchase.

b. At the time of the sale, Freight Expense would be debited for $50 - This is not correct as the freight costs were already included in the cost of the inventory and are not separately recognized as an expense at the time of sale.

d. At the time of the sale, Cost of Goods Sold would be debited for $25,000 - This is not correct because the cost of the sold product is half of the total cost, which is $25,050, as explained earlier.

Learn more about inventory here

https://brainly.com/question/30130529

#SPJ11

Answer:

El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios

Explanation:

Answer:

Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

Explanation:

\(watch.some.anime\)

The resource scientists gives an insight into some areas that includes

These are scientist that deals with extraction of substance which exists in the earth and could be extracted someday at some price with some technology.

Most times, these resource scientists work with other geoscientists or social scientists to help solve arising issues in their departments.

Read more about resource scientists

brainly.com/question/2818981

#SPJ1

Resource scientists help understanding and solve the issues in areas such as commerce, energy, transportation, agriculture, and the environment.

A resource scientist is someone who conducts research on climate, weather, and site conditions.

Resource scientists generally works with the geoscientists or social scientists to help them in getting the solution for the issues related to the agriculture, environment etc.

The quality or skills that is needed for the resource scientist are critical thinking, math skills, writing skills, communication etc.

Learn more about the scientists here:-

https://brainly.com/question/12965344

#SPJ1

Answer:

The person will ask William to check his checking account and then William would have to lower the check amount he had previously wrote.

Explanation:

If you write a check or make a purchase for more than you have in your checking account, your bank may cover the difference. This line of credit offered by the bank is called overdraft protection. ... Furthermore, if your account remains overdrawn, your bank may also charge you daily interest on the loan.

Katzenbach and Smith believe that an effective team is one in which members are committed to shared objectives and accountability for meeting those objectives.

The team is composed of individuals with complementary skills and an attitude of mutual trust. The team has common objectives and complementary skills, and they all share accountability for the outcomes.A team is a group of individuals who collaborate to accomplish a common goal.

The most successful teams share some characteristics that enable them to work well together. According to Katzenbach and Smith, an effective team is one in which members are committed to shared objectives and accountability for meeting those objectives.

The team is composed of individuals with complementary skills and an attitude of mutual trust. The team has common objectives and complementary skills, and they all share accountability for the outcomes.

To know more about complementary skills click on below link:

https://brainly.com/question/29525725#

#SPJ11

Answer:here’s the answer for this question

Explanation:edge2023

The kind of the job demonstrated in each example are as follows:-

Actors express ideas and portray characters in theater, film, television, and other performing arts media. They interpret a writer's script to entertain or inform an audience.

A full-time employment usually has a predetermined work week, with eight-hour days and forty-hour weeks. Working fewer than 35 hours a week is considered part-time. However, there are no hard and fast laws about the amount of hours.

Entry-level positions are available to everyone and do not require considerable professional experience or a degree.

Therefore, Employee benefits are any perks or remuneration given to employees in addition to their regular salary and earnings.

Learn more about job here:

https://brainly.com/question/17205577

#SPJ5

Job Security

benefits

wage/salary

workplace environment

NAFTA, or the North American Free Trade Agreement, came into effect in 1994 and encouraged free trade between the United States and two other countries B. Canada and Mexico.

NAFTA aimed to promote economic growth by reducing trade barriers and fostering investment between the three member countries. It eliminated most tariffs and other trade restrictions, allowing for the easier flow of goods and services across borders. As a result, businesses and consumers benefited from lower prices, increased trade, and enhanced competitiveness in the global marketplace. The agreement also facilitated cooperation in areas like environmental and labor regulations, setting standards that the member countries agreed to follow.

Overall, NAFTA has played a significant role in shaping the economic landscape of North America, contributing to increased trade and investment between the United States, Canada, and Mexico. Although the agreement has faced criticism for its impact on certain industries and job markets, it has also led to numerous benefits for businesses and consumers in the region. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Coming into effect in 1994, NAFTA encouraged free trade between the United States and which two other countries? Question 4 options:

a) Japan and China

b) Canada and Mexico

c) Panama and Brazil

d) Canada and Cuba

Know more about North American Free Trade Agreement here:

https://brainly.com/question/27372794

#SPJ11

Answer:

D.) $1,135.30 at the end of 3 years

Explanation:

First method:

Formula for simple interest is I = P * R * T.

In this instance P = 3,000, R = 2.7, T = 5.

\(I=(3000)(0.027)(5)\\= $405\)

Second method:

The formula for annual compounding is \(A=P(1+r)^t\), where A = amount, P = principal (initial) amount, r = rate of growth, t = years.

\(A=5000(1+0.027)^3\)

=\(5416.0334\)

Third method:

The formula for periods within a year is \(A=P(1+\frac{r}{n})^n^t\). There is now the added value of n (number of periods per year). Since there are 3 quarters per year, n will be 4.

\(A=5000(1+\frac{0.039}{4})^4^*^3\\=5000(1.00975)^1^2\\= 5617.4129\)

Sum after 3 years is $1,135.30

A company purchased $10,200 of merchandise on june 15 with terms of 3/10, n/45, and fob shipping point.  The cash paid on June 24 equals : $9,534.

The term "FOB shipping point" means that the buyer (the company in this case) is responsible for paying the shipping charges and the ownership of the merchandise passes to the buyer when the goods are shipped. This means that the merchandise becomes the property of the buyer on June 15, the date of shipment.

The total cost of the merchandise is $10,200, but the company is entitled to a discount of 3% if it pays within 10 days of the invoice date (June 15). This means that the company can deduct $10,200 x 3% = $306 from the total cost if it pays by June 25 (10 days after June 15).

On June 20, the company returned $960 of merchandise, which reduces the amount it owes to the supplier to $10,200 - $960 = $9,240.

The shipping charges for the purchase were $600, but this cost is not eligible for any discount.

Therefore, the total amount owed by the company is:

$9,240 (cost of merchandise after return) + $600 (shipping charges) = $9,840

The company is entitled to a discount of $306 if it pays within 10 days, so the amount it needs to pay to take advantage of the discount is:

$9,840 - $306 = $9,534

Therefore, the cash paid on June 24 equals $9,534. The company can take a discount of $306 and pay only $9,534, which is within 10 days of the invoice date.

To know more about cash here

https://brainly.com/question/10776890

#SPJ4

Employer liabilities are the obligations that an employer owes to their employees. Employer liabilities include payroll taxes, worker’s compensation insurance, and employee benefits such as health insurance, retirement plan contributions, and paid time off.

Record the payment in cash of all employer liabilities only on June 1: The employer liability for Toren Inc. for the first pay period in May is FICA Social Security and Medicare taxes, federal income tax, state income tax, FUTA and SUTA taxes, and 70% of the health-care insurance premium.

Gross income of the employee = $6,000

Social Security tax = 6.2% of $6,000 = $372

Medicare tax = 1.45% of $6,000 = $87

Federal income tax = $400

State income tax = $75

Union dues = $50

Employee health insurance premium = $200 x 30% = $60

FUTA tax = 0.6% of $7,000 = $42SUTA

tax = 5.4% of $7,000 = $378

Employer health insurance premium = $200 x 70% = $140

Total employer liabilities = $372 + $87 + $400 + $75 + $42 + $378 + $140 = $1,494

To know more about employer liabilities, visit:

https://brainly.com/question/32547790

#SPJ11

Explanation:

jjkkllhgtytyuioytttyhffvnktsnbbgekmckik hhffgkokofxwtwwtuooppkjklbxcnm

The expected price of the commodity 20 months after its initial pricing can be determined using the given function p(t) = (Po - P)e^(k(0 - A)t) + Pe.

Where Po represents the initial price, P is the equilibrium price, k is a constant, and a and A are additional constants. By substituting the given values (Po = $41, P = $32, k = 0.1, a = 5, A = 6) into the equation, we can calculate the expected price. Using the formula p(t) = (Po - P)e^(k(0 - A)t) + Pe, we substitute the given values as follows: Po = $41, P = $32, k = 0.1, a = 5, A = 6, and t = 20. Plugging these values into the equation, we get p(20) = (41 - 32)e^(0.1(0 - 6)20) + 32. Simplifying the expression, we have p(20) = 9e^(-1.2) + 32.

Calculating the value inside the exponential term, we find e^(-1.2) ≈ 0.3012. Multiplying this by 9, we get 9 * 0.3012 ≈ 2.7108. Adding this to 32, we find the expected price after 20 months to be approximately $34.7108. Therefore, the expected price of the item 20 months after its initial pricing is $34.71, rounded to the nearest cent.

Learn more about equilibrium from here:

https://brainly.com/question/14594233

#SPJ11

Answer:

Our body language helps others identify our emotions, status and even our lifestyle. Non-verbal communication plays a significant role in conjunction with the spoken words. ... Any sign of conflict between the body language and our words can make us appear untrustworthy and deceptive.

Answer:

You know in my opinion if this world was really considered fair than humans beings wouldn't be paid different just because of their gender, i'd say girls can pretty much do anything guys can do hands down. But in reality girls just never get their shot to prove instead we get paid less, treated differently, and judged.

Answer:

The appropriate approach is "Pooled interdependence".

Explanation:

So that the above is the right answer.

A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.

How the liabilities are different from the other company?

Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses.

Liabilities can be contrasted with assets. Liabilities refer to things that you owe or have borrowed; assets are things that you own or are owed.

A liability  is something that is owed to somebody else.

Liability can also mean a legal or regulatory risk or obligation.In accounting, companies book liabilities in opposition to assets.

Current liabilities are a company's short-term financial obligations that are due within one year or a normal operating cycle (e.g. accounts payable)

In general, a liability is an obligation between one party and another not yet completed or paid for. In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date. Current liabilities are usually considered short-term (expected to be concluded in 12 months or less) and non-current liabilities are long-term.

To know more about the liabilitites:

https://brainly.com/question/18484315

#SPJ11

Answer:

The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.

Explanation:

Answer:

Could you add more context?

Explanation:

Answer:

He could be putting the money into the bank.

Explanation:

Answer:

Yes

Explanation: