Refer to scenario 15-8. If mega media cable tv is unable to price discriminate, what price will it choose to maximize its profit, and what is the amount of the profit?
Answers
850,000 is the amount of the profit. Refer to scenario 15-8. Hence, option B is correct.
What is price discriminate?Pricing clients differently for the same commodity or service according to what the vendor thinks they can convince the customer to accept is a sales strategy known as price discrimination. When a business practices pure price discrimination, they impose the highest price that each customer will accept.
Price discrimination is utilized to take advantage of the surplus of customers in the market. By using price discrimination, the vendor can increase the revenue from sales of a good or service.
Thus, option B is correct.
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The options are missing-
$950,000
$850,000
$400,000
$350,000
Related Questions
______is a firm’s engagement in social actions because of its obligation to meet certain economic and legal responsibilities.
Answers
Obligatory social actions undertaken by a firm to fulfill economic and legal responsibilities.
The term that describes a firm's engagement in social actions due to its obligation to meet certain economic and legal responsibilities is known as "corporate social responsibility" (CSR). CSR refers to a company's commitment to conducting its business in an ethical and responsible manner, considering the impact of its actions on various stakeholders, including employees, customers, communities, and the environment. It encompasses a range of activities, such as adhering to legal regulations, promoting fair business practices, protecting the environment, supporting community development, and ensuring the well-being of employees. By fulfilling economic and legal responsibilities through CSR initiatives, firms aim to maintain their social license to operate, build positive reputations, and contribute to sustainable development.
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provide a hypothetical income statement in both formats in which the number of units sold is different from the number of units manufactured. Explain the contrast between the two formats.
Answers
Variable costs include only variable manufacturing costs, such as direct materials, direct labor, and variable manufacturing overhead in a unit of a product. “Variable costing income statement is one where all variable expenses are sub.
Hypothetical tax:
Is a reduction in salary which estimates the amount of tax that you would have to pay if you had not gone on assignment. This amount is only an estimate. You will still need to file your tax return and settle the final liability with your employer on a tax equalization.
Hypothetical Income Tax means the product of (i) the sum of the highest federal, state, local and foreign tax rates (taking into consideration special rates, e.g., capital gains) applicable to partners of the Blackstone Partners on the last day of the fiscal year to which the distribution under Section 19(b) relates and (ii) the amount of taxable income or gain of the Partnership, and the Manager on behalf of the Partnership, shall not make a distribution to any Partner on account of its interest in the Partnership if such distribution would violate the Act or other applicable law.
Variable costs:
A variable cost is a corporate expense that changes in proportion to how much a company produces or sells. Variable costs increase or decrease depending on a company's production or sales volume—they rise as production increases and fall as production decreases
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who is the president in Italy
Answers
Answer:
Sergio Mattarella
Explanation:
Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.
Answer:
Sergio Mattarella
Explanation:
Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.
Two bonds are offered to investors, one long term, one short term. assuming each bond pays the same interest rate, wich is the best option for a 65 year old investor
Answers
The best option for a 65-year-old investor would depend on their specific financial goals, risk tolerance, and investment horizon. However, there are a few factors to consider when comparing long-term and short-term bonds:
Investment Horizon: A short-term bond can be a better option if the investor has a shorter investment horizon and needs the money right now. One to five year maturities are usual for short-term bonds, which offer greater liquidity and less vulnerability to interest rate changes.
Risk Tolerance: Compared to short-term bonds, long-term bonds are typically more sensitive to changes in interest rates. A short-term bond might be preferred if the investor has a reduced risk tolerance and wishes to reduce the possible impact of interest rate changes on bond pricing.
Income requirements: If an investor relies on bond interest payments for income, they might prefer the greater yield that long-term bonds normally offer. However, it's crucial to keep in mind that higher yields frequently occur with increased interest rate risk.
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T/F. The reason why economists do not use experimental data more frequently is for all of the following reasons except that real−world experiments.
Answers
True. Economists often don't use experimental data, except for real experiments, for all the following reasons.
Econometrics is the use of statistical and mathematical models to develop theories, test existing hypotheses in economics, and predict future trends from past data. Subject the real data to statistical tests and compare the results with the tested theory.
Depending on whether he is interested in testing existing theories or using existing data to formulate new hypotheses, econometrics he can be divided into two main categories.
People who practice this practice on a daily basis are commonly known as econometricians. Econometrics is the use of statistical methods to develop theories or test existing hypotheses in economics and finance.
Econometrics can also be used to predict future economic or financial trends.
As with any statistical tool, econometricians should be careful not to infer causality from statistical correlations.
Some economists have criticized the field of econometrics for emphasizing statistical models over economic thinking.
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Choose an advertisement that you found to be especially memorable. Describe the
advertisement and explain how effective it is. Discuss the techniques you would have
used to make it more effective.
Answers
Answer:
use the droritos commuecials those were good
Explanation:
A financial institution near you advertises itself as especially oriented towards educators and teachers. What is the category this institution would most likely fall under
Answers
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Answer:
Credit union
Explanation:
Credit union is the category this institution would most likely fall under.
Marvel decided that since viewers like to binge-watch an entire season of a show in one sitting on netflix it would create a new channel for getting new offerings to consumers. This reflects a ________ strategy.
Answers
The decision by Marvel to start up a new channel based on what it noticed at Netflix is the Product Development strategy.
Product Development strategy Method used by companies to offer new products to customers. Involves looking at current products to develop newer and better ones.Marvel looked at the product being offered by Netflix and decided to use it to offer an even better product by opening a channel.
In conclusion, this is product development.
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What should you do when you have multiple goals that conflict with each other?
Answers
SCENARIO
John works at the John Deere factory as a welder. He makes $70,000 a year. His wife Sherri is a stay at home mom for their three
children; ages 13, 11, and 5.
QUESTION
based on that, what kind of life insurance do they need?
a. do they need just one policy, or more than one?
SCENARIO
Bob is 62 and owns the local furniture store. His wife passed away two years ago. He has four children; Bobby Jr., Emma, James, and Cecil. Bob wants the business to continue for his children after he passes. The business is worth about $800,000 right now. Bobby Jr. and James want to inherit the business and keep it going. Emma and Cecil have no interest in the business. .
QUESTION
1. How much insurance do they need?
If there is more than one policy how much for each, and why?
Show your calculations if appropriate to show which method you used
Answers
Answer:
Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. The amount of life insurance needed depends on the financial needs of the dependents left behind. In John and Sherri’s case, they have three children who are still minors and depend on their income. They should consider purchasing enough life insurance to cover their children’s expenses until they are old enough to support themselves. It is recommended that they purchase a policy that is at least 10-12 times their annual income1.
As for whether they need one policy or more than one, it depends on their individual circumstances. If John and Sherri have different financial needs, they may need separate policies. For example, if John has more debt than Sherri, he may need a larger policy to cover his debts2.
Self-actualization needs
Maslow developed a theory based on the needs of the human beings, he proposed a hierarchy of needs.
According to Maslow, needs lower down in the hierarchy need to be satisfied in order to focus in needs that are higher up in the pyramid.
The needs he proposed are:
Physiological needs: refer to biological needs for human survival (food, warmth, sleep, etc)
Safety needs: refer to protection from elements (security, order, stability)
Love and belongingness needs: These has to do with the need for interpersonal relationships. (friendship, intimacy, love)
Esteem needs: these needs refer to the need for respect or reputation (achievement, mastery, status).
Self-actualization needs: Refer to realizing one own's potential and self-fulfillment. They refer to the need for personal growth and development throughout one's life. In other words, "To become everything one is capable of becoming".
In this example, Bob has decided that he wants to put his skills to work helping the charities that he supports and want to take an active part in the raising of their grandchildren.
Bob has more than enough money so he has his safety needs covered, he has a wife a kids so we can conclude that he has his love and belongingness needs satisfied too, he's a successful businessman so he has his esteem needs satisfied as well.
On the other hand, he wants to help the charities he supports and take an active part in the raising of his grandchildren. Thus, he wants to realize his own's potential and self-fulfillment and to have a personal growth by helping others, thus we can conclude that the is motivated by self-actualization needs.
Explanation:
What explains the recent increase in many large insurance companies conversion to stockholder controlled companies?
Answers
The recent increase in many large insurance companies converting to stockholder-controlled companies can be explained by several factors such as Pressure from investors, Access to capital, Changes in regulatory environment and Mergers and acquisitions.
Several variables can explain the recent surge in the number of large insurance companies transitioning to stockholder-controlled businesses.
Investor pressure: Investors are increasingly demanding that businesses maximise shareholder value. Converting to a stockholder-controlled corporation provides better transparency and accountability to shareholders, which can result in higher stock prices and enhanced investor trust.Capital access: Converting to a stockholder-controlled corporation facilitates capital access through stock offerings and greater liquidity. This is especially critical for businesses that need to raise funds fast to fund expansion or acquisitions.Changes in the regulatory environment: In recent years, the regulatory environment for insurance businesses has gotten more complex and onerous. Converting to a stockholder-controlled business may allow for greater adaptability in the face of these changes.Mergers and acquisitions: Converting to a stockholder-controlled business can increase a company's attractiveness to potential acquirers, leading to larger acquisition premiums.For such more question on investors:
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hich occurs during digestion?
The mouth only allows for physical digestion.
The mouth only allows for chemical digestion.
Chemical digestion prepares the food for physical digestion.
Physical digestion prepares the food for chemical digestion.
Answers
Answer:
Digestion can be either chemical or physical - physical digestion occurs when you chew food in your mouth (mastication) or chemical when it is broken down in the stomach (via HCl), just to give a few examples. There are many examples of both chemical and physical digestion.
Explanation:
a lease that allows a pass-through of some operating expenses to tenant in the form of higher rents would be a(an):
Answers
A lease that allows a pass-through of some operating expenses to tenant in the form of higher rents would be a graduated lease.
What is graduated lease?The term "graduated lease" refers to a contract when the landlord and tenant agree to a cyclical modification of the monthly rent. An increase in the tenant's payments as a result of market conditions or a rise in the value of the leased property, for instance, could be reflected in the agreement. Long-term, a graded lease often benefits the landlord, but the renter and landlord can both gain from the agreement. Gradually rising rent can be charged as a property's value rises over the course of the lease, giving the landlord or lessor more flexibility. The property may be available for the tenant or lessee to take possession of at a temporary discounted price. In the early stages of a new business venture, this is frequently helpful.
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luker corporation uses a process costing system. the company had $163,500 of beginning finished goods inventory on october 1. it transferred in $840,000 of units completed during the period. the ending finished goods inventory balance on october 31 was $161,200. the entry to account for the cost of goods manufactured during october is:
Answers
As per the inventory balance, the entry to account for the cost of goods manufactured during October is not yet sold.
At the end of October, the company had an ending finished goods inventory balance of $161,200. This balance represents the value of the units that were completed during the month but were not yet sold by the end of the month. The company will carry forward this inventory balance to the next period.
To account for the cost of goods manufactured during October, the company will use the following entry:
Debit Finished Goods Inventory: Beginning Balance $163,500
Debit Cost of Goods Manufactured $677,300
Credit Finished Goods Inventory: Ending Balance $161,200
The debit to finished goods inventory at the beginning of the period represents the value of the units that were completed in the previous period but were not yet sold.
The debit to cost of goods manufactured represents the total cost of the units that were completed during the month.
Finally, the credit to finished goods inventory at the end of the period represents the value of the units that were completed during the month but were not yet sold.
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Based on angelique’s busy lifestyle, which other consequences might she experience? check all that apply. less appetite dozing off in class more likely to get sick being bullied getting distracted
Answers
Based on Angelique’s busy lifestyle, other consequences might she experience are
dozing off in classmore likely to get sickgetting distractedThis is further explained below.
What is lifestyle?Generally, The three pillars upon which a healthy lifestyle is built are proper diet, regular physical activity, and sufficient rest. Maintaining a healthy lifestyle keeps you fit, gives you more energy, and lowers the chance of developing the illness. The World Health Organization defines healthy living as a manner of life that enables one to take pleasure in a greater variety of life experiences.
What is bullying?Research on bullying has, historically speaking, been dominated by large-scale cohort studies that have mostly focused on the personality features of bullies and victims. The prevalence of bullying, risk and protective variables, as well as the damaging effects of bullying, are the subjects of this research.
In conclusion, Other potential repercussions of Angelique's hectic lifestyle include falling asleep in class, an increased risk of becoming ill, and a heightened propensity to get distracted.
Complete Question
Angelique is a high school sophomore. She has a busy schedule that is packed with athletic activities, a social life, and homework. Often her afternoons and evenings are split between sports and friends, so she stays up late to catch up on homework. Most nights she gets between five to six hours of sleep. As a result, she wakes up each morning feeling tired.
Based on Angelique's busy lifestyle, which other consequences might she experience? Check all that apply.
-less appetite
-dozing off in class
-more likely to get sick
-being bullied
-getting distracted
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Answer:
B, C, E
Explanation:
what is the manager
Answers
Answer:
Karens go-to person
Explanation:Just because
The monthly expenses acquired when running a business are called...?
1)operating expenses
2)ending Inventory
3)beginning Inventory
4)start-up costs
Answers
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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One of the reasons that a rise in the price of a fixed basket of goods over time tends to overstate the rise in a consumer's true cost of living, is: substitution bias attribution bias complimentary bias preference bias
Answers
The effect that occur when there is rise in price of fixed basket of goods, which actually brings about the rise in a consumer's true cost of living is substitution bias .
Substitution bias can be regarded as effect that do occur when there is change in price of goods are relative to each other.In this case, the consumer usually leave the high priced goods for cheaper ones because of change in price.Therefore, option A is correct.
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In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?
Answers
Answer: 1. government , 2. consumers , 3. producers
Explanation: edmentum / plato
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
A. remainder
B. license
C. easement
D. reversion
Answers
What does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Basically, a license does authorize the use or performance of a task, activity etc.
License are issued to a qualified person to perform certain task, work or activities which are deemed legal.
For instance, when a medical license is issued to a medical practitioner, it does not give exclusive right but its allows the him/her to perform medical duties legally for some period of time.
In conclusion, the Option B is correct because License does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
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Question 16 of 20
Which of these is an example of something affected by contract law?
A. A patent
B. A license
C. A trademark
D. Due process
Answers
A license is an example of something affected by contract law. Hence, option C is correct.
What is contract law?The main goal of contract law is to connect an agreement reached between two or more parties and the realities of the outside world. It will be your responsibility to do everything in your power to protect your clients' best interests.
A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer,
A contract must contain several characteristics in order to be legitimate and recognized by the common law, including an offer, acceptance, consideration, the desire to establish legal relations, authority and ability, and certainty. Without these components, a contract is not enforceable by law and cannot be relied upon.
Thus, option C is correct.
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Answer: A license
Explanation:
The answer is B. A license
suppose that baldwin will increase its automation to 6.5 this year. Each new unit of automation costs $4 per unit of capacity. An additional $4 per point of automation applies to any new capacity. How much will this investment in automation cost?
(Capacity is currently at 3,500 and automation is currently at 4.5)
a. $56,000,000
b. $28,000,000
c. $24,500,000
d. $49,000,000
Answers
Suppose that Baldwin will increase its automation to 6.5 this year. Each new unit of automation costs $4 per unit of capacity. An additional $4 per point of automation applies to any new capacity. the correct answer is option b. $28,000,000.
The amount of the investment in automation will cost as follows.The company currently has the following characteristics:Capacity is currently at 3,500 and automation is currently at 4.5. The capacity and automation of the company will increase as follows:New capacity = 3500 × (6.5 − 4.5) = 7000 units of capacityNew automation = 2 × 7000 = 14000 units of automationThe cost of one unit of capacity will be $4 × 1 = $4The cost of one point of automation will be $4 × 1 = $4The total cost of the company's investment in automation will be:7000 × $4 + 14000 × $4 = $28000 + $56000 = $84,000.The investment in automation will cost Baldwin $84,000. Therefore, the correct answer is option b. $28,000,000.
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If firms that make a particular product expect its price will be lower in the future:
A. this will cause the supply of the product to decrease right now.
B. this will cause the supply of the product to increase right now.
C. this will have no effect on the amount of the product supplied right now.
D. this will have no effect on the supply of the product now or later.
E. this will cause consumers to expect the price to be higher in the near future also.
Answers
B. This will cause the supply of the product to increase right now.
If firms expect the price of their product to be lower in the future, they will try to sell as much of their product as possible right now to make the most profit.
To do so, they will increase the supply of the product, which will lead to lower prices in the short term. Therefore, option B is the correct answer.
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An increase in prices of inputs will cause a ______ change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.
Answers
An increase in prices of inputs will cause a relatively small increase change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to an inelastic demand.
Price is one of the five determinants of demand, but it does not affect demand for all goods and services equally. When price greatly influences demand, the good or service is said to have "elasticity of demand".
The name comes from the way economists think about the demand for that good or service — the name is easy to expand, and a small change in price results in a large change in demand.
The essence of marketing is predicting how consumers will respond to various forms of stimulus. How much will consumers increase using the product if we endorse a influencer to support the product? While businesses can never be 100% sure of how consumers react, the goal of every marketing and product team is to increase conversions, usage, and positive brand views.
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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 !
Answers
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.
Impact of natural disasters on South Africa’s economic growth performance for 2020 in comparison with 2023
Answers
Natural disasters can have a significant impact on economic growth, both in the short term and the long term.
How can we prevent natural disasters?As a result, cutting back on pollution is the first step in mitigating potential natural disasters. States must also become more resilient by planning ahead and getting ready to deal with dangers associated with the climate, from implementing conservation and restoration measures to enhancing infrastructure.
In the short term, natural disasters such as floods, droughts, or storms can disrupt economic activity, damage infrastructure, and cause loss of life and property. This can lead to a decline in economic growth, as businesses are forced to suspend operations, and the government is required to divert resources toward relief efforts.
In the long term, natural disasters can also have lasting effects on the economy, particularly if they cause significant damage to infrastructure or disrupt critical industries.
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departmentalization refers to the degree to which jobs within the organization are standardized. T/F
Answers
The statement departmentalization refers to the degree to which jobs within the organization are standardized is False because departmentalization is not related to the standardization of jobs but rather to how jobs are grouped or categorized within the organization.
What is departmentalization?
Departmentalization is the process of dividing an organization into different departments or units based on various factors such as function, product, geography, customer type, or process. It determines how the organization's activities and tasks are divided and coordinated.
Each department focuses on specific functions or objectives and consists of employees who possess the necessary skills and knowledge related to that department's area of responsibility.
On the other hand, job standardization refers to the level of uniformity and consistency in the tasks, processes, and requirements of a particular job. Standardized jobs have clear and well-defined job descriptions, duties, and responsibilities, as well as established procedures and guidelines to be followed.
While departmentalization can influence job design and the coordination of work, it is not directly related to the standardization of jobs within the organization.
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To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance
Answers
Based on marketing strategies, to succeed in the future, marketing must become more holistic.
What is marketing?Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.
However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.
This implies that marketing should be carried out by every segment or unit of the business and not left to
marketing department alone.
Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."
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The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
Answers
Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.
Explanation: