Business, 02.12.2019 19:31 coontcakes

Which of the following statements is true?

a. producers are equally well off under a competitive market, a monopoly market, and a market with perfect price discrimination.

b. consumers are equally well off in a competitive market, a monopoly market, and a market with perfect price discrimination.

c. deadweight loss is the same under a competitive market, a monopoly market, and a market with perfect price discrimination.

d. social welfare is lower under a monopolist that charges a single price than it is under perfect competition or perfect price discrimination.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:30

The budgeted overhead cost for the year is $1,260,000. the company has estimated that one-third of the budgeted overhead cost is incurred to support the firm's two partners, and two-thirds goes to support the staff accountants. the current audit bid for monoco industries requires $18,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,000 in direct material. what is the overhead rate based on a single cost driver (rounded to the nearest percentage)?

Answers: 3

Answer

Business, 21.06.2019 20:00

Which of the following statements is true about financial planning

Answers: 2

Answer

Business, 21.06.2019 20:20

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

Answers: 2

Answer

Business, 22.06.2019 02:30

Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)

Answers: 2

Answer

You know the right answer?

Which of the following statements is true?

a. producers are equally well off under a c...

Questions