A price-discriminating monopolist can increase profits by: a. charging a higher price to those with less elastic demand and a lower price to those with more elastic demand.
b. charging a higher price to everyone, regardless of their price sensitivity.
c. charging a lower price to those with less elastic demand and a higher price to those with more elastic demand.
d. charging a lower price to everyone, regardless of their price sensitivity.

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.