When a monopoly practices price discrimination, . A. it charges different prices to different consumers and transfers some of the consumer surplus to economic profit B. it produces a smaller quantity than when it is a single-price monopoly, which decreases consumer surplus C. new firms enter the industry, so buyers have more goods from which to choose and consumer surplus increases D. consumer surplus increases because the monopoly increases the quantity available for sale
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Business, 21.06.2019 16:30
]4. seiler company has the following information: materials work-in-process finished goods beginning inventory 300 400 500 ending inventory 700 900 1500 material purchase 7,700 cost of goods sold 15,600 direct labor 5,500 what was the manufacturing overhead for the period? a. $3,400. b. $4,300. c. $3,000. d. $5,500.
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Business, 21.06.2019 19:20
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
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Business, 22.06.2019 01:00
Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?
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Business, 22.06.2019 15:00
Which of the following is least likely to a team solve problems together
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When a monopoly practices price discrimination, . A. it charges different prices to different consum...
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