Question 1 Please explain briefly the characteristics and welfare effects of the three different types of price discriminations. Under which conditions are firms able to price discriminate? Why do fir

Answer:

True

Explanation:

A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.

For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.

Answer: Creative thinking is necessary for business problem-solving.

Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!

The labor cost for the day 100. The total amount that an employer spends on paying employees' salaries, benefits, taxes, and insurance is referred to as labor cost.

The sum that a company must spend to cover an employee's salaries, benefits, and associated payroll taxes and benefits is known as the cost of labor. The direct and indirect costs that a firm pays for labor are calculated using the crucial value of labor cost by finance and accounting experts.

On financial reports, the terms "cost of labor" and "labor cost" are interchangeable financial terms. The overall cost of employee compensation and benefits is determined by this number.

            Hour   Rate   Wage

Host(1)    4         10     40

Host(2)   6         10     60

Total wages 100

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Answer:

yes

Explanation:

I think it does anyway

Answer:

Yes they do follow the skimming marketing policy

Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.

Answer:

yellow pages

Explanation:

It's "Yellow Pages" :)

I got it right on plato <3

Answer:

$3.7625

Explanation:

Simple interest is calculated as

Interest = P x r x t

Where

p = principal amount.. $350

r= interest rate: 4.3% or 0.043

t= time in years: 3 months or 3/12 =0.25 years

Interest = $350 x 0.043 x 0.25

=$3.7625

To find the market equilibrium price and quantity by solving the demand and supply system given by the equation p=−0.5x+120 for the daily demand curve and p=0.3x+8 for the daily supply curve.

We need to equate the two equations by putting both equations on the same axis as given below: p=−0.5x+120p=0.3x+8By equating the two equations,

We get the value of x and then the value of p by substituting the value of x in any of the given equations.

Therefore, we will equate the two equations as follows:−0.5x+120=0.3x+8By solving for x,

We get:−0.5x−0.3x=8−120−0.8x=−112x=140

Therefore, the market equilibrium quantity, x, is 140.

Substituting this value in the demand or supply equation gives us the market equilibrium price, p.

We will use the supply equation: p=0.3x+8p=0.3(140)+8=42+8=50

Thus, the market equilibrium price, p, is 50.

Hence, the market equilibrium price and quantity are 50 and 140 respectively.

Therefore, the solution of the given problem can be expressed as follows:

p = 50, x = 140, which indicates that the equilibrium price is $50 and the equilibrium quantity is 140 units.

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Answer:

Employees have to be let go because social distancing is a thing

Businesses are not getting enough customers because of quarantine, which leads to them shutting down

Factories that supply stores are shut down to prevent spread in factory lines

For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability

a. When other car manufacturers begin to make SUVs, the price elasticity of demand for Ford's SUV will increase. This is because the options consumers have has also increased.

b. When import is banned, the price elasticity of demand for Ford's SUVs will decrease. This is because there are less substitutes for  Ford's SUVs. Consumers would now have limited choices.

c. As a result of the ad campaigns,  the price elasticity of demand for Ford's SUVs will decrease. This is because other cars would be considered to be les safe when compared with the Ford SUVs.

d. Overtime, the price elasticity for Ford Cars will increase as there would be more substitutes

Price elasticity of demand measures how quantity demanded responds to changes in the price of a good

Types of price elasticity

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Answer:

We can first assess the effects of each of the transactions on the balance cheat.

the a) transaction will reduce cash by $500, and reduce creditors by the same amount.

the b) transaction will increase cash by $300, and reduce debtors by the same amount.

the c) transaction will reduce cash by $1,000, and reduce the Loan from L. Stennett by the same amount.

Now we can list this effects.

Cash is reduced by $500 + $1,500 and increased by $300. The total net effect on cash is then a $1,200 decrease ($1,500 decrease + $300 increase).

All the other accounts have only one reduction, so we simply substract that figure from the balance sheet on the picture to obtain our new figures.

Now we can write the new balance sheet

Balance Sheet as at 10 April 2007

Assets

Buildings                $6,000

Motor Vehicle        $4,000

Stock of Goods      $2,000

Debtors                  $2,500 (-$300)

Cash at bank         $2,000 (-$1,200)

Total Assets           $16,500

Liabilities

Loan L. Stennet      $1,000 (-$1,000)

Creditors                 $1,100 (-$500)

Total Liabilities        $2,100

Capital                     $14,400

By the accounting equation, Capital + Liabilities = Assets, we see that it holds true: $14,400 + $2,100 = $16,500, so are figures are right.

Answer:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

NGOs exist for a variety of purposes, usually to further the political or social goals of their members. Examples include improving the state of the natural environment, encouraging the observance of human rights, improving the welfare of the disadvantaged, or representing a corporate agenda.

Answer:

Explanation:

A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.

Answer:

Option A

Explanation:

The complete question is

Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?

a) 2 hours

b) 1 hour

c) 1 hour and 40 minutes

d) 90 minutes

Solution

There are four lanes.

Capacity of one lane is equal to 1,000 vehicles/lane/hour.

Let us say that each lane will provide access to equal number of vehicles

Thus, each lane will allow 10,000/4 = 2500 vehicles per hour

Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.

The nearest answer to this option A i.e two hours

The practice of requiring airline travelers to spend at least one Saturday night away from home to qualify for a low fare is known as a Saturday night stay.

This is a common pricing strategy used by airlines to encourage leisure travel and discourage business travel, as business travelers typically do not stay over weekends. By offering lower fares to those who stay over a Saturday night, airlines are able to fill their planes during slower periods and maximize revenue. However, this pricing strategy is not always beneficial to all travelers, especially those who may need to return home quickly or have other scheduling constraints.

To require airline travelers to spend at least one Saturday night away from home to qualify for a low fare, the airline would implement a "Saturday night stay" policy. This policy would involve the following steps:

1. Determine the low fare: Airlines would first set a low fare that they want to offer to travelers who meet the Saturday night stay requirement.

2. Establish the policy: Airlines would then create a policy that requires travelers to spend at least one Saturday night away from home in order to be eligible for the low fare.

3. Update booking system: Airlines would need to update their booking systems to enforce this policy. The system should be programmed to recognize when a traveler has booked a trip that includes a Saturday night stay and apply the low fare accordingly.

4. Inform customers: Airlines should clearly communicate this policy to customers through their websites, advertisements, and booking platforms. This would ensure that travelers are aware of the requirement and can make informed decisions when booking their flights.

5. Monitor compliance: Airlines would need to regularly monitor compliance with this policy to ensure that travelers who receive the low fare have indeed met the Saturday night stay requirement.

By implementing a Saturday night stay policy, airlines can encourage travelers to extend their trips and potentially increase revenue from additional bookings, while also offering a more attractive fare for those willing to meet the requirement.

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In preparation of our Trial Balance, we have an equal credit and debit side which equals to $65,745.

A trial balance can be used to identify mathematical errors in a double entry accounting system. If the total debits equal the total credits, the trial balance is considered balanced, and no mathematical errors should exist in the ledgers.

No Particulars L.F.               Debit ($)      Credit ($)

1.    Purchases                       12,000

2.   Sales                                                     25,000

3.    Discount                          1,200

4.    Salaries                            2,500

5.    Wages                             10,000

6.     Cash in Hand                  975

7.     Cash at Bank                   13,500

8.     Repairs & Maintenance  870

9.     Sundry Expenses            350

10.     Mortgage                                             14,000

11.     Mortgage Interest            250

12.     Traveling Expenses        100

13.     Insurance                         150

14.     Carriage                           250

15.     Commission                     350

16.     Rent and Rates                600

17.     Building                            6,000

18.     Machinery                        5,000

19.     Delivery Van                    4,000

20.     Capital                                                  20,000

21.     Accounts Payable                                 3,200

22.     Accounts Receivable      4,500

23.     Opening Stock                 2,450

24.     Returns Inward                 300

25.     Reserve for doubtful debts                  800

26.     Notes Payable                  2,745

27.     Notes Receivable                                  400

Total                                           $65,745     $65,745

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The factors considered when calculating GDP include goods produced within a country by citizens of that country (I), goods produced within a country by residents who are not citizens (II), goods produced within a country for use in the production of other goods (III), and goods produced by a country's citizens outside of its borders (IV).

When calculating GDP (Gross Domestic Product), various factors are taken into account to measure the value of goods and services produced within a country's borders during a specific time period.

Factor I refers to goods produced within a country by citizens of that country. This includes goods produced by individuals who hold citizenship in that country.

Factor II considers goods produced within a country by residents who are not citizens. This includes goods produced by individuals who are residing in the country but may not have citizenship.

Factor III involves goods produced within a country for use in the production of other goods. These are intermediate goods or inputs used in the production process.

Factor IV takes into account goods produced by a country's citizens outside of its borders. This includes goods produced by citizens who are working or operating businesses in foreign countries. Therefore, the correct answer is d. I, II, III, and IV. All four factors are considered when calculating GDP.

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Answer:

It depends

Explanation:

It depends on if the companies are part of suppliers, competitors, marketing intermediaries, customers and publics. If they are then yes. But in general I would agree.

If a person is interested in earning some return on idle balances they usually keep in their checking account and decide to buy some money market mutual fund shares by writing a check, the following conditions must be met: Money market mutual funds invest in high-quality, short-term, fixed-income securities like Treasury bills, commercial paper, and certificates of deposit.

A money market mutual fund may charge a purchase fee that is subtracted from the investment amount while purchasing the mutual fund shares. Investors who purchase a mutual fund share at the end of the trading day receive that day's net asset value (NAV) rate.

The NAV of the mutual fund is calculated by dividing the total value of its assets by the number of outstanding shares. Clients can write checks to cover expenses and/or convert assets into cash, similar to those of a checking account. Money market mutual funds can be redeemed easily and quickly, making them highly liquid.

The market value of a share is determined by the demand and supply of money market securities, rather than by the mutual fund's net asset value (NAV).The Securities and Exchange Commission regulates money market mutual funds. Therefore, they are highly regulated and safe investments.

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Imposing price controls on goods would make them hard to find because producers would not want to supply as much as they did before the price controls.

What are typical goods?

Common Products refers to hazardous substances that are often used in the Company Facilities and in proportions required for the regular operation of other facilities of a same kind, such as but not limited to cleaning agents, insecticides, and medications.

What class of goods are services under?

Products are often real, physical objects that your buyers can grasp in their hands.
EXAMPLE: Your firm offers branded giveaways and products for sale to other companies. Services are often unimportant; these are actions you take on behalf of another person. A tangible product is a key item that can be felt, such as a structure, car, appliance, or article of clothing.

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Answer:

A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.

Explanation:

The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.

If casualty insurance companies provided fire insurance without restrictions, it could lead to adverse selection and moral hazard problems.

Adverse selection refers to the tendency of higher-risk individuals being more likely to purchase insurance compared to lower-risk individuals. In this case, individuals who are more prone to fire incidents, such as those living in high-risk areas or with inadequate fire safety measures, would be more inclined to purchase the insurance. This would result in an imbalance where the pool of insured individuals consists primarily of high-risk policyholders, leading to increased costs for the insurance company.
Additionally, the absence of restrictions could create moral hazard issues. Moral hazard refers to the increased likelihood of risky behavior by insured individuals when they are protected by insurance. Without restrictions or proper risk assessment, individuals may be less motivated to take necessary precautions to prevent fires or mitigate potential damages. They may become more careless in fire prevention measures or even engage in fraudulent activities to benefit from insurance claims. These behaviors could lead to higher claim frequencies and increased financial losses for the insurance company.
To mitigate these problems, insurance companies typically implement underwriting processes, risk assessments, and policy restrictions to ensure a balanced risk pool and discourage moral hazard behavior.

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False, Entrepreneurs work longer hours, are more at danger of losing their income, and make 4% to 15% less money annually on average than wage earners. Additionally, their earnings increase more slowly over time.

Employees fulfill the duties while firm owners make plans. While a worker can concentrate on the tasks at hand day by day, a business owner must assess how well they are being done in light of the organization's long-term objectives.

Entrepreneurs put in more hours, are more likely to lose their job, and earn 4% to 15% less annually on average than employees. They also see a slower rate of earnings growth over time. Few business owners actually earn much more money than they did as employees.

People select their line of job from paid employment and self-employment. Based on her degree of abilities, the individual is assigned a wage bracket as a wage worker. People invariably start their own businesses whenever the profit is higher than what an employee could earn.

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The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.

Following are the key purchases from American credit history:

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Explanation:

I hope this image will help you

Answer:

Commercial Bank

Explanation:

Commercial banks are the institutions that deal with the finances. They provide loans, and accepts deposits as savings. These financial institutions are a means of financial assistance to the public. Financial services and assistance helps in the growth and establishment of the economy. The process of commercial banking is intended towards growth and the earning of profit altogether.  

Answer:

yes

Explanation:

It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way

Answer:

liver cells

Explanation:

it eats at your inner parts of the body in prolonged use