Consumer surplus will increase when a monopolist goes from a single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
A monopolistic marketplace is a marketplace shaped by the characteristics of a natural monopoly. A monopoly exists when one dealer gives a specific good or carrier to many customers. In a monopolistic market, the monopoly (or dominant corporation) exerts management over the market, allowing it to set the price and supply.
A monopoly is a firm that's the sole seller of its product, and in which there aren't any near substitutes. An unregulated monopoly has marketplace electricity and may have an impact on charges. Examples: Microsoft and home windows, DeBeers and diamonds, your neighborhood natural fuel agency.
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on december 31, calculated the payroll, which indicates gross earnings for wages ($56,000), payroll deductions for income tax ($5,600), payroll deductions for fica ($4,200), payroll deductions for american cancer society ($2,100), employer contributions for fica (matching), and state and federal unemployment taxes ($490). employees were paid in cash, but payments for the corresponding payroll deductions have not yet been made and employer taxes have not yet been recorded. collected rent revenue of $5,550 on december 10 for office space that lakeview rented to another business. the rent collected was for 30 days from december 11 to january 10 and was credited in full to deferred revenue.
The question has been solved by LAKEVIEW COMPANY.Current liabilities is explained below.
Balance sheet (Partial)
December 31
Current liabilities
FICA Payable=$4200 + $4200= $8400
Charitable contribution payable = $2100
Withheld income tax payable = $5600
State and Federal unemployment tax payable = $490
Unearned rent revenue = $5550 - $3800 = $1750
Total current liabilities = $18340
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a holder of a $3,000, 10%, 120-day note dated june 2 decides to sell the note at a discount. the note is sold on july 23 at a discount of 12%. find the proceeds.
The proceeds would be $2,764.10.
What is proceed?
The verb proceed denotes movement or progress. "Ready, set, go!" doesn't have quite the same ring to it, though. The verb proceed simply means to continue, especially after an interruption. It comes from latin procedere, which means "go forward, advance." Advancement and progress are synonyms. It's really difficult is for conversation to flow when people keep interrupting. When crossing a busy street, exercise caution, however if the light turns red, move quickly!
The calculation is as follows:
Principal = $3,000
Discount Rate = 12%
Days = 53 (120 days - 67 days)
Proceeds = Principal - (Principal x (Discount Rate x Days/360))
Proceeds = $3,000 - ($3,000 x (0.12 x 53/360))
Proceeds = $3,000 - ($3,000 x 0.0783)
Proceeds = $3,000 - $235.90
Proceeds = $2,764.10
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the company has predicted a sales increase of 12 percent. it has predicted that every item on the balance sheet will increase by 12 percent as well. create the pro forma statements and reconcile them. (input all answers as positive values. do not round intermediate calculations.)
The agency has anticipated a income boom of 12 percentage then the solution is 16372.16.
The required details for Sales in given paragraph
Sales are sports associated with promoting or the quantity of products bought in a given centered time period. The shipping of a carrier for a fee is likewise taken into consideration a sale. The seller, or the issuer of the products or services, completes a sale in reaction to an acquisition, appropriation, requisition, or an immediate interplay with the client on the factor of sale. There is a passing of title (assets or possession) of the object, and the agreement of a rate, wherein settlement is reached on a rate for which switch of possession of the object will occur. The seller, now no longer the purchaser, normally executes the sale and it is able to be finished previous to the duty of payment.
In the case of oblique interplay, someone who sells items or carrier on behalf of the proprietor is called a salesperson or saleswoman or salesperson, however this regularly refers to a person promoting items in a store/keep, wherein case different phrases also are common, such as salesclerk, keep assistant, and retail clerk.
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what failure on the failure spectrum led to the dissolution of the visual configurator platform company treehouse logic?
Exploratory experimentation led to the dissolution of the visual configurator platform company tree house logic.
There is an abundance of significant bits of knowledge while growing the outcome translation well beyond the self-evident, the normal, promising, or wanted. Rather than corroborative experimentation that attempts to lay out relationship and possibly causation, exploratory examinations are more centered around conceptualization, looking for verifiable connections that might be subsequently applied to characterize peculiarities and find likely causal consistencies.
Exploratory experimentation is theory-informed as opposed to theory-driven which implies that theory is as yet significant as a system for coordinating bits of knowledge, yet not so prohibitive as in corroborative experimentation that might hold the testing results "hostage".
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What are the 10 steps you should follow to start a business?.
To launch a business or firm means to start, make, or establish one.
What are the 10 steps to to start a business?Research the market. If there is a chance to develop your concept into a lucrative firm, market research will reveal this to you.Develop a business plan.Finance your enterprise.Choose the location of your company.Pick a business structure.Select the name of your company.Publish a business license.Obtain tax identification numbers from both the federal and state governments.Clear your aims.
Precise — be very clear about what you hope to accomplish. ensure that your success is measurable. Check that your goal is something you have the time and resources to accomplish. Make sure your goals are pertinent and enhance your business's key profit drivers.To Learn more About launch a business refer to:
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what is the exponential depreciation rate, expressed as a percent to the nearest tenth of a percent, for a car that originally sells for $52,000 when new but exponentially depreciates to $45,000 after 32 months?
It exponentially depreciates at a rate of 7.75% per year.
What do you mean by Depreciation ?
The depreciated cost can be defined as the value of an asset after its useful life is complete.It always allows for accounting records.It generally shows show an asset at its current value. The value of the asset is constantly. Depreciation expense is not an asset .Depreciation means that you write off the value of the asset over it's expected useful life.To know more about Depreciation from the given link
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what will be the effect of a technological development that reduces marginal cost in a competitive market
An increase in revenues and economic benefit for each firm and the industry would result from such new technology that lowers marginal costs, but in the long run, there would be a progressive loss of relative competitive advantages until a new equilibrium was achieved.
Market pricing will decrease and output will increase when the supply curve for the market shifts to the right. There will be no profit for any firm since the price will have dropped sufficiently for no profit to be made by any firm.
What is perfectly competitive market?In a market system known as perfect competition, every company or corporation is offering the same good or service, and because they have no influence over their product prices, they are more likely to be price takers. Customers in this market have complete or perfect knowledge of the goods being sold. They are aware of whose company and what price a given product is sold for. There are no impediments to entry or exit for such firms, and there is full resource mobility, especially in terms of labor.
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What is local government expenditure?.
Kingdom and neighborhood widespread local government expenditure on faculties, fitness care offerings, and standard administration (amongst other activities inside the trendy authorities region) but exclude government-run liquor stores, utilities, and insurance trusts, which can be accounted for one by one in the census.
Costs talk over with the overall purchase price of a great or carrier. for example, if an enterprise buys a chunk of equipment for $30 million and it has a useful life of six years, this is a capital expenditure. charges talk to the quantity this is recorded for the motive of offsetting a company's revenue or earnings.
An expenditure represents a price with both cash or credit score to purchase items or services. it is recorded at a single factor in time (the time of purchase), compared to a price that is recorded in a period in which it's been used up or expired.
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Answer:building a new interstate highway
Explanation:
When shopping for life insurance, you should look for: a. a company with a low premium rate and a good rating. b. a company that gives you benefits, like rewards points. c. a company with an agent that you like and trust. d. a company that has many policies to choose from. please select the best answer from the choices provided a b c d
a. A company with a low premium rate and a good rating.
What is life insurance?
A contract between an insurance policyholder and an insurance company in which the insurer agrees to pay a quantity of money in exchange for a premium upon the demise of an insured person or after a specific amount of time is known as life insurance. Life insurance policies frequently used include Term life insurance and Whole life protection. All-encompassing life insurance protects a person from the possibility of suffering a financial loss in the event of death. It is a pure insurance protection contract, much like auto, house, or health insurance, and it does not involve a savings plan. The owner purchases a specific level of insurance and pays a yearly payment determined by the age of the insured.
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hansen corporation adopted dollar-value lifo as of january1, when it had an inventory of 782,000. hansens inventory as of december 31, was 806000 at the year end costs and the cost index was 1.04. what was dvl inventory
The dollar-value approach of valuing LIFO inventories is a technique of deciding value by means of using “base-year” prices expressed in whole dollars alternatively than the quantity and rate of specific items as the unit of measurement.
Under this method, the taxpayer groups goods contained in the stock into a pool(s).
How is LIFO inventory fee calculated?To calculate FIFO (First-In, First Out) decide the fee of your oldest inventory and multiply that value by the quantity of inventory sold, whereas to calculate LIFO (Last-in, First-Out) decide the fee of your most current inventory and multiply it by way of the amount of stock sold.
Dollar-value LIFO is an accounting technique used for stock that follows the last-in-first-out model and assigns dollar quantities to stock pieces.
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subsequent
Reading minutes of meetings held after the date of the financial statements and reviewing the entity's latest interim financial statements are two procedures that can be performed specially to identify the existence of material
subsequent events.
Effective Board of Director meeting minutes keep the organisation on course and advancing its objective. However, minutes not only include crucial information for your company, but also for your next audit. These incidents are referred to as "subsequent events" moving forward.
Typically, historical financial statements that claim to depict the financial situation as of a given date as well as the results of operations and cash flows for the period concluded on that date are accompanied by an independent auditor's report. But occasionally, after the balance-sheet date but before the financial statements are released, events or transactions take place that materially affect the financial statements and necessitate an adjustment or disclosure in the statements.
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What are the 2 purposes of a checking account?.
A checking account is a type of bank account that enables simple deposits and withdrawals of cash for everyday uses.
What is a checking account?A checking account is a sort of bank account that enables simple deposits and withdrawals of cash for everyday uses. This could involve depositing a check you receive, withdrawing money using a debit card, or setting up direct deposit for your paychecks.Checking accounts are among the most accessible types of bank accounts, giving you quick access to your money. They frequently provide limitless deposits and withdrawals (however, depending on the bank, they could have daily maximums ranging from $300 to $5,000).A checking account's main function is to secure your funds for a brief period of time so that they are accessible when you need them to cover expenses like bills. A portion of your earnings can be transferred to a savings or investment account where they can grow over time if you choose to have your paychecks directly deposited into your checking account (direct deposit). Checking accounts shouldn't be used for long-term objectives, like saving for a house, because you only earn a tiny amount of interest—usually around.04 percent—on them. There is always the chance to earn a little bit more interest if you keep more money in your account, though, as some banks may offer different tiers for their checking accounts.To Learn more About checking account refer to:
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if the absolute value of price elasticity is greater than 1, this means the demand curve in that region is: question 2 options: price elastic. price inelastic. unit price elastic. upward sloping.
If the absolute value of price elasticity is greater than 1, this means the demand curve in that region is price inelastic.
If a price inelastic for a product does not lead to plenty, if any, change in its delivery or call for, its miles are taken into consideration inelastic. commonly, it means that the product is considered to be a necessity or a luxury object for addictive materials. Examples would be gas, milk, and iPhones.
Elastic call for is used to explain the situation in which the exchange in demand is sensitive to a small alternate in the fee. as an example, if we see a massive trade within the price of Lays chips, purchasers are more likely to shift to an extraordinary brand, riding the call for down and vice versa.
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TRUE/FALSE. ieps are of limited use in addressing the behavior of students because they set goals only for the student's cognitive and physical progress.
FALSE. ieps are of limited use in addressing the behavior of students because they set goals only for the student's cognitive and physical progress.
The tests, quizzes, writing projects, and other evaluations that teachers regularly give their students in the classroom are the ones that are best suited to help students learn how to improve. Because these tests' outcomes directly relate to the objectives of classroom instruction, teachers have confidence in their findings.
Reactive rather than preventive steps should be taken when managing behavior. Most students occasionally behave inappropriately. Problems can be ignored if they are short-lived, of restricted scope, and don't get in the way of learning.
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Select the correct statement regarding opportunity costs. Opportunity costs need not be considered in decision making. Opportunity costs are not recorded in a financial accounting records. Opportunity costs represent sunk costs. All of these. Engineering design costs generally referred to as Batch level costs Faculty-level costs. Unit -level costs Product- level costs. ServicePro provides two kinds of services During the most recent accounting period, the two service lines produced the following operating results: If the company stops providing Service 2: The company 's income will decrease by $1, 500 per year. The company's income will increase by $1, 500 per year. The company's income will decrease by $3, 500 per year. The company's income will decrease by $3, 500.
The correct statement regarding opportunity costs is option B. Opportunity costs are not recorded in a financial accounting records. Opportunity costs represent sunk costs.
Engineering design costs generally referred to as Batch level costs Faculty-level costs. Unit -level costs Product- level costs. TRUE
If the company stops providing Service 2, d. The company's income will decrease by $1,500 per year.
What is an income?The concept “income” generally implies the total money, property, and other transfers of value gotten within a period of time in exchange for services or products. Income is also considered from the angle of the context in which the idea is applied or utilized.
Therefore, the correct answers are as given above.
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which of the following would result in a cash outflow from investing activities? multiple choice question. purchase of the company's common stock for cash. purchase of inventory for cash. purchase of a machine for cash.
'Purchase of a machine for cash' would result in a cash outflow from investing activities. The correct answer option is D.
Cash outflow from investing activities is one of the sections on the cash flow statement that defines how much cash has been spent in many investment-related activities in a specific time period. Investing activities include investments in securities, purchases of physical assets, or the sale of securities or assets.
Negative cash outflows is often associated with an organization's poor performance. However, negative cash outflow from investing activities might be because of the significant amounts of cash being invested in the long-term health of the organization, such as research and development.
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assume a char variable named big has been declared and assigned a value. also assume a char variable named little has been declared. write a statement that converts the contents of the big variable to lowercase. assign the converted value to the variable little.
The statement that converts the contents of the big variable to lowercase :
little = Character.toLowerCase(big);
What is the method that converts the letters to lowercase?Lowercase characters are added to a string using the toLowerCase function. There are no arguments required for the toLowerCase() function. In JavaScript, strings are immutable. The provided string is changed into a new string using only lowercase characters and returned by the toLowerCase() function.In JavaScript, strings are immutable. The provided string is changed into a new string using only lowercase characters and returned by the toLowerCase() function.One capital letter, which is changed to a lowercase letter, makes up the entire string "myGreeting."A string is changed to upper case letters using the toUpperCase() function. A string is changed to lower case letters using the toLowerCase() function.Lowercase text is created by using the strtolower() function.Learn more about toLowerCase function refer to :
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a man invests $2000 in an account that pays 8.5% interest per year, compounded quarterly. (a) find the amount after 2 years?
Investing $2000 in an account that pays 8.5% interest per year compounded quarterly will be worth $2365.46 after 2 years.
Compound interest bases each period's interest calculation on the total from the preceding period. This indicates that the principal for the current time period is now equal to the amount from the prior time period. Adding interest to the current principal sum is referred to as "compounding."
Principal invested = $2000
Rate of interest = 8.5% per year
Using the formula we get:
A = P(1+r/4)^4t
where A = final amount received after t years
P = principal amount invested
r = rate of interest
t = time in years
Substituting the values in the formula we get the following:
A = 2000(1+8.5/400)^4*2
= 2000(1.0212)^8
= 2000*1.1827
= $2365.46
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which of the following are true statements i. the area under a normal curve is always equal to 1, no matter what the mean and standard deviation. ii. the smaller the standard deviation of a normal curve, the higher and narrower the graph iii. normal curves with different means are centered around different numbers
The correct statement is the area under a normal curve is always equal to 1, no matter what the mean and standard deviation.
Standard deviation- The standard deviation in statistics is a measure of the amount of variation or dispersion in a set of values. A low standard deviation indicates that the values are close to the set's mean, whereas a high standard deviation indicates that the values are spread out over a larger range.
Mean- In mathematics, particularly statistics, there are several types of means. Each mean is used to summarize a specific group of data, often in order to better understand the overall value of set data.
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What do we call money spent by the government?.
The money spent by the government is called government spending or expenditure of the government.
What government?A government refers to an administrative system developed to mnaintian the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens.
Government consumption, government subsidies, and interest charges make up the three main categories of government spending or expenditure.
The term "budget deficit" is frequently used to describe government spending and the level of the national debt when expenses overtake revenues.
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What is the importance of TNC for developing countries?.
Transnational Corporations (TNCs) have been discovered to serve international economies by acquiring multinational managerial, technical, and behavioral skills and resources, and they have made significant contributions to the economic development processes of many developed and developing countries.
What impact do TNCs have on underdeveloped countries?
Concerns about the environment - TNCs can harm the atmosphere, water, and land. Many developing countries have less stringent pollution laws than developed countries.
Why are multinational firms crucial in a country's development?
They not only bring technological advancements, but also organizational structures. Other companies can raise their management levels because national standards rise once corporations begin operating in this country. Another role can be seen in the increased circulation of money in the economy.
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What is the type of investment that is used by a governments and companies to raise money by borrowing from investors?.
Governments and companies use bonds to raise money by borrowing from investors.
Bonds can be a wise choice for investors with less time to recover losses because they typically carry less risk than stocks. Bonds generate income in the form of coupon payments, which are made at regular intervals in a fixed amount.
Typically, the relationship between stocks and bonds is inverse, which means that when the stock market declines, bonds become more desirable.
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if a buyer discovers an error in a home inspection report regarding a defect affecting the value or desirability of the property, the buyer has from the date of the inspection to file an action to recover any money losses.
If a buyer discovers an error in an home inspection report which affects the property's value or desirability, they have four years after the date of the inspection to file a legal action to recover money losses.
A qualified home inspector evaluates the condition of the property, including the cooling and heating systems, plumbing, electrical work, water and sewage, and some fire and safety issues. In addition, the home inspector would then look for signs of insect, water, or fire damage, as well as any other issue that may have an impact on the property's value.
Home inspectors are frequently hired by prospective home buyers to research a property and obtain a written report detailing its condition, including assessing necessary as well as recommended repairs, maintenance concerns, and other potentially costly issues. This same physical structure of the home, from of the foundation to the roof, as well as the home's systems, will be evaluated by the home inspector. This inspection will determine whether or not the house is code compliant.
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Leon, Mia, Nestor, and Orina are employees of different-sized employers in different industries. Under the Fair Labor Standards Act, all employees in covered industries must be paid per houra minimum wage.
Employers of various sizes and in various sectors employ Leon, Mia, Nestor, and Orina. All workers in covered industries must receive a minimum wage per hour, according to the Fair Labor Standards Act.
A statute in the United States called the Fair Labor Standards Act (FLSA) was created to safeguard workers against particular unfair wage practices. As a result, the FLSA outlines a number of labor laws pertaining to employment in interstate commerce, such as minimum wages, requirements for overtime compensation, and restrictions on child labor.
One of the most crucial laws for businesses to comprehend is the FLSA, which was created in 1938 and has seen multiple amendments since then. It lays out a broad range of guidelines for how to deal with employees, whether they are salaried or paid by the hour.
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Consider a population of 3000 people, 1400 of whom are men. Assume that 700 of the women in this population earn at least $60,000 per year, and 500 of the men earn less than $60,000 per year.
What is the probability that a randomly selected person from this population earns less than $60,000 per year?
If a randomly selected person is observed to earn less than $60,000 per year, what is the probability that this person is a man?
If a randomly selected person is observed to earn at least $60,000 per year, what is the probability that this person is a woman?
The probability that this person is a woman is 0.4375.
Probability is the department of mathematics concerning numerical descriptions of ways probable an event is to occur, or how in all likelihood it's miles that a proposition is proper. The opportunity of an occasion is quite a number between zero and 1, wherein, roughly speaking, zero suggests the impossibility of the event and 1 suggests certainty.
Probability is calculated by way of dividing the number of approaches the occasion can occur via the overall variety of outcomes. probability and odds are exceptional principles. Odds are the opportunity that something takes place divided by way of the possibility that it would not take place.
Calculation:-
required probability
1400/3000 × 500/1400 × 900/1600
= 0.467
B. 500/1401 = 0.35688
c. Required 700/3000 / 700/3000+ 900/3000 = 0.4375
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When nikki passes the first management quiz with flying colors, she credits her dedication and intellect. When she fails the first test, she blames it on a poorly worded test. This is an example of the ________ bias.
Nikki attributes her success on the first management quiz to her devotion and expertise. She claims that the first test was badly written after failing it. An illustration of skewed self-interest is this.
When we attribute positive results to our own activities or character while attributing negative results to external factors unrelated to our character, we are said to be engaging in self-serving bias. Self-serving bias has long interested academics all across the world. The self-serving bias can be problematic since we are less likely to learn from our mistakes and improve moving ahead if we don't accept responsibility for them. In order to succeed in accomplishing our goals and wishes in life, we must fail, learn from our errors, and then improve on them.Thus the right answer is self serving bias.
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when investors buy stock with borrowed funds, this is sometimes referred to as group of answer choices use of proxy. purchasing stock on margin. a margin call. a margin residual claim.
When investors buy stock with borrowed funds, this is sometimes referred to as "purchasing stock on margin".
What is Purchasing stock on margin?Purchasing stock on margin entails borrowing money from your brokerage and investing it in more securities than you can buy with your available cash. Margin buying allows investors to increase their returns, but only if their investments outperform the cost of the loan.
When should you purchase stock on margin?As interest charges accumulate against you, your debt level rises over time. As debt grows, so do interest charges, and so on. Buying on margin is thus primarily used for short-term investments.The longer you hold an investment, the higher the required return to break even.When investors buy stock with borrowed funds, this is sometimes referred to as purchasing or buying stock on margin,
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what can managers do in the anticipatory socialization stage that is likely to make employees more successful in the adaptation phase?
Answer:
Give them realistic job views
Explanation:
The Managers can do in the anticipatory socialization stage which is likely to make employees more successful in the adaptation stage is that managers provide incentives and rewards to their employees if they succeed in achieving the targets of the company.
What is Socialization?Socialization is an interaction process that builds stable and balanced relationships between individuals and their communities. This process can teach a person to work and carry out daily work and functions according to the rules of society.
Anticipatory Socialization
Anticipatory socialization refers to a process in which a person learns the culture of a group with anticipation of supporting that group. When a person learns the beliefs, meanings, values, and norms appropriate to the status or group he aspires to be. He/She learned how to act in his new role.
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TRUE/FALSE. the balance sheet shows a firm's assets, liabilities, and owners' equity at a specific point in time.
It is accurate to say that a balance sheet lists a property, liabilities, and owners' capital at a certain period.
Is cash an asset or a liability?In a nutshell, yes—cash is the top item on a business's balance sheet and a current asset. The easiest way to acquire other assets is by using cash, because it is the most flexible sort of asset. The simplicity at whereas a property can be turned into cash is known as liquidity.
Simple liabilities are what?A liability is typically something owed to another person. The definition of duty is a risk or responsibility that is imposed by law. In their accounting records, companies discriminate between liabilities and assets.
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which of the following is a source of competitive advantage for a company and is the basis for the product differentiation that tends to dominate the industry? a. dominant design b. public domain c. paradigm shift d. first mover e. technical standard
The option that serves as a source of competitive advantage for a company and is the basis for the product differentiation that tends to dominate the industry is e. technical standard.
What is competitive advantage?A competitive advantage can be described as anything nwhich can provide a company an edge over its competitors, which do help them to it attract more customers and grow its market shareb however the competitive advantage can be achieved in these three primary forms which encompass the Cost advantage thtas involves the process of producing a product as well as providing a service at a lower cost than competitors.
In conclusion, In business, a competitive advantage can be perceiuved as the attribute that allows an organization to outperform its competitors, hence the product differentiation which can help in dominating the industry so as to achive the competitive advantage is technical standard.
Therefore, option E is correct.
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