Tom is a junk remover who occasionally finds rare antiques to sell. He uses an online auction site to sell each antique at the highest possible price customers are willing to pay. Tom is engaging in _____, which leads to _____ consumer surplus.

Answers

Answer 1

Tom is a junk remover who occasionally finds rare antiques to sell. He uses an online auction site to sell each antique for the highest possible price customers are willing to pay. Tom is engaging in perfect price discrimination and this leads to zero consumer surplus.

What three ways does pricing discrimination come in?

The first degree of price discrimination is known as personalized pricing, the second degree is known as product versioning or menu pricing, and the third degree is known as group pricing.

Which four pricing types are there?

Although there are many various pricing tactics, small business owners typically employ Competitive Pricing, Cost-plus Pricing, Markup Pricing, and Demand Pricing.

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Related Questions

Which economic tool would most likely be used as part of a contractionary
monetary policy?
A. Lowering the reserve requirement
O B. Raising interest on reserves
C. Buying treasury securities
D. Reducing the discount rate
SUBMIT

Answers

Answer:

O B. Raising interest on reserves

Explanation:

The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.

Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money.  Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.

Answer: B. Raising interest on reserves

Explanation:

Just got it right!!!

This is for money skills. Please help

This is for money skills. Please help

Answers

Answer:

when you divide

Explanation:

What are the benefits of 2022 versa’s 5-speed manual transmission?

Answers

The benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.

What is a 5-speed manual transmission?

This transmission system relates to a sporty-based engine because its ensure that full gear are used for high accelaration of the vehicle.

In conclusion, the benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.

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(02.10 LC) What strategy works best to get out of a rut?

A) Attitude
B) Belief
C) Flexibility
D) Selling out

Answers

Answer is C Flexibility because that's the only thing that goes in the exercise category.

Explanation: I hoped that Helped!!

Answer:

Flexibility.

Explanation:

Cognitive flexibility refers to the brain’s ability to transition from thinking about one concept to another.  The quicker you are able to switch or “shift” your thinking from one dimension (e.g. color of an object) to another (e.g. shape of an object), the greater your level of cognitive flexibility.

The first thing D’ Andrea was asked when she went to work for an advertising firm is how to promote to African Americans. All of the following should be good advice D’ Andrea could give, EXCEPT__________.
Putting African American models in advertisements.
African American-targeted media is preferred over Mainstream media when targeting African Americans
African Americans disposable income is lower than that of other Americans, however, they outspend others on product categories such as personal and beauty care products
Contemporary marketers must overcome a legacy of earlier negative stereotypes of African Americans by mainstream marketers
Separate advertisements to African Americans are never done and should not be considered.

Answers

The first thing D’ Andrea was asked when she went to work for an advertising firm is how to promote to African Americans.

All of the following should be good advice D’ Andrea could give, EXCEPT to "Separate advertisements to African Americans are never done and should not be considered.

"However, even this has become a less rigid guideline today. The idea behind avoiding advertising that separates African Americans from other groups was to keep African Americans from feeling “different” from everyone else. Furthermore, such advertising was believed to perpetuate stereotypes.

To reach out to African Americans, putting African American models in advertisements is one effective approach. Second, African American-targeted media is preferred over Mainstream media when targeting African Americans.

African Americans disposable income is lower than that of other Americans, however, they outspend others on product categories such as personal and beauty care products. Lastly, contemporary marketers must overcome a legacy of earlier negative stereotypes of African Americans by mainstream marketers.

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Someone who looks after all of the different area managers in a large corporation such as in HR, Business Information, and Operations is called a: general manager. tutor. human resources manager. system's analyst.​

Answers

Answer:

general manager.

Explanation:

An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Similarly, someone who looks after all of the different area managers in a large corporation such as in HR, Business Information, and Operations is called a general manager.

Answer: General Manager

Explanation:

Mark receives $400 per week for salary as a sales associate. His quota is $2750 and his commission is 10%. This week, Mark sold $29,000 in merchandise, $1800 of which was returned. calculate his gross pay.

Answers

Answer:

$3,120

Explanation:

A sales quota is the minimum volume a salesperson is expected to move to earn commissions.

Mark's quota is $2750

In the week, mark sold $29,000, but $1,800 was returned. The net sales were: $29,000 - $ 1,800 = $27,200

Mark is a 10% commission. The commissions  will be 10% of net sales

=10/100 x $27,200

=0.1 x $27,200

=$2,720

gross pay will be weekly earnings plus commissions

=$400 +$2,720

=$3,120

To apply the inbound access list 1 to an interface, you use the following command: ____.
a. ip access-group 1 out
b. ip access-group 1 int
c. ip access-group 1 ext
d. ip access-group 1 in

Answers

The correct command to apply the inbound access list 1 to an interface is **d. ip access-group 1 in**.

When configuring access control lists (ACLs) on a router or a switch, the "ip access-group" command is used to apply the ACL to an interface. In this case, the "in" keyword specifies that the ACL should be applied to the inbound traffic on the interface. Therefore, the correct command is "ip access-group 1 in" to apply access list 1 to the inbound traffic on the interface.

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when the consumer price index rises, the typical familya. finds that its standard of living is not affected.b. has to spend more dollars to maintain the same standard of living.c. can spend fewer dollars to maintain the same standard of living.

Answers

The typical family option b. has to spend more money to maintain the same level of living as the consumer price index increases.

A market basket of products and services that households have purchased at a weighted average price is measured by a consumer price index. The measured CPI changes over time to reflect variations in price.

The Consumer Price Index (CPI) monitors changes in the cost of items for consumers. It is a method for determining whether there is overall inflation or deflation in the economy. Your choice of how much money to spend or save could be influenced by the CPI.

The average pace of price change over time has accelerated, as seen by an increase in the CPI. This causes changes in the cost of living and income over time.

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Select the correct calculation from the following list * One of the key figures used in a manufacturing account is 'raw materials used in manufacture'. How is this figure calculated? Opening inventory of raw materials + Closing inventory of raw materials + Purchases of raw materials Opening inventory of raw materials + Purchases of raw materials-Closing inventory of raw materials Closing inventory of raw materials + Purchases of raw materials - Opening inventory of raw materials Purchases of raw materials - Opening inventory of raw materials - Closing inventory of raw materials

Answers

The figure "raw materials used in manufacture" in a manufacturing account should be calculated as follows:

opening raw material inventories plus purchasing raw materials - Closing the raw materials inventory This formula considers the beginning raw material inventory, adds the purchases made throughout the accounting period, and then deducts the ending raw material inventory. The resulting number displays the volume of raw materials used or consumed during the designated time frame.

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Find the simple interest paid.
9. Principal: $350
Annual rate: 4%
Time: 3 years
Interest

Answers

Answer:

$392

Explanation:

Using the simple interest formula....

A=P(1+rt)

A=350(1+(0.04)(3))

A=350(1+(0.12)

A=350(1.12)

A=350x1.12

A=392

if a shortage exists for a good in a free-market economy, the:

Answers

If a shortage exists for a good in a free-market economy, the price of that good will generally increase until the market reaches equilibrium.

In a free-market economy, prices are determined by supply and demand. When the demand for a good exceeds the supply, the price will go up as consumers compete for the limited supply. This increase in price signals to suppliers that there is an opportunity to make a profit by producing more of the good, which will eventually increase the supply and bring the market back to equilibrium. However, there are some factors that can limit the ability of the market to reach equilibrium. For example, if there are significant barriers to entry for new suppliers, it may be difficult for the market to respond to changes in demand. Additionally, if the shortage is caused by a natural disaster or other unexpected event, it may take time for the market to adjust.
In some cases, governments may intervene in the market to address shortages. For example, they may impose price controls or subsidies to encourage suppliers to increase production. However, these interventions can have unintended consequences and may not always be effective. Overall, shortages can have significant impacts on the economy, as they can lead to higher prices, reduced access to essential goods, and disruptions in supply chains. As such, it is important for governments and market participants to monitor and respond to shortages in a timely and effective manner.

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in the context of discharging a contract, ______ conditions are explicitly stated in the contract.

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In the context of discharging a contract, "express" conditions are explicitly stated in the contract.

Express conditions are terms or requirements that are explicitly mentioned and agreed upon by the parties involved in the contract. These conditions outline specific events, actions, or performances that must occur or be fulfilled for the contract to be considered discharged.

They are typically written or verbal statements that explicitly define the obligations, rights, and responsibilities of each party. Failure to meet an express condition may result in a breach of contract and potential legal consequences.

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why do organizations decline? what steps can top management take to halt, decline, and restore organizational growth?

Answers

The number one cause of organizational decline is said to be competition. Competition is drawn to industries that make extraordinary profits. As a result, an increasing number of businesses begin to enter this industry. As a result, existing organizations will experience a higher rate of decline.

What exactly is organizational decline?

When businesses fail to anticipate, recognize, neutralize, or adapt to external or internal pressures that jeopardize their survival, this is referred to as organizational decline. Organizational decline is divided into five stages. Brain washed, inaction, malfunctioning action, crisis, & dissolution are the stages.

What exactly is a decrease strategy?

Decline strategies, also known as defensive strategies, are used when an organization finds itself in a vulnerable situation due to poor planning, inefficiency, and ineffectiveness.

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Not showing up to work on time on a regular basis could cause your manager to question your:

Professionalism

fit between your interests and your job

choice of transportation mode

planning skills

I DONT KNOW YET

Answers

Answer:

Professionalism.

Explanation:

Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.

Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.

Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.

Which of these is an example of qualitative data?

A. A report on the annual sales for a popular children's toy

B. The results of a survey asking whether someone prefers sweet or
sour candy

C. A graph showing how many times people purchase candles

D. A report on how many items were returned to a major clothing
store​

Which of these is an example of qualitative data?A. A report on the annual sales for a popular children's

Answers

The results of a survey asking whether someone prefers sweet or sour candy

A ceiling design that has a rectangular center that is either popped out or inverted to add an effect.​

Answers

Answer:

tray ceilings

Tray Ceiling - Usually seen in dining rooms and kitchens, tray ceilings are built upwards in a cut out resembling a tray. It has a rectangular center that is either popped out or inverted to add an effect

Explanation:

Hope it helps

Your sister has opened a new catering business. The people who use her catering company love the personal service she gives them. Unfortunately, her business is growing so fast that it's hard for her to remember peoples' names, food preferences, and the things she's cooked for them in the past. She asks you what software could help solve that problem. What 3-letter acronym is used for the type of enterprise system that will perfectly meet those needs? That acronym stands for what three word term?

Answers

The 3-letter acronym used for the type of enterprise system that will perfectly meet the needs of your sister's catering business is CRM. This stands for "Customer Relationship Management.

Customer Relationship Management (CRM) is an enterprise software that manages a company's interactions with its clients, both existing and potential. The CRM system is used to streamline company processes, improve customer service, and increase revenue. CRM software enables organizations to store client and prospect data, track customer interactions, and automate sales and marketing activities.CRM software remembers preferences CRM software will perfectly meet the needs of the catering business because it can keep track of client interactions and preferences. The catering company would be able to enter client data into the CRM software, and the software would be able to remember their names, contact information, food preferences, and past orders. This will allow your sister to deliver a personalized service to her customers and ensure customer satisfaction.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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What is one purpose of an essay's introduction paragraph?
47
O to provide a list of transitional words that will help your reader make sense of the writing
O to elaborate fully on one of the essay's main ideas
O to restate your main ideas and make a lasting impression on your reader
O to engage the reader by telling a personal story or sharing a startling statistic

Answers

Answer:

B.

Explanation:

To elaborate fully on one of the essay's main ideas. You want for your reader to know what they will be reading about.

Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale

Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character

Answers

Answer:veronica

Explanation:

sure

Answer:

yes i love riverdale my fav character is cheryl or betty

Explanation:

Consumption is the purchase of goods and services by.

Answers

consumer or customer boiijj

Consumption is the purchase of goods and services by households.

What is Consumption?

Utilizing resources in order to achieve present needs and desires is referred to as consume. In contrast, investing is making purchases in order to generate future earnings. A key concept in economic, consumption is also explored in various other human sciences.

Consumption is the act of households purchasing goods and services. The biggest single source of GDP is consumption. Intangible goods or acts known as product services are generally highly consumed concurrently.

Contrary to consumption spending, which is the buying on commodities for domestic use, consuming is not the same thing. It is the quantity spending on consumables, including durables, and related industries.

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I need help with all those questions

I need help with all those questions

Answers

Where’s the picture like
1. $6000
2.$7000
3.$9000

China is the #1 producer of wheat; however, the United
States also produces wheat.
What reason(s) might the U.S. have to sell its own wheat as
well as wheat produced in China?

Answers

Economically speaking, where China is the Number 1 producer of wheat and the United States also produces wheat, the U.S. may sell both Chinese and American-produced wheat to meet demand and diversify sources of supply.

What is Supply in Economics?

Supply in economics refers to the quantity of a resource that businesses, producers, laborers, financial asset providers, or other economic actors are willing and able to deliver to the market or to an individual. Supply can be in the form of manufactured items, labor time, raw resources, or any other rare or valued item.

Economic variety or economic diversification refers to changes in a region's or country's economic position or utilization of a diverse range of economic activities.

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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.

Answers

Process Innovation type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow.

What is an example of process innovation?A process innovation is the introduction of a new or significantly improved method of production or delivery. Significant changes in techniques, equipment, and/or software are included.

A company, for example, can modify the software used in its supply chain and delivery system. You can use PI to create new products or improve existing ones. Processes in areas such as information systems, manufacturing, and customer service can all be innovated by organizations.

Process innovations can be designed to reduce unit costs of production or delivery, improve quality, or create or deliver new or significantly improved products. Process innovations include new or significantly improved methods for service creation and delivery.

Product innovation refers to the development and release of a new product or service to the market, as well as an improved version of an existing product. Process innovation, on the other hand, is the implementation of a new or improved production or delivery method.

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Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

If npv is conceptually the best tool for capital budgeting, why do you think multiple measures are used in practice? what is the relationship between the profitability index and the npv? are there any situations in which you might prefer one method over the other?

Answers

Although NPV is thought to be the most reliable and theoretically sound way for analysing capital budgeting choices, managers may employ several metrics based on the particular scenario or decision being made

The process of preparing a budget defines how a company will distribute its financial resources over a specific time period. It include forecasting future income and spending, deciding on priorities, and establishing performance goals. A crucial component of financial management is budgeting, which enables businesses to keep expenditures in check, allocate resources efficiently, and make long term plans. Accurate financial data, communication across departments and stakeholders, and a clear grasp of the organization's goals and objectives are necessary for effective budgeting. Budgeting helps companies to make educated decisions, adjust to changing conditions, and maintain long-term sustainability by defining clear financial goals and tracking performance against them.budgeting

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How is a cryptocurrency exchange different from a cryptocurrency wallet?

Answers

Crypto exchanges are like online marketplaces where people can buy, sell, and trade crypto. A crypto wallet is a piece of software or hardware that can be used for storing, receiving, and sending crypto
A cryptocurrency exchange and a cryptocurrency wallet are two different types of services that are used for different purposes in the world of cryptocurrencies.

A cryptocurrency exchange is a platform that enables users to buy, sell, and trade various cryptocurrencies. It acts as an intermediary between buyers and sellers, facilitating transactions and maintaining the order book. Cryptocurrency exchanges typically charge fees for their services, which can vary depending on the exchange and the type of transaction.

On the other hand, a cryptocurrency wallet is a software application or a physical device that is used to store, send, and receive cryptocurrencies. A cryptocurrency wallet can store private keys, which are used to sign transactions and prove ownership of the cryptocurrencies stored in the wallet. Cryptocurrency wallets can be either hot (connected to the internet) or cold (offline), and they can have different levels of security features to protect the user's assets.

What was herbert hoover’s solution to the economic issues in america?.

Answers

Herbert Hoover was the 31st President of the United States of America. During his term as President, he introduced a number of programs that were intended to resolve the economic issues that had occurred in America.

Hoover believed that the government should not be involved in the economy, even during times of economic crisis. His approach to the depression was largely hands-off, allowing the economy to correct itself. He hoped that the economy would be able to recover quickly without government intervention.However, Hoover also believed in voluntary actions and cooperation between government, business, and individuals to address economic issues. He called for businesses to keep wages at current levels and asked for charitable donations to aid those affected by the depression. Hoover also signed the Smoot-Hawley Tariff Act, which increased taxes on imported goods, leading to a decline in international trade

In conclusion, Herbert Hoover's solution to the economic issues in America was to adopt a hands-off approach to the economy, as he believed the economy would recover itself. Nevertheless, he called for voluntary action and cooperation between government, business, and individuals to address economic issues.

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F.O.B. Destination indicates that: Select one: O a. Merchandise should be included in the buyer's inventory as of the date it is shipped by the seller. O b. The seller should record sales revenue upon receipt at the buyer's warehouse. O c. Title to the merchandise passes to the buyer as soon as the merchandise has been shipped. O d. The buyer owns the item during shipment.

Answers

The correct answer is O b. The seller should record sales revenue upon receipt at the buyer's warehouse.

F.O.B. Destination means that the seller is responsible for the goods until they reach the buyer's specified destination. In this case, the seller retains ownership and responsibility for the merchandise during shipment, and the buyer does not take ownership until the goods are delivered to their specified location.

Therefore, the seller should not record sales revenue until the goods have reached the buyer's warehouse or specified destination. This ensures that revenue is recognized at the appropriate time when the buyer has taken possession and control of the merchandise.

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A cylindrical waste can has a volume of 310.86 cubic meters and the area of its base is about 28.26 square meters. find the height of the waste can. round to the nearest hundredth. PLEASE ANSWER ASAP NO LINKS!!!! The perimeter of a rectangle is 28cm its length is more than 10cm more than its widith which equation can be used to find the dimensions what happens to chromosomes during meiosis 1? during meiosis 2? HELLLPPP Multiply. Write your answer in scientific notation. 6 (2 x 10^)(1 x 10 ___________ and _____________ are familiar phrases that share advice or messages about truths. Their meanings are often non-literal. Studies show that the orbits of Apollo and Amor objects are not stable; that is, these orbits cannot have existed since the beginning of the solar system. What is the most likely source of the Apollo-Amor objects? Describe the impact of "market discipline" on national economic and political autonomy as global capital markets have opened up and investors can invest or withdraw support from entire national economies at will. Match up the characteristics below with the type of molecular bond they describe. Bonds found in Halite (between Na+ and Cl-) Bonds found between Si and O in the Si-O tetrahedron Bonds inside the water molecule (between the H and O ) Bonds that exist between two water molecules Strongest bond type Weakest bond type Bonds that are used by water to dissolve sal Question 1 (Multiple Choice Worth 2 points) (07.02 LC) Select a piece of information you can get by looking up a word in the dictionary. A word that means the opposite Similar meaning words O The part of speech O Translation into a language 0 Musical ideas from the Middle Eastern cultures were not a part of medieval cultural exchange. True or False. What is the corresponding mRNA strand for the following DNA template GTAC? Which word correctly completes the sentence? "People who move to a new city don't always have it easy. They go through much _______ as they try to set up a new home and make new friends in a place unknown to them." Question 1 options: formidable toilsome challenging tribulation the ________perspective is mostly concerned with identifying how power relationships and economic systems produce environmental and social conditions. Which circumstance shows an application of the First Amendment? Solve for a: 7a = 63 pls help help helppppp The reader can tell that the reviewer liked the story because- Which of the following criteria is more important for an interactive system? A) CPU utilization B) Response time C) Turnaround time D) Throughput can u help me please im really confused explain why its yes