Suppose a monopolist has a choice to charge a higher price in one market than another, what would be the guideline to determine which market is charged more?
A) The market with the less elastic demand curve is charged more.
B) The market with the less elastic demand curve is charged less.
C) The market with the less elastic supply curve is charged more.
D) The market with the less elastic supply curve is charged more.
Answer: A
You might also like to view...
Managerial decision makers must often consider non-economic factors as well. For example, when considering whether to outsource to another country, in addition to considering the cost of that decision, managerial accountants with an emphasis on sustainability should consider the human capital impact as well. This represents sustainability within a:
A. make-or-buy decision. B. special-order decision. C. keep-or-drop decision. D. sell-or-process further decision.
On June 17, 2012, Company A purchases 10,000 shares of Company B's $15 par value, common stock for $200,000 . Company B has 50,000 shares of common stock outstanding. On December 31, 2010, the market price of the stock is $22 per share. Company A's entry to record the stock purchase is:
a. debit Short-Term Investments, $200,000, and credit Cash, $200,000. b. debit Investment in Company B, $200,000, and credit Cash, $200,000. c. debit Long-Term Investments, $150,000; debit Allowance to Adjust Long-Term Investments to Market, $50,000; and credit Cash, $200,000. d. debit Investment in Company B, $150,000; debit Allowance to Adjust Long-Term Investments to Market, $50,000; and credit Cash, $200,000.
In a sale or return, a buyer has an option to return the goods and undo the sale.?
Indicate whether the statement is true or false
A ________ is used to determine what can be comfortably afforded.
A) budget sheet B) net worth sheet C) tax form D) bank statement E) None of the answers are correct