Laura Runs a Nightclub

question 9

Multiple Choice

Laura runs a nightclub.Given the popularity and cache of the club, she has a monopoly position in the market.Each potential nightclub goer has the same demand of P = 22 - q, and there are 1000 customers in total in the market.Laura has a marginal cost per drink of MC = $2 per unit and no fixed cost.If Laura can charge an entry fee as well as for each drink, which statement is true?

• A)Laura charges an entry fee of $200 and $2 per drink; she makes a profit of $200 000; there is zero DWL generated in this market.
• B)Laura charges an entry fee of $0 and $12 per drink; there is a DWL of $72 generated in this market.
• C)Laura charges an entry fee of $250 and $2 per drink; there is zero DWL generated in this market.
• D)Laura charges an entry fee of $50 and $2 per drink; she makes a profit of $0; there is zero DWL generated in this market.
• E)None of the above.

Identify the components that affect the cash balance per books and per bank.

Analyze how specific transactions impact the adjusted cash balance per books.

Understand the anatomy of the respiratory system, including the identification of its major segments and structures.

Recognize the physiological processes involved in respiration, including gas exchange and the roles of different respiratory structures.

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Definitions:

Safe Payments

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Capital Deficit Balances

Situations where a company's total capital is less than zero, indicating that its liabilities exceed its assets.

Recorded Capital Account

An account on a company's balance sheet that represents the shareholders' equity invested in the business, either by contributing capital or retaining earnings.

Distribution

The process of allocating assets, such as cash dividends or stock shares, to shareholders as part of the earnings generated by a company.