Compared to Monopoly Pricing, an Optimal Two-Part Tariff

question 109

Multiple Choice

Compared to monopoly pricing, an optimal two-part tariff

• A)reduces economic efficiency.
• B)eliminates the deadweight loss.
• C)equates marginal revenue and average revenue.
• D)increases consumer surplus.

Understand the concept of human capital management and segmentation.

Understand the use of Markov models in forecasting employee movements within an organization.

Recognize the function of vacancy and skills inventory models in human resources planning.

Comprehend the significance of internal versus external supply of human capital.

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Definitions:

Receivable Turnover Ratio

A financial metric that measures how efficiently a company collects cash from its credit sales by calculating the number of times average receivables are collected during a period.

Average Days

Average days, often related to accounts receivable and payable, refers to the average number of days it takes a company to collect payments from customers or the time it takes to pay suppliers.

Liquidity Ratios

Financial metrics used to assess a firm's ability to meet its short-term obligations, with common examples including the current ratio and quick ratio.