1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlekseyPX
2 years ago
15

What is the space between the buyer’s reservation price and the seller’s reservation price called?

Business
1 answer:
dimulka [17.4K]2 years ago
3 0

The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

What is reservation price for buyer?

A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

Learn more about reservation price: brainly.com/question/13215058

#SPJ4

You might be interested in
If you think that your bill is wrong, you should first: A. contact the local credit bureau and inform it of the billing error. B
MAVERICK [17]
The answer is A. Contact  the local credit bureau and inform it of the billing error.
3 0
3 years ago
Three employees of a hardware store damaged a tile floor while moving concrete pavers from their delivery truck to an outdoor pa
KiRa [710]

Answer:

The Business Auto Coverage Form in this case will cover for tile damages that occur due to accidents brought about during the transfer of property from a covered auto to the place where the property is finally delivered. The damages that occurred on the pavers will not be covered because of the care, custody, and/or control exclusion clause.

8 0
4 years ago
The Federal Reserve would most likely adopt a contractionary monetary
sergey [27]

Answer:

A. The country has a high inflation rate and rapid economic growth.

Explanation:

A contractionary monetary policy aims at limiting the amount of money supply in the economy. Contractionary monetary policies discourage banks from lending out money to businesses and households. If firms and individuals have no easy access to credit, the level of investments and consumption declines, resulting in slower economic growth.

Contractionary monetary policies are also used to tame a high inflation rate. Inflation is the general increase in prices in the economy. It may arise due to a high economic growth rate. Because contractionary policies decrease the supply of money in the economy, less liquidity reduces the aggregate demand, thereby curbing increasing prices.

3 0
3 years ago
Read 2 more answers
How can a renter reduce the amount of money he or she spends on monthly
DIA [1.3K]

Answer:

Option C.

Explanation:

From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.

This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.

The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.

4 0
3 years ago
Your stockbroker executed the following trades for your account: • 50 shares of Kaiser Aluminum at $104 a share • 100 shares of
katrin2010 [14]

Answer:

$46.51

Explanation:

The weighted arithmetic mean can be defined as:

M = \frac{n1P1 + n2P2 +n3P3}{n1 +n2+n3}

Where n is the number of shares and P is the share price, then:

M= \frac{50*104 + 100*25.25+ 20*9.125}{50+100+20} \\ M= \frac{7907.5}{170}\\M= 46.514

Based on this, the weighted arithmetic mean price per share is $46.51

4 0
3 years ago
Other questions:
  • ToughBuilders Corp., a construction company, finishes the construction of a house two days after the contract called for its com
    12·1 answer
  • What is the opportunity coast in using pi over npv?
    15·1 answer
  • Mr. Draper is the hiring manager of a large corporation. He has been asked to recruit two new sales executives for the firm spec
    7·1 answer
  • Consider the economies of Gobbledigook and Hermes, both of which produce agricultural products using only land and labor. The fo
    6·1 answer
  • Balance sheets prepared under IFRS: Multiple Choice must list assets, but not liabilities in order of liquidity. may list assets
    14·2 answers
  • Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:
    12·1 answer
  • Capital inflow equals:
    14·1 answer
  • Monet, Inc. purchases 1,000 shares of its own previously issued $5 par common stock for $11,000. Assuming the shares are held in
    13·1 answer
  • Is Cu2+(aq) + 2e− ---------------> Cu(s) oxidation or reduction?​
    13·1 answer
  • A company invests $40,000 in a project with the following net cash flows: Year 1: $3,000 Year 2: $8,000 Year 3: $14,000 Year 4:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!