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
valentina_108 [34]
1 year ago
6

deltra was willing to purchase a dozen cookies for $80 that deirdre was willing to sell for anything more than $42. if they agre

ed on a price of $46, how much total value was created in this exchange?
Business
1 answer:
fgiga [73]1 year ago
4 0

The total value created in this exchange is $38.

<h3>What is the total value created?</h3>

The total value created is the sum of the consumer surplus and the producer surplus.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

$80 - $46 = $34

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

$46 - $42 = $4

Total surplus = consumer surplus + produce surplus

$4 + $34 = $38

To learn more about consumer surplus, please check: brainly.com/question/25816093

#SPJ1

You might be interested in
An outward shift of a nation's production possibilities frontier can occur due to
DENIUS [597]

Answer:

The correct answer is option D.

Explanation:

Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.

An outward shift in the production possibility frontier imply that production of output is increasing.

Production may increase because of increase in inputs.

Here, the shift in production is happening because of increase in labor force.

8 0
2 years ago
All of the following qualitative considerations may impact upon capital investment analysis except a.market opportunities b.manu
Murljashka [212]

All of the following qualitative considerations may impact upon capital investment analysis except manufacturing sunk cost .

Option c

<u> Explanation: </u>

In a manufacturing setup or any business environment Capital investment plays a major role. To do the long term investment and to assess the profitability the company will do a budgeting procedure is called the capital investment analysis.

The assessment of fixed assets like equipment, machines of a manufacturing sector is done by the capital investment analysis. From the above the manufacturing sunk cost is not considered for the analysis because it the money which has spent already that cannot be recovered.

4 0
3 years ago
A company's ability to achieve and maintain a unique and valuable competitive position both within a nation and globally, genera
slega [8]

It is known as competitive advantage.

Competitive advantage refers to factors that allow a company to produce goods or services more efficiently or at a lower cost than competitors. These components allow the manufacturing unit to generate more sales or profits than its competitors in the market.

It is the favorable position that a firm seeks in order to outperform its competition.

Competitive advantages are classified into two types: comparative advantages and differentiated advantages.

A company's comparative advantage is its ability to manufacture something more effectively than a rival, resulting in larger profit margins.

A differential advantage occurs when a company's goods are seen to be both distinctive and of greater quality than those of a rival.

To know more about competitive advantage click here:

brainly.com/question/17189107

#SPJ4

5 0
2 years ago
Whenever you have a concern or complaint about an issue at work, to whom should you talk with first?
rusak2 [61]
I don’t know if i’m right or the answers that were given to you, but I believe it’s the ombudsman. Correct me if i’m wrong :)
6 0
2 years ago
Although not required by regulation, which of the following actions does FDA guidance recommend for clinical use of a HUD outsid
SSSSS [86.1K]

Answer:

B

Explanation:

Obtain informed consent from the patient and ensure that reasonable patient protection measures are followed.

3 0
2 years ago
Other questions:
  • The manager of Dukey’s Shoe Station estimates operating costs for the year will include $480,000 in fixed costs. Required: a. Fi
    10·1 answer
  • Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed b
    11·1 answer
  • . If a T-bill promises to repay $10,000 in one year and the market interest rate is 6 percent, how much will the bill sell for i
    13·1 answer
  • Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $
    12·1 answer
  • Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20
    12·1 answer
  • 11. If you saw an employee take damaged merchandise that had been thrown away, what would
    15·1 answer
  • A util is an artificial construct used as a means of measuring the A. costs of producing a good B. price of a good C. satisfacti
    11·1 answer
  • Overhead Variances, Four-Variance Analysis Oerstman, Inc., uses a standard costing system and develops its overhead rates from t
    11·1 answer
  • The rapid growth of the Chinese economy should benefit U.S. consumers as they have access to less-expensive consumer goods. make
    15·1 answer
  • A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day tria
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!