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
Zinaida [17]
1 year ago
10

donna can make a chair for $100, she charges customers $150 to buy the chair, and customers perceive that the chair is worth $22

5. in this case, the consumer surplus is:
Business
1 answer:
Agata [3.3K]1 year ago
6 0

Donna can create a chair for $100, but clients must pay $150 to purchase it, therefore they believe it is worth $225. The consumer surplus in this instance is $75. Consumer surplus always rises as a good's price falls and falls as a good's price rises.

The financial benefit that consumers get as a result of being able to acquire a good for a price that is lower than the utmost price they would be prepared to pay is known as consumer surplus, or consumers' surplus. The consumer surplus is calculated using an economic formula by subtracting the greatest price that consumers would be willing to pay from the price they actually pay.

The equilibrium price is the point at which supply and demand coincide. Consumer surplus is defined as being above the equilibrium price and below the level of demand (CS).

To know more about equilibrium price, click here:-

brainly.com/question/28527601

#SPJ4

You might be interested in
What is the Dodd-Frank act do?
drek231 [11]
<span>A.prevents, detects, and prosecutes international
money laundering</span>
5 0
4 years ago
the original penguin clothing brand which features a cute penguin with a tie wrapped around its neck has made a successful comeb
Veronika [31]

​Assess organizational resources and evaluate risks and opportunities, It is this step in the marketing planning process that best corresponds to the articulation of a 10% increase in sales.

The marketing planning process is a methodical strategy for achieving marketing objectives. The marketing planning process includes the following steps: scenario analysis, goal-setting, strategy formulation, action programme development, implementation, control, review, and assessment. All of the managerial tasks of the company are coordinated with the aid of marketing planning process. In order to accomplish the general aims and goals of the company, it not only assists in coordinating the work of its own department but also in coordinating the managerial operations of every other department. Market penetration strategy, market development strategy, product development strategy, and diversification strategy are the four different types of the marketing planning processes.

Learn more about the marketing planning process here:

brainly.com/question/14545519

#SPJ4

7 0
2 years ago
Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n
gizmo_the_mogwai [7]

Answer:

if all else fails, slow the spread of bad practice.

Explanation:

In this scenario Nikolai knows that what his boss asked of him is wrong, and maybe for some reason he is unable to report the boss. For example if the boss has close relationship with the management it could lead to Nikolai losing his job.

As no there option is open to Nikolai the next best option will be to slow the spread of bad practice.

This is a delay tactic that can be used to reduce the impact of the bad practice pending when an action can be taken to avoid it altogether.

5 0
4 years ago
Read 2 more answers
True or false? A benefit of organic content promotion is that it allows you to show your content to a highly specific audience.
Tanzania [10]

Answer:

True

Explanation:

Organic content promotion which is the increase of the visibility of your content and the effectiveness of your marketing campaigns without actually spending money on advertisement space, boosted content, or promoted content. <em>For example, building influencers and spending time on your blog is an organic content promotion approach.</em>

7 0
4 years ago
Read 2 more answers
Tara was shopping for a new pair of shoes for work. The salesperson was very helpful and friendly, bringing Tara some styles she
aivan3 [116]

Answer:

salespeople

Explanation:

In the context, Tara wishes to buy new shoes for her work. She went to shoe shop and try out different shoes. The salesperson is helping her a lot in finding out her new pair of shoes and is also showing Tara some of the latest designs that are available in the shop.

The salesperson is polite and helpful to her. Tara found out that the salesperson also belonged to the same university where Tara studied. And she ended up in buying three pair of shoes instead of one. This shows the effect of the salesperson on the consumer behavior of Tara.

4 0
3 years ago
Other questions:
  • Edna is a 25-year-old employee who is thinking about opening a retirement account. When she checked, she found that her employer
    7·1 answer
  • 5. Hazelwood School District is located in Sleepy Hollow Township. It is being sued by several teachers who applied for teaching
    5·1 answer
  • Andrew Industries purchased $166,000 of raw materials on account during the month of March. The beginning Raw Materials Inventor
    9·1 answer
  • George received an e-mail that threatened to release his personal financial data unless he paid a fee. That situation is an exam
    11·2 answers
  • Aggregate demand shifts right if a. government purchases increase and shifts left if stock prices rise. b. government purchases
    13·1 answer
  • Why does the mailman deliver his own mail?
    10·1 answer
  • A company has net sales of $763,000 and cost of goods sold of $551,000. Its net income is $20,160. The company's gross margin an
    11·1 answer
  • fuel connector products, inc agrees to sell go-flo, inc. a certain quantity of hose couplings and fittings, but the contract doe
    10·1 answer
  • Under SEC rule 606 of regulation NMS, broker-dealers are required to compile statistical information on routing of customer non-
    10·1 answer
  • Type the correct answer in the box. Spell all words correctly.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!