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lozanna [386]
3 years ago
11

When you are willing to pay $5 for a hamburger but you pay $4 for it, your consumer surplus for the hamburger is:?

Business
1 answer:
natulia [17]3 years ago
8 0
<span>$1. A "consumer surplus" is the difference between what a customer is WILLING to pay and what they ACTUALLY pay. You are willing to pay $5 on a hamburger, but you only spend $4. There is a difference between what you would've paid and what you did pay -- meaning, the difference between five dollars and four dollars. 5 minus 4 is 1. The consumer surplus is one dollar.</span>
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which of the following home purchasing considerations would probably affect older home buyers the least
juin [17]
I'm guessing it is B because it doesn't have enough information. My reasoning is because: Just because you are buying a house doesn't mean you have kids or will have kids, and if you don't elementary school wouldn't be a factor you will consider

hope this helps
4 0
3 years ago
On October 1, Eder Fabrication borrowed $60 million and issued a nine-month promissory note. Interest was payable at maturity. I
7nadin3 [17]

Answer:

cash        55,110,929 debit

   note payable      55,110,929 credit

--to record singing of promissory note with discounted interest--

interest expense 1.583.741,77 debit

   note payable              1.583.741,77 credit

--to record accrued interest on note payable --

Explanation:

the note plus interest will be for 60 millions.

So to calcualte the isuance ofthe note we must calculate the present value of a lump sum at 12% discount rate:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  60,000,000.00

time   0.75

rate  0.12

\frac{60000000}{(1 + 0.12)^{0.75} } = PV  

PV   55,110,929.18

then at December 31th we solve for the accrued interest:

Principal \: (1+ r)^{time} = Amount

Principal 55,110,929.18

time 0.25 (3 months over 12 month a year)

rate 0.12000

55110929.18154 \: (1+ 0.12)^{0.25} = Amount

Amount 56,694,670.95

accrued interest: 56,694,670.95 - 55,110,929.18 = 1.583.741,77

8 0
3 years ago
Apple is considering increasing the amount of money it spends on product development.
xenn [34]

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7 0
2 years ago
A(n) ____ might be represented with a single-valued attribute. Group of answer choices person’s phone number(s) person's driver'
kolezko [41]

Answer:

person's driver's license number

Explanation:

A single valued attribute means that a person or a thing can only have a single value for that attribute, for example, you can have only one social security number since having more than one is illegal.

Following the same logic, you could only have one driver's license number, since you can only have one license.

But you can have more than one cellphone, you can also have more than one car, and finally you may have attended more than one college.

4 0
3 years ago
Albert decided that it was time to invest his money. he was quite excited and told his friends about his new financial venture.
NemiM [27]
Financial venture. even his wife was supportive. albert liked a number of riskier company
8 0
3 years ago
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