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
Blababa [14]
3 years ago
14

Expand academic a sap, the publication field indicates

Business
1 answer:
miskamm [114]3 years ago
3 0
Do you have answer options?
You might be interested in
Consumer surplus is A. the difference between the highest price a consumer is willing to pay and marginal benefit. B. the differ
belka [17]

Answer:

The correct answer is C. the difference between the highest price a consumer is willing to pay and the price the consumer actually pays.

Explanation:

Consumer surplus arises from the law of diminishing returns. This means that the first unit to acquire we value it highly but as we acquire additional units our valuation falls. However, the price we pay for any unit is always the same: the market price. In this way, we enjoy a positive surplus of the first units we acquire until we reach the last one in which the surplus will be zero.

In graphic terms, consumer surplus is measured as the area below the market demand curve and above the price line. The demand curve measures the amount consumers are willing to pay for each unit consumed. Then, the total area below the demand curve reflects the total utility of consumption of the good or service. If the price we pay for each unit is subtracted from this area, the consumer surplus is obtained.

8 0
3 years ago
A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office bu
guajiro [1.7K]

Answer:

$651,300

Explanation:

Cost of an item of property, plant and equipment comprises of purchase price and any cost directly attributable to bringing the asset to the location and condition for operation as intended by management.

<u>Calculation of the cost of  purchase of the land:</u>

Purchase price                            $ 620,000

Demolition of the old building      $ 23,000

Land preparation and leveling       $ 8,300

Cost of  purchase of the land       $651,300

3 0
3 years ago
On January 2, 2014, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished an
9966 [12]

Answer:

the expenditures are missing, so I looked for a similar question:

  • 1/2/2014 $400,000
  • 7/1/2014 $1,200,000
  • 12/31/2014 $1,200,000
  • 3/31/2015 $1,200,000
  • 9/30/2015 $800,000

Weighted average expenditures for 2014:

January 1 = $400,000 x 1 = $400,000

July 1 = $1,200,000 x 1/6 = $600,000

December 31 = $1,200,000 x 0 = $0

total = $1,000,000

Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000

7 0
3 years ago
Teams commonly used by companies like​ Toyota, Ford, and​ Cisco, which can coordinate complex projects with individuals from sim
Kitty [74]

Answer: ​Cross-functional

Explanation:

A ​cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and​ Cisco are doing so in this narrative.

4 0
3 years ago
John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

6 0
3 years ago
Other questions:
  • On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,874. Cash receipts yet to be de
    7·1 answer
  • Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a usefu
    11·1 answer
  • A(n) ________ is a brand that is developed by a national brand vendor, often in conjunction with a retailer, and is sold exclusi
    15·1 answer
  • Find the present worth in year 0 of $60,000 in year 3 and amounts increasing by 15% per year through year 10 at an interest rate
    12·1 answer
  • You are a sales director for a company and have noticed employees are showing up towork dressed inappropriately. customers have
    10·1 answer
  • Holding all else constant, an increase in preferences by Mexicans for U.S. goods will ______ the demand for dollars in the forei
    12·1 answer
  • A type of manager that supports first line managers is known as
    13·1 answer
  • A ZERO COUPON BOND IS SOLD FOR 550 DOLLARS AND MATURES IN 35 YEARS WHAT IS THE YTM
    7·1 answer
  • The primary cost associated with the level production strategy is the cost ofA.holding inventory.B.hiring and firing workers.C.o
    8·1 answer
  • An interesting development that happened in late 2008, relating to the fed and bank reserves, was that the fed?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!