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
Inessa05 [86]
3 years ago
6

Monique buys a new television for​ $795. she receives consumer surplus of​ $355 from the purchase. how much does monique value h

er​ television?
Business
1 answer:
iragen [17]3 years ago
6 0
The value of the television for Monique is the same as the amount that Moniques is willing to pay for the television. We calculate this amount from the definition of consumer surplus. This term is a measure of consumer benefit. It is equal to the difference of the amount that the consumer is willing to pay for a certain good or service and the amount that the consumer really paid or the real price of the product or service. From this definition, we can calculate the value of the television for Monique.

Consumer surplus = value for monique - value paid
$ 355= Value for Monique - $ 795
Value of the television for Monique = $ 1150
You might be interested in
This occurs when one party repeatedly holds out for a better deal.
Debora [2.8K]
A breakdown in bargaining happens when one party repeatedly holds our for a better deal. In this cases, private solutions to this kind of externalities is deemed necessary. Though bargaining is quite common among transactions made by economists, it cannot be helped that there are certain problems that arise from this.
8 0
4 years ago
Stock R has a beta of 2.5, Stock S has a beta of 0.55, the required return on an average stock is 13%, and the risk-free rate of
avanturin [10]

Answer:

19.50%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock R

= 3% + 2.5 × (13% - 3%)

= 3% + 2.5 × 10%

= 3% + 25%

= 28.00%

For Stock S

= 3% + 0.55 × (13% - 3%)

= 3% + 0.55 × 10%

= 3% + 5.5%

= 8.50%

The difference would be

= 28% - 8.5%

= 19.50%

3 0
4 years ago
Oregon Manufacturing Co. purchased a 10-ton draw press at a cost of $171,000 with terms of 3/15, n/45. Payment was made within t
lubasha [3.4K]

Answer:

4200

Explanation:

3 0
3 years ago
BRZ Shoes targets the youth market with vibrant, visually appealing ads in modern styles. BRZ ads appeal to the ________ dimensi
Fantom [35]

Answer:

The correct answer is sensory.

Explanation:

Sensory marketing is widely used and also highly recommended for those companies that want to be exclusive, original and convey a different and positive customer experience. Its objective is that the client leaves satisfied and with a good memory that is not easily erased from his memory.

As human beings we are endowed with five senses, six if as some do we have intuition. Next we will see how marketing plays with us through our senses:

7 0
3 years ago
____ competitors are those that compete in the same product class, but their products have different features, benefits, and pri
Lina20 [59]
<span>b. brand.......................</span>
4 0
3 years ago
Other questions:
  • Suppose the herfindahl indexes for industries a, b, and c are 7,200, 5,000, and 1,500, respectively. these data imply multiple c
    15·1 answer
  • !!!!
    9·1 answer
  • Falcon, inc., paid salaries of $500,000 to its employees during its first year of operations. at the end of the year, falcon had
    14·1 answer
  • Mark and Barry own the Warehouse Liquor Store in town. They are careful to pay all of their taxes in full and on time. Recently
    10·1 answer
  • A machine costs $1,000 and has a 3-year life. the estimated salvage value at the end of three years is $100. the project is expe
    12·1 answer
  • The deeds and actions of a producer indicate what kind of authority?
    8·1 answer
  • Why do we have elections when the president could just pass it on to another person?
    13·1 answer
  • Suppose a stock had an initial price of $92 per share, paid a dividend of $2.30 per share during the year, and had an ending sha
    10·1 answer
  • When looking to finance higher education, what is the best order to look for funding sources
    12·1 answer
  • In a tcs project that involves tcp ip customer ip and or partner/vendor ip, it is important for the tcs project team to comply w
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!