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Dovator [93]
3 years ago
15

Producer surplus is equal to

Business
1 answer:
Alina [70]3 years ago
4 0

Answer:

The correct answer is option b.

Explanation:

Producer surplus refers to the difference between the price a producer would be willing to receive for his product and the price he actually gets.  

The difference between total revenue and the total cost is the producer surplus. We can also say that it is the difference between the price per unit and marginal cost. It is the area between the supply curve and the equilibrium price.

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During the month of February, Rubio Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash
Nana76 [90]

Answer:

The begining cash balance = $4100

Explanation:

Given:

Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.

<u>To find out the cash balance at the begining of the month, the following is to be used </u>

Begining Cash balance = Ending cash balance + cash disbursements - cash receipts

Putting the given figures in this we get,

Begining Cash balance = $2600 + $9400 - $7900

                                      = $4100

7 0
3 years ago
The distribution of hourly sales for a local family owned store is normally distributed with a mean of $225 per hour and a stand
adell [148]

Answer:  

The standard deviation of 75 dollars

Explanation:

Standard deviation, S.D.= 75 dollars; Mean, M= 225 dollars; Mean deviation, D= ?

S.D. = √ D² - M

∴ 75 = √ D² - 225

D² = 75² - 225 = 5625 + 225 = 5950

∴ D = √5950 = 24.4 dollars

From the above, it shows that, the standard deviation of 75 dollars contains the middle 95 percent of hourly sales.

6 0
3 years ago
lYour friend says, "I have some extra money, but I'm not sure if I should save or invest it." What key questions would you ask y
JulijaS [17]
I prefer investing money you can save it too
3 0
3 years ago
Match the vocabulary word with the correct definition
VLD [36.1K]

Answer:

:: Selective Exposure - consumers actively choose messages which they want to see

:: Selective Attention -consumers decide how much attention they would like to give to a message

:: Selective Comprehension - consumers interpret information so that it is consistent with their beliefs and

values

:: Motivation- -energizing force which causes action to satisfy a need

:: Attitude - predisposition to respond to a product or brand in a favorable or unfavorable

way

Explanation:

8 0
2 years ago
The first step in the decision-making process is A. evaluating the alternatives. B. evaluating the effectiveness of the chosen a
Roman55 [17]

<u>Answer: </u>Option D

<u>Explanation:</u>

Decision making means the important and timely action that needs to be taken. Decision making has six steps involved in the process the first step is to identify the problem or the decision to be made. In the second step the possible alternatives solutions are listed. Third step is to identify the consequences of the alternatives and ways it affects other peoples.

Fourth step is to consider the values before taking the decision. Fifth step is to make decision and take action accordingly. The final and sixth step is to evaluate the decision made.

7 0
3 years ago
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