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
andriy [413]
3 years ago
13

Nicki paid $900 for a camera that she thought was worth $1100 for all the features included in it. for the consumer electronics

firm selling the camera, however, the cost of producing the camera was only $350. what is the consumer surplus in this scenario?
Business
1 answer:
FinnZ [79.3K]3 years ago
7 0

Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service

In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200

You might be interested in
Beverly works at a specialty kitchen store. The manufacturer of a brand of gourmet mustard that is sold through her store pays h
Leto [7]

Answer: A spiff

Explanation:

Spiff is actually a form of slang to refer to someone who receives an incentive for selling an item to customers on behalf of a vendor. This motivates the seller to push the vendor's items (sell them) onto its (seller's) customers. The incentive usually comes in the form of a bonus and is paid out immediately.

In this question the gourmet mustard manufacturer is the vendor, and Beverly is the seller. Beverly receives $1 for every jar of mustard she sells, which is the bonus. This motivates her to keep selling these jars on behalf of the manufacturer (vendor). This payment is immediate, as she receives it everytime she sells a jar of mustard.

5 0
2 years ago
The job outlook for physical therapists
dusya [7]

The job outlook for physical therapists B. depends on the economy. Jobs in general depend on the economy and the needs of those within it. If there is a high need for physical therapists, then the will improve or remain stable over time. If the economy starts to decline, there may be a lesser need or opportunity for physical therapists (and other professions) to find work.

8 0
2 years ago
Read 2 more answers
Assume that the company that John and Tina work for wants to give the $50 million to the political campaigns. Which of the follo
sdas [7]

Answer:

The correct answer is (d)

Explanation:

The first amendment has given political parties the right to speak and do political campaigns, and it had restricted government to stop them. Overall, the first amendment right is protecting political speeches and political campaigns. So, yes the first amendment right has demoted all the limits which restricted political parties to get funds from corporations.

4 0
2 years ago
Nominal GDP, Exports, and Imports
yKpoI14uk [10]

Answer:

a.

Net Exports 2015  are  - $471.4 billion.

b.

Net Exports 2016 are  - $552.1 billion.

Explanation:

The net exports for a country is the difference between the value of exports and the value of imports of a country over a certain period of time. The amount of net exports can be wither positive or negative depending upon the value of exports being in excess of the value of imports or not. The formula for net exports is,

Net Exports = Value of Exports - Value of Imports

a.

Net Exports for 2015 = 2344  -  2815.4

Net Exports for 2015 =   - $471.4 billion

b.

Net Exports for 2016 = 2372.7  -  2924.8

Net Exports for 2016 =  - $552.1 billion

6 0
3 years ago
A recent study conducted by the state government attempts to determine whether the voting public supports a further increase in
wolverine [178]
Fthbnjg crcyvycyctxrxexexezeze
8 0
3 years ago
Other questions:
  • Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and $1 par value common. The following transaction
    5·1 answer
  • The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain emp
    6·1 answer
  • g Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
    8·1 answer
  • C&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of the
    14·1 answer
  • Alex is at the hardware store comparing different types of piping for a repair in his home kitchen. He can choose between copper
    6·2 answers
  • The required sales in units to achieve a target net income is:___________ (sales target net income)
    13·1 answer
  • Schrute Farm Sales buys portable generators for and sells them for He pays a sales commission of​ 5% of sales revenue to his sal
    11·1 answer
  • Tom buys a shirt for $22.00 plus 7% sales tax. His cousin buys a shirt for $18.00 plus 4% sales tax.How much do Tom and his cous
    15·1 answer
  • 1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactio
    6·1 answer
  • A Chicago-based company decides to outsource all product designs to Singapore because it has been found to have the most efficie
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!