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
Arada [10]
3 years ago
8

Anna is willing to spend $500 for the bike she wants. if she finds a bike store where the price of the bike she wants is only $4

00, she will receive ______ in consumer surplus from this transaction.
Business
1 answer:
muminat3 years ago
8 0
The answer is $100. The consumer surplus is $100 because that is the difference between what Anna has set as her ceiling for the purchase of the bicycle, $500, and then subtracted by the amount that she actually does pay, $400, that difference is what is referred to as consumer surplus. What the consumer is mentally committed to paying minus what the consumer actually pays.
You might be interested in
Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next
Brums [2.3K]

Answer:

Wormwood limited

Production plan that will yield the least cost of $49,630 is shown in the attached document.

It entails maxing out the regular capacity from period 1 to 5, and using regular to produce only 140 units in period 6

It further entails using overtime to produce 10 units from period 1 to 5. And subcontracting only in period 4 to cover the demand/production gap.

This will keep inventory of 10 units in period 2, which is carried into period 3 and consumed in period 4.

4 0
3 years ago
Fixed costs ________. Group of answer choices are the sum of the overhead and variable costs for any given level of production r
Sveta_85 [38]

Answer:

are costs that do not vary with production or sales level

Explanation:

Fixed cost can as well be regarded as overhead cost they are expenses in the company that does not depends on the change in the amount of goods and services produced in the company. They are time- related cost such as

salaries, property taxes, interest as well as insurance. It should be noted that fixed costs are costs that do not vary with production or sales level

8 0
3 years ago
Which of the following is true of external recruiting, compared to internal recruiting?
Mkey [24]

Answer:

The answer is E. The process takes longer

Explanation:

External recruitment is the process of announcing vacancies to the people outside ones organization while Internal recruitment is the process of announcing vacancies for the internal staffs only.

The process of external recruitment is usually longer and more expensive than internal recruitment. For example, payment to publish the vacancies in any national newspapers or payment for outsourcing company that specializes in recruitment.

Option A is wrong because external recruitment discourages employee loyalty.

Option B in incorrect because this is so for internal recruitment

8 0
3 years ago
These are the 5 metrics that matters most when analyzing a digital marketing campaign.
brilliants [131]

Answer:

#1 = Web traffic is the amount of data sent and received by visitors to a website. This amount necessarily does not include the traffic generated by bots.

#2 = The three main traffic sources are direct, referral, and search, although your website may also have traffic from campaigns such as banner ads or paid search.

#3 = The time-on-page is simply the time difference between the pageview hit of the next page to the current page. In this scenario, the time-on-page will be “0” seconds since the person did not go to any other page.

#4 = When an employer taxes your bonus using the percentage method, it must identify the bonus as separate from your regular wages. The withholding rate for supplemental wages is 22 percent. That rate will be applied to any supplemental wages like bonuses up to $1 million during the tax year.

#5 = Exit rate as a term used in web site traffic analysis (sometimes confused with bounce rate) is the percentage of visitors to a page on the website from which they exit the website to a different website.

4 0
3 years ago
A company sells two products with information as follows: ​ A B Sales price per unit $12 $22 Variable cost per unit $10 $10The p
Tanya [424]

Answer:

Option (c) : $80,000

Explanation:

As per the data given in the question,

                                         A        B

Sales price                      $12     $22

Less: Variable cost         $10     $10

Contribution per unit      $2      $10

Time required in hours  0.25    0.50

Contribution per hour     $8      $20

Rank                                 2          1

Company should produce only product B to maximize the contribution.

Total contribution = $20 × 4,000

= $80,000

5 0
3 years ago
Other questions:
  • David's gross pay was $450, and his total deductions were $49. What is his net pay?
    12·2 answers
  • If the average job performance rating of the new hires of a firm (PR) is 4.0 on a 5.0 scale, the percentage of new hires reachin
    7·1 answer
  • According to the network model proposed by collins and quillian, common characteristics that different breeds of dogs share (e.g
    5·1 answer
  • Merc Enterprise is an independent distributor that distributes coffee machines and water purifiers to firms on a large scale. In
    11·1 answer
  • Match each item (characteristics, assumptions, principles, and constraint guide the FASB when it creates accounting standards) w
    13·1 answer
  • You have just signed a contract to purchase your dream house. The price is $140,000 and you have applied for a $110,000, 30-year
    6·1 answer
  • Which of the following is an example of investment (I) Group of answer choices a. new plants and equipment purchased by a firm.
    10·1 answer
  • Prior to the financial meltdown, bond ratings agencies were accused of having _____ because they were paid by the organizations
    12·1 answer
  • The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are prese
    7·1 answer
  • Green Corporation's assets are valued at $1,502,000 after payment of all corporate debts, except for $225,300 of taxes payable o
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!