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Anastaziya [24]
3 years ago
7

There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one cu

stomer is willing to pay $1, a second is willing to pay $2, a third is willing to pay $3, and so on. an unlimited number of concert tickets are on sale for $15 each. what is the total consumer surplus in this market
Business
1 answer:
babymother [125]3 years ago
6 0
<span>100 customers each valuing a ticket for a consecutive dollar amount between $1 and $100 would lead to a total available customer value of $5050. If there are 100 tickets available at $15, the market value of the tickets is $1500. People valuing the tickets at less than $15 will reduce the surplus by $62.50, and people valuing the tickets at more than $15 will increase the surplus by $3675. Therefore the total consumer surplus in this market is $3,612.50.</span>
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sasho [114]
The answer is B. Blueprints for a house. Hope it help
6 0
3 years ago
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Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
mario62 [17]

Answer:

We can say the rate is close enought to 14%

Explanation:

tthe IRR will be the rate at wich the NPV is zero

The cash flow are an annuity of 4,120 for 6 years

NPV = present value of cash flow - investment

 0    =  PV of annuity - investment

 0  = PV of annuity - 16,000

PV = 16,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C    4120

time  6

rate       IRR

4120 \times \frac{1-(1+IRR)^{-6} }{IRR} = 16,000\\

We divide the PV by the annuity to get the annuity factor

16,000 / 4,120 = 3,88349

We can look into the annuity table for a factor at time = 6 close to this figure

we have

14% factor of 3.889

15% factor of 3.784

We can say the rate is close enought to 14%

8 0
4 years ago
Corporate governance structure a.varies a great deal across countries. b.has become homogenized following the integration of cap
Free_Kalibri [48]

Answer:

a.varies a great deal across countries.

Explanation:

  • Corporate governance is a mixture of the rules and laws by which the business operates and is regulated and controlled this term involves the external and the external factors that impact the compactors stakeholders, customers, shareholders, and the management.
  • However the structure differs form nations to nations on the basis for the roles played by the governments and that includes the monitoring the actions, policies, and the decisions of the corporations.
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3 0
3 years ago
A 30-year zero coupon bond with a face value of $5,000 is currently selling for $1,156.88 and has a market rate of interest of 5
daser333 [38]

Answer:

Price will increase by $277.58

Explanation:

Market rate of Interest of a zero coupon bond can be determined by following formula

Market Rate of Interest = [ ( F / P )^(1/30) ] - 1

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0.0425 + 1 = ( $5000 / P )^1/30

( 1.0425 )^30 = (( $5000 / P )^1/30)^30

3.4856 = $5000 / P

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Now Calculate the change in Price

Change in price = $1,434.46 - $1,156.88 = $277.58

Price will increase by $277.58

5 0
4 years ago
What methods is used to determine whether a property is enumerable?
lana [24]

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We must use the Object. defineProperty() method to create a non-enumerable property. This is a special method for creating objects with non-enumerable properties.

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brainly.com/question/13068603

#SPJ4

5 0
1 year ago
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