He should price them by taking 90 percent and dividing by .32
Consumer surplus drops when a good's price rises while keeping everything else constant.
<h3>What is consumer surplus ?</h3>
Consumer surplus is a financial estimate of the benefits that consumers receive from market competition. When customers pay less for a good or service than they would be willing to, this is known as consumer surplus.It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.
In order to quantify the social advantages of public goods like national highways, canals, and bridges, the idea of consumer surplus was created in 1844. It has been a crucial tool for welfare economics research and government tax policy development.
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Decentralization organization? I think that is the answer.
Answer:
specialty store
Explanation:
Based on the scenario being described within the question it can be said that for this you would most likely choose a specialty store. This refers to a retail business that focuses on very unique and specific product categories, in which everything revolves around that category. This category may be unique but offer a wide variety of product offering within it.
Answer:
Income Statement is attached in the pictures.
Explanation:
