365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050
Answer:
the difference between the price of a product and what consumers were willing to pay for the product.
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
For example, the highest amount I am willing to pay for a book is $20. The price of the book is $10. My consumer surplus is $20 - $10 = $10
Producer surplus is the difference between the least amount the seller is willing to sell his product and the price of the product.
I hope my answer helps you
<span>You didn't provide examples, but since capital resources are resources made so as to have them make other things, you could say that capital resources are things like machinery for building things, or machinery created in order to create food, or basically anything whose purpose is to make other things. Most basic things that belong to that domain are tools like a hammer or a screwdriver.</span>
Answer: $3; $6
<span>The two firms formed a cartel which means they agree to produce same with the purpose of maintaining prices at a high level and restricting competition.</span> In the case of two firms who agree on producing 6 units but one cheat, this will be the effect:
<span><span>At 6 units each, and a market price of $10, each firm will have a gross sale of $60. If one cheats and produced 7, the market price will fall to $9, resulting to $63 (7*9) and a gain of $3. The noncheating firm will acquire a sale of $54 (6*9) only or a loss of $6. The answer is </span><span>$3; $6.</span></span>
