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dlinn [17]
4 years ago
5

Assume Fiona is willing to pay $8 for a pizza cutter. Tim also wants one, but is only willing to pay $6 for one. At a pizza bake

r's convention, Fiona buys the last pizza cutter at the market price just before Tim can buy it. Tim contacts the convention organizers and complains about missing out on the last pizza cutter. The organizers refund Fiona for the pizza cutter and allow Tim to buy it at the market price. What happens as a result of the organizers refund
Business
1 answer:
Delicious77 [7]4 years ago
7 0

Answer

The question is incomplete; assuming that the market price is $5.

The answer will be consumer surplus decreases.

Explanation:

Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good  and the price they actually pay.      

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Many people are entrepreneurs. My dad actually is, but anyway...

Entrepreneurs are people who own a company or business. They are not working for another company but working for themselves.

Many citizens don't feel confident in entrepreneurship and many don't know where to start. 

Some people prefer following orders instead of making them.
Or even some don't prefer hard work. 
Just to point out, entrepreneurship is very hard, not all are successful.

I hope this helped!
5 0
3 years ago
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abruzzese [7]
The answer is D. $251,700
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3 years ago
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Bighorn sheep are beautiful wild animals found throughout the western United States. Let x be the age of a bighorn sheep (in yea
sladkih [1.3K]

Answer:

Answer for the question:

Bighorn sheep are beautiful wild animals found throughout the western United States. Let x be the age of a bighorn sheep (in years), and let y be the mortality rate (percent that die) for this age group. For example, x = 1, y = 14 means that 14% of the bighorn sheep between 1 and 2 years old died. A random sample of Arizona bighorn sheep gave the following information:x 1 2 3 4 5y 14 18.9 14.4 19.6 20.0 (a) Draw a scatter diagram. (3 points)(b) Find the equation of the least-squares line, and plot the line on the scatter diagram of part (a). (3 points)(c) Find the correlation coefficient r. Find the coefficient of determination . What percentage of variation in y is explained by the variation in x and the least squares model? (4 points)

is given in the attachment.

Explanation:

5 0
3 years ago
Determine whether or not the Populist Movement was a success. Explain your reasoning.
Yanka [14]

The Populist Movement was a <u>total success</u>.

<h3>What was the Populist Movement?</h3>

The Populist Movement was an agrarian-based movement that championed the cause of the people versus the elite.

Based on what they were initially able to achieve, the Populist Movement was successful to a large extent as it created the opportunity to end the oppression of farmers and other agrarian workers, contributing to democratic norms.

Thus, the Populist Movement was a <u>total success</u>.

Learn more about the populist movement at brainly.com/question/1619680 and brainly.com/question/14560942

4 0
2 years ago
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While most of Savvy Inc.'s competitors were moving toward developing and emerging markets, Savvy Inc. decided to keep its operat
Delicious77 [7]

Answer:

The correct answer is: the A option -- time compression diseconomies.

Explanation:

When we talk about time compression diseconomies we refer to the additional costs the company incurred by seeking to quickly reach a given level of an asset stock. That is, when an action increases, rather than decreases, cost and efficiency accumulated more economically over a longer period of time

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