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serg [7]
3 years ago
9

Calculate Producer Surplus if Reservation Price=20, Price=8, & Quantity=10.

Business
1 answer:
Pavel [41]3 years ago
4 0

C. 60  
Explanation: 
Producer's Surplus means the value producer derives from selling goods. For example, if producer is willing to sell the product for a price 8 but consumers are willing to pay a higher price, let's say 20, then producer achieves a surplus of 12 per unit. Let's calculate the producer's surplus -   
As per question, Reservation Price (RP) =20, Price (P) =8, & Quantity (Q) =10  
The formula for Producer Surplus (PS) is as follow: 
 PS = 1/2 (RP - P) x Q 
= 1/2 (20-8) x 10 = 60
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6 0
1 year ago
Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3
Gennadij [26K]

Answer:

E) $2,400

Explanation:

optimal order quantity = sqrt{(2*D*S)/H}

                                     = sqrt{(2*36,000*$80)/$4}

                                     = $1,200

number of orders per year = $36,000/$1,200

                                             = $30

total ordering cost = $30*$80

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Therefore, The total ordering cost of inventory is $2,400.

3 0
2 years ago
Duerr Company makes a $79,000, 30-day, 12% cash loan to Ryan Co. The note and interest to be collected at maturity is:
anzhelika [568]

Answer:

The maturity value is "$79790".

Explanation:

The given values are:

Principal

= $79,000

Time

= 30/360

Rate

= 12%

The interest on the cash loan to Ryan and Co will be:

= 79000\times 12 \ percent\times \frac{30}{360}

= 790 ($)

Maturity value

= Principal\times (1+rate\times time)

= 79000\times (1+(12 \ percent\times \frac{30}{360} )

= 79000\times 1.0100

= 79790

5 0
3 years ago
Bob is a stay-at-home father of two toddlers during the day while his wife is at work. Now, Bob would like to work at least part
dolphi86 [110]
B. Work/life balance so he can spend time with his children
6 0
3 years ago
Moraine, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue cu
Lorico [155]

Answer:

7.20%

Explanation:

In this question, we are to calculate the required return.

From the question we identify the following;

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required return = ?

Share price = $91

Mathematically;

share price = Dividend/Rate of return

Hence;

Rate of return = Dividend/share price = 6.55/91

Rate of return = 0.071978021978022

= 7.20%

8 0
3 years ago
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