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Over [174]
3 years ago
12

Fred is willing to pay $5 for his first slice of pizza and $4 for his second slice of pizza. If the price is $3, and Joe buys tw

o slices of pizza, he receives a total consumer surplus of A) $4. B) $2. C) $7. D) $3
Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

D) $3

Explanation:

Consumer Surplus refers to the difference between the actual price paid by a consumer and the price the consumer was willing to pay. Surplus arises in cases wherein the price consumer was willing to pay exceeds the price he actually paid.

In the given case, the consumer was willing to pay a total of $9 i.e ($5 + $4) for 2 units of pizza. He actually ended up paying $6 i.e ($3 × 2 slices).

Thus, his total consumer surplus can be calculated as $9 - $6 = $3  

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Robert owns a $214,000 town house and still has an unpaid mortgage of $150,000. In addition to his mortgage, he has the followin
Ivenika [448]

Answer and Explanation:

The computation of the debt-equity ratio is shown below

Debt - equity ratio = Debt ÷ Equity

= $8,101 ÷ $21,700

= 0.37

As the ratio is lower than 1 so Robert would not reached the upper limit with respect to the debt obligations

Hence, the same is relevant and considered too

4 0
3 years ago
Gaston Corporation issued 100000 shares of $ 0.75 par value common stock. Later that​ year, Gaston purchased 18 comma 000 shares
forsale [732]

Answer:

The issued and​ outstanding shares are 100000 and 83,600.

Explanation:

number of shares issued = 100000

number of shares outstanding = 100000 - 18,000 + 1,600

                                                   = 83,600

Therefore, The issued and​ outstanding shares are 100000 and 83,600.

4 0
3 years ago
so i want to prank my bff her phone number is 7867207978 lol her name is valentina im giving 25 points for anyone who calls her
Gnom [1K]

Answer:

That is mean why would you do that.

Explanation:

Becuase it is fumy

5 0
3 years ago
Read 2 more answers
Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to prov
Luda [366]

Answer:

true              

Explanation:

Junk bonds can be defined as the bonds that require a higher default risk than most corporate and government issued bonds. A bond is indeed a debt or promise to pay interest payments to investors in return for purchasing the bond and the return of the invested principal.

Junk bonds depict debt issued by financially struggling companies with a significant risk to defaulting or failing to pay even their own monthly payments or reimbursing the principal to lenders. Thus, from the above we can conclude that the given statement is true.

3 0
3 years ago
Determine which revision of each the following sentences provides the most clarity.
zhenek [66]

Answer:

d

Explanation:

6 0
3 years ago
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