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Viktor [21]
2 years ago
10

The minimum acceptable price for a product that producer Sam is willing to receive is $15. The price he could get for the produc

t in the market is $18. How much is Sam’s producer surplus? rev: 05_10_2018 Multiple Choice $3 $33 $45 $270
Business
1 answer:
nordsb [41]2 years ago
5 0

Answer:

$3

Explanation:

Producer surplus is the difference between the minimum acceptable price a producer is willing to receive for his product and the price he sells the product.

Producer surplus = $18 - $15 = $3

I hope my answer helps you

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Answer:

The cash budget is the appropriate answer

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When the budgeted direct materials as well as the required  budgeted labor hours are ascertained, the step needs to be taken further in order to know how the costs budgeted fit into overall cash situation of the business.

The suppliers of direct materials would have given the company the maximum number of days that expect cash , in order to meet up with such deadline the company must plan ahead by incorporating the values of such purchases into cash flow projections, the same also applies to cost of direct labor.

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AlexFokin [52]

Answer:

differential analysis:

                         No further process      Process further         Differential

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Sales revenue            $410,000                $1,213,400             $803,400

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6 0
3 years ago
Ford's decision to completely redesign its ford taurus can be classified as a
KatRina [158]
It's a business level strategy. This is to take <span>actions to provide value to customers and gain a competitive advantage.

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7 0
3 years ago
When using a grid analysis to weigh your options, how can bias be introduced?
Nookie1986 [14]

Answer:

Grid analysis is a brilliant chance to consolidate conceptualizing to consider the significance of different variables that affect a determination choice. The choice of another provider can be a laborious procedure, and the significance of the choice is inarguable.

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Thompson Company incurred research and development costs of $100,000 and legal fees of $30,000 to acquire a patent. The patent h
wariber [46]

Answer:

b. 3,000

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