Ask question

Ask question

All categories

3 years ago

8

As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total

consumer spending falls as long as demand is . true or false: consumer surplus rises if total consumer spending falls.

1 answer:

exis [7]3 years ago

7 0

This is false because consumer surplus declines because of the increase in price and reduction in quantity.

You might be interested in

Barter is the exchange of goods and services for goods and services without the use of money. any exchange, with or without the

murzikaleks [220]

Answer:

c. the exchange of goods and services for goods and services without the use of money

Explanation:

Barter the exchange of goods and services for goods and services without the use of a medium of exchange such as money.

In a barter, money doesn't change hands.

An example of a barter- I want a pair of shoes worth $30. I see someone that has the shoes but wants textbooks worth $30. I have these textbooks. I give him the textbooks and he gives me the shoes.

I hope my answer helps you

8 0

3 years ago

Read 2 more answers

The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of ma

Anna [14]

Answer:

Variable cost per unit= $6.6 per unit

Explanation:

Giving the following information:

January: $2,880 330

February: $3,180 380

March: $3,780 530

April: $4,680 660

May: $3,380 530

June: $5,520 730

To calculate the unitary variable cost, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,520 - 2,880) / (730 - 330)= $6.6 per unit

4 0

3 years ago

What is a credit limit?

Sati [7]

A credit limit<span> is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline).</span>

7 0

3 years ago

Read 2 more answers

A holder of Rainbow Funds convertible bonds with a $1,000 par and a $1,100 price can convert the bond to 25 shares of common sto

omeli [17]

Answer:

22.22%

Explanation:

Currently Rainbow's stocks are priced at $36 per stock.

If the holder can convert his $1,100 bond into 25 stocks, that means that each stock should be worth at least $44 (= $1,100 / 25).

So the current stock price should increase by $8 (= $44 - $36) in order for a trade to be attractive, $8 represents a 22.22% increase (= ($8 / $36) x 100)

7 0

3 years ago

What is the term that defines how recently a customer purchased items?

KatRina [158]

The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.

The RFM model is founded on three quantitative factors which are:

Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases

RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."

6 0

3 years ago