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mario62 [17]
3 years ago
14

Omega, Inc. sells its fitness wrist band for $100. It cost the company $62 to make the product. While Tom values the Omega wrist

band at $122, his friend Dan values it at $105. The value placed by Tom and Dan are what economists would call:___________
A. producer's surplus.
B. each customer's reservation price.
C. each customer's value price.
D. the efficiency frontier.
E. competitive advantage.
Business
2 answers:
dangina [55]3 years ago
7 0

Answer:

B. each customer's reservation price.

Explanation:

Reservation price is the highest amount a buyer would be willing to pay for a good or service.

I hope my answer helps you

Aneli [31]3 years ago
6 0

Answer:

B

Explanation:

The value placed by Tom and Dan are called customer's reservation price.

For a seller , customer reservation price is defined as the minimum amount he is willing to sell an item while for a buyer , it is the maximum amount he is willing to pay in exchange for a good.

In other words , it is the least favorable negotiation that one would accept in the course of business transaction.

It is used to mitigate loss, determine and maintain profit for the purpose of business continuity

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A client has been given atropine to cause mydriasis and cycloplegia. What is the expected outcome for this client?
Nady [450]

Answer:

dilation of the pupil and loss of accommodation

Explanation:

Mydriasis is the dilation of the pupil of the eye. The dilation causes vision to be blurry.

Cycloplegia on the other hand is the loss of accommodation of the pupil and it is caused by the paralysis of the cilliary muscle of the eye. This paralysis causes the eyes to lose its ability to focus on things nearby.

Looking at this two conditions from the administration of atropine, the expected outcome of the client is blurry vision and inability to focus or see things close by(farsightedness).

I hope this helps.

5 0
3 years ago
The property of water that produces water's surface tension is called ______, which is the tendency of water molecules to stick
fgiga [73]

The property of water that produces water's surface tension is called <u>cohesion</u>, which is the tendency of water molecules to stick together.

More about surface tension:

The force per unit length that must be supplied parallel to the surface in order to balance the net inward pull is known as the surface's "tension."

All nearby molecules in a liquid share the cohesive forces that hold them together. Because they don't have any above-surface neighbours, molecules on the surface exert stronger attractive forces on their closest neighbours below and on the surface.

Due to the cohesive structure of the water molecules, surface tension can be described as the characteristic of a liquid's surface that permits it to resist an external force.

Learn more about surface tension here:

brainly.com/question/11348644

#SPJ4

4 0
1 year ago
Arena, Inc. uses the direct method to prepare its statement merchandise inventory of cash flows. Use the following information r
Svet_ta [14]

Answer:

D. $184,400

Explanation:

Please see attachment

7 0
3 years ago
The main focus of the marketing concept is: a) Selling as many goods as possible b) Maximising revenue c) Meeting the needs and
Elena-2011 [213]

Answer:

C. Meeting the needs and wants of customers.

Explanation:

An organization should be able to produce products that will meet the need of the customers compare to what competitors can offer.

Before a company can produce anything, it must first of all check the need of the customers. After checking and knowing the needs, the company can then proceed to produce goods that meet and satisfy those customers need.

Although, the main reason why companies engage in business is to make profit,marketing concept helps firms to sell their products because it is an important means to achieving sales and profit.

5 0
3 years ago
The following information was drawn from the annual reports of two companies.
Semenov [28]

Answer:

The answer is D.

Explanation:

Gross profit or margin is the profit a business generate after deducting cost of sales from its sales or revenue.

Gross profit or margin percentage is expressed as gross profit/sales(revenue) x 100

In the question, gross profit for company A is $400 and sales is $1000

Therefore, gross profit percentage is 400/1000 x 100

=40%

5 0
3 years ago
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