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Orlov [11]
3 years ago
10

Vonda and Aleiyah are shopping together at the mall for new jeans. Vonda is willing to pay $90 and Aleiyah is willing to pay $50

for a pair of jeans. What is the gain in total consumer surplus when the price decreases from $59 to $40?
Business
1 answer:
emmasim [6.3K]3 years ago
8 0

Answer:

Total consumer surplus is $60

Explanation:

The consumer surplus is the gap between the maximum price that the consumer is willing to pay and the price the consumer actually pay.

In this case,

Vonda is willing to pay $90 and he actually pay $40

Consumer Surplus is $50

Aleiyah is willing to pay $50 ​ and he actually pay $40

Consumer Surplus is $10

To get Total consumer surplus,  we must add all

Total consumer surplus=$50+$10=$60

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Answer:

Hi

It meant a political situation among the states in which none of them achieved a power superior to the others. It is an idea of the late Middle Ages, applied to major or minor geographic regions that comprise the plurality of sovereign territories. Throughout Europe there is a legitimate feeling, always subject to interpretation, whereby any action required the confirmation of the rest of the States, the most significant case being the invasion of a territory. In this way the doctrine of just war was reached, to the problem of to what extent and to what extent the actual or imminent engraving of a State could mean a warlike justification. Transactions between contestants, neutral or rival, never ended, hence the relevance of diplomacy, as the concepts of balance, neutrality, freedom of Europe or sovereignty are interpreted continuously, while being used in conversations. Some thought of equilibrium as a natural system, because it was a consequence of international relations, and when a great power had too much force it threatened the others, and therefore, had to counteract the disproportion. Others considered it a desired goal for which he had fought.

In the rest of the world this balance of powers is characterized by the profusion of dictatorial or authoritarian regimes that have dominated the political scene and that have influenced the future of their peoples. A second point is the emergence of serious and bloody war conflicts, by territorial issues, which is not explained very well both in its unleashing and in its results, as consequences of the mere quantification of the powers faced. In all these, both in its gestation and its consequences, the role it plays in the character, personal ambitions and strategic conceptions of the leaders or rulers who govern the destinies of the countries involved appears with particular relevance.

Explanation:

7 0
3 years ago
The concept of target market as it pertains to marketing is defined as: Group of answer choices Dividing a market into groups ba
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Answer:

The correct option is option D, that is A set of buyers sharing the common needs or characteristics that the company decides to serve.

Explanation:

The concept of target market is termed as the group of potential customers to whom a company wants to sell its products and services. This group also includes specific customers to whom a company directs its marketing efforts.

Thus

Option A is not correct as it is not the market target, it is the process of market segmentations.

Option B is not correct as it is a the market coverage strategy which targets several segments of the market.

Option C is not correct as it is a method of effective marketing.

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3 years ago
Frantic Fast Foods had earnings after taxes of $1,070,000 in 20X1 with 311,000 shares outstanding. On January 1, 20X2, the firm
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Answer:

X1 EPS =  $ 3.44 per share

X2 EPS = $ 3.88 per share

Explanation:

EPS = \frac{income}{shares}

X1: Earning per share

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X2: net income calcualtions

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X2 shares outstanding:

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3 years ago
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What is a trade off?
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a balance achieved between two desirable but incompatible features; a compromise.

4 0
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