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Tanzania [10]
3 years ago
11

For each of the scenarios, calculate the surplus and indicate if it is a producer surplus or a consumer surplus. Alice is willin

g to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. She selects and purchases a $35 pair of jeans which cost $35 pre-discount.
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
8 0

Answer:

Producer surplus.

Explanation:

Producer surplus is the difference between the price of a product they're willing to sell and the price they're gonna actually received. In this case she is willing to spend $30 + $10 coupon and she buys $35 pair of jeans.

So, she's only paying $30, that means seller is receiving $5 less.

Therefore, producer surplus is $5.

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Answer:

True

Explanation:

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3 years ago
You purchased stock for $18,000 ten years ago. Now the stock is worth $25,000. What was your annual rate of return?
Paraphin [41]

Answer:

3.3%

Explanation:

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DATA

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Present value = $18,000

Time = 10 years

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6 0
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"The rigidity of rules and regulations " is the appropriate response.

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