1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ExtremeBDS [4]
3 years ago
11

Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1

.50 for thesecond bottle, Ryan is willing to pay $1.25 for the third bottle, andHolly is willing to pay $0.75 for the fourth bottle. What is the totalconsumer surplus from the consumption of soda?
a. $6.50
b. $5.50
c. $2.75
d. $1.75
Business
1 answer:
gayaneshka [121]3 years ago
4 0

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

You might be interested in
Assessments of the currency of diversity plan
NikAS [45]

The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.

It is one that seek to recognizes its role inside of  a diverse community, and it is one that handles diversity in a meaningful and vital way.

<h3>What is in a diversity plan?</h3>

A diversity plan is known to be a kind of an actionable plan that tells more about one's business and how one can go about then.

It is one that  is made up of people from a lot of backgrounds. It is a said to be a kind of a commitment by the company to make an environment that is fair.

Hence, The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.

Learn more about diversity plan from

brainly.com/question/7170490

#SPJ1

8 0
1 year ago
As indicated in the chapter, return on investment (ROI) is well entrenched in business practice. However, its use can have negat
Juliette [100K]

Answer:

ROI = net profit / total investment

1. What is the current return on investment (ROI) being realized by your division

  • ROI = $625,000 / $4,150,000 =  15.06%

2. What would happen to the near-term ROI of your division after adding the effect of the new investment?

  • ROI = ($625,000 + $50,000) / ($4,150,000 + $550,000) =  14.36%

If you carry out the new project the ROI of your division will decrease.

3. As manager of this division, given your incentive compensation plan, would you be motivated to make the new investment?

  • Even though the new project's return (9.1%) is considered acceptable by upper management, you will probably reject it since it will decrease your division's total ROI. When managers are assigned bonuses based on certain achievements, reducing your profitability ratio will probably result in no bonus.
6 0
3 years ago
I'maSolarPanelCo. manufactures and distributes solar panels in the US market. Two years ago, it had 5 US competitors, but govern
Harlamova29_29 [7]

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

5 0
3 years ago
The city of Animaltown plans to build a new bridge across the river separating the two halves of the city for use by its residen
goldenfox [79]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
3 years ago
Jose and Juanita are buying their first home. They want a low interest rate on loans, and they want to deal with someone local a
Sedbober [7]

Answer:

savings and loan association

8 0
3 years ago
Other questions:
  • The Waltham System
    14·1 answer
  • Suppose the economy is initially at potential output and the quantity of aggregate output supplied increases. What information w
    8·1 answer
  • A useful economic model a. deals only with possibilities that actually occurred. b. will avoid conclusions that have public poli
    14·1 answer
  • Ebdino, a company that manufactures tires, observes that the sales of its traditional tires have declined drastically and that t
    5·1 answer
  • Ralph Waters operates a watch repair business in Mesa, Arizona. He orders most of his parts from out-of-state suppliers. He orde
    8·1 answer
  • What if the United States Supreme Court had not issued the prior opinion and California courts also had not decided that those c
    10·1 answer
  • Apple hosts a large number of forums, which become customers' primary source of product information after warranties expire and
    7·1 answer
  • 5. What is the best way to put together a business plan?
    14·2 answers
  • At its date of incorporation, Sauder, Inc. issued 100,000 shares of its $10 par common stock at $11 per share. During the curren
    5·1 answer
  • How do ethics and law govern how businesses conduct themselves ?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!