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
andrew-mc [135]
3 years ago
9

Mountain river adventures offers whitewater rafting trips down the colorado river. it costs the firm $100 for the first raft tri

p per day, $120 for the second, $140 for the third, and $160 for the fourth. if the market price for a raft trip was $120 but has now increased to $150, the gain in producer surplus is equal to:
Business
1 answer:
Natalka [10]3 years ago
4 0
Add the first four numbers than u will need to know what increased means it means u either add or subtract $150 and than u find your answer
You might be interested in
The term ____________________ refers to a market exchange that affects a third party who is outside or external to the exchange.
Flauer [41]

Answer: B. spillover

Explanation:

A Spillover is used to refer to the effects of an Externality which is what happens when a market exchange leads to effects on a third party that was not party to a transaction between the contracting parties.

The activities that result from the transaction spillover to the third party and can be either negative or positive. A negative spillover would be countries in Africa getting harsher global warming effects due to companies in china polluting the atmosphere.

5 0
3 years ago
While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has
marysya [2.9K]

Answer:

(B). 50 cents

Explanation:

<u>Marginal cost</u><u> is the cost incurred by producing or purchasing one more unit of an item.</u>

If Jordan buys two tacos and a medium drink, it will cost him $2 and 50 cents or 250 cents (80 + 80 + 90).

However, if he opts for the value meal of three tacos and a medium drink, that costs $3 (300 cents), then he would be purchasing one additional taco at a marginal cost of 50 cent.

Marginal cost of additional unit of taco = 300 cents - 250 cents = 50 cents.

4 0
3 years ago
At the beginning of 2018, Midway Hardware has an inventory of $310,000. Because sales growth was strong during 2018, the owner w
nalin [4]

Answer:

$1,625,000

Explanation:

For computing the purchase amount first we have to determine the cost of goods sold which is shown below;

As we know that

Cost of goods sold = Sales revenue - gross profit

                               = $2,100,000 - $2,100,000 × 25%

                               = $2,100,000 - $525,000

                               = $1,575,000

Now the purchase amount is

Cost of goods sold = Beginning inventory + purchase - ending inventory

$1,575,000 = $310,000 + purchase - $360,000

So, the purchase amount is $1,625,000

4 0
2 years ago
Corporation M has $40,000 of current earnings and profits and $10,000 of accumulated earnings and profit. During the year Corpor
zzz [600]

Answer:

$40,000

Explanation:

Calculation to determine What amount of capital gain income will N recognize related to this distribution

Using this formula

N Capital gain income=N stock basis- M distribution

Let plug in the formula

N Capital gain income=$100,000-$60,000

N Capital gain income=$40,000

Therefore The amount of capital gain income that N will recognize related to this distribution is $40,000

6 0
3 years ago
Which of the following are necessary for production to take place?
zubka84 [21]
The answer i your question is B I believe
8 0
3 years ago
Other questions:
  • (q.d) have you been an appointee or employee of any regulator at any point over the past two years?
    9·1 answer
  • Jake receives a promotion at his law firm after winning an important case. this is an example of a:
    12·1 answer
  • Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 68,500 jet skis. Finished goods inventor
    10·1 answer
  • What factors are important to consider when planning to fund your education? Select all that apply A) how much debt you are will
    5·1 answer
  • You have been managing a $3 million portfolio. The portfolio has a beta of 1.10 and a required rate of return of 10%. The curren
    11·1 answer
  • Tiger, Inc., a calendar year S corporation, is owned equally by four shareholders: Ann, Becky, Chris, and David. Tiger owns inve
    12·1 answer
  • What element of a Crisis Management Plan defines the process that should unfold once an issue or crisis is identified? Hint: it
    5·1 answer
  • You speculate in crude oil futures. Last month, you purchased ten January futures contracts at a quoted price of 99.91. These co
    15·2 answers
  • Last year, you purchased a $1,000 par value bond with a 7.5% annual coupon and a 20-year maturity. At the time of the purchase,
    9·1 answer
  • If the amount of beachfront land in Malibu supplied to the market remains the same even when the price of beachfront land in Mal
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!