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Simora [160]
4 years ago
9

On a shopping​ trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa

s​ $79.95. When she brought the coat to the​ store's sales​ clerk, Melanie was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag. After the discount was​ applied, Melanie paid​ $63.96, $15.99 less than the original price. The value of​ Melanie's consumer surplus from this purchase isA $79.95 since this is the price she is willing to pay B. at least $15.99 since this is the difference between the price Melanie is willing to pay for the cont and the actual price she pays, but she could have be willing to pay more than $79.95 for the coatC. exactly $15.99 since this is the difference between the maximum price Melanie is willing to pay for the cost and the actual price she pays. D. $63.96 since this is the actual price she pays.
Business
1 answer:
Mekhanik [1.2K]4 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

Melanie decided to buy a coat at a price of $79.95.  

When she brought the coat to the​ store's sales​ clerk, Melanie was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag.

She got a discount worth $15.99.

The consumer surplus, in this case, will be at least $15.99.

This is because the consumer surplus is the difference between the price the consumer is willing to pay for a good and the price he/she actually pays.  

Melanie paid $15.99 less than the price but she may have been willing to pay more than the initial price. So the consumer surplus will be at least $15.99.

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6 0
3 years ago
Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax
oee [108]

Answer:

    Date                     General Ledger                   Dr.          Cr.

1.   September 30     Cash                                 $6,300

                                  Sales Tax Payable                           $300

                                  Sales                                                 $6,000

2.  September 30     Cost of Goods Sold        $3,900

                                  Merchandise Inventory                    $3,900

3.  October 15           Sales Tax Payable          $300

                                  Cash                                                  $300

Explanation:

Sales Tax is subject to the price of merchandise. Sales tax is collected by the business on the taxable supplies on the behalf of government and paid to the government.

Sales tax amount = 6,000 x 5% = $300

Cost of Merchandise is recorded as cost of goods sold and deducted from the merchandise inventory.

6 0
3 years ago
Wat's 9+10? is it 21? i heard 21. Answer something and i'll vote brainliest
lubasha [3.4K]

The answer is NOT 21, it's 19.  

9+10=19

4 0
3 years ago
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Degger [83]
E-commerce. 

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6 0
4 years ago
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vazorg [7]

Answer:

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Explanation:

Government regulates both society and business.

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Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.

I hope my answer helps you.

5 0
3 years ago
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