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Simora [160]
3 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]3 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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Compose thoughtful answers to the following "developmental difficulties." Explain how you would use your understanding of one of
abruzzese [7]

Answer:

(a) Here the child is going through a Sensorimotor stage of cognitive development in Piaget's stages. A child basically becomes more familiar to the people whom they see and interact everyday as compared to the people whom they meet once in a while. That's the reason why they are resistant towards these people and act differently as they don't feel secure with them. It will take him time to become comfortable. To gain child's confidence and trust it is important to treat him with care and love. To ease out the situation for the child and to make child interactive to the aunt, I would make sure that child sees his parents communicating and interacting with the aunt so that he is not afraid of her.

(b) Here child as per the Erikson's theory is in the stage of Autonomy vs. Shame. In this stage, the children feel that to get Parents attention they have to behave in a certain manner. In this case, I would try to ignore her activities and would make her engage in some other activities of her interest like toys, games or videos.

(c) Infant daughter is in the first stage of development i.e Sensorimotor stage. In this stage according to Piaget newborns explore the surrounding through their senses. There is nothing to worry about this, as it is completely normal. In this case what I can do is to avoid unwanted mouth to object interaction of the things that are injurious to her and will try to convey her that these things are not good through bad facial expressions. Also, till the time child is in this age, I will try to keep the home clean and safe as much as I could.

(d) According to Erikson's stages of development, this stage is called Industry vs. Inferiority stage. The child becomes comparatively more confident and skilled in baseball than mathematics. That's why he focuses on the activity in which he is more comfortable and capable.

In this case, I would encourage him to improve his skills. It is important at this to become friendly to the child and let him do the activities which he likes, otherwise, he will mental pressure. I will give him personal tutoring of maths and at the same to develop his interest in the subject, baseball can be used as a reward. In the meanwhile of studies, we can have an interesting conversation about baseball as well.

5 0
3 years ago
. Intellus has long-term debt of $5 million, owners' equity of $7.5 million, current assets of $1 million, gross fixed assets of
stich3 [128]

Answer:

- $0.5 million

Explanation:

The computation of the net working capital is shown below:

We know that

Net working capital = Current assets - current liabilities

where,

Current assets = $1 million

The net fixed assets = Gross fixed assets - Accumulated depreciation

= $20 million - $7 million

= $13 million

Total assets = Current assets + net fixed assets

                    = $1 million  + $13 million

                    = $14 million

And,

Total assets = Total liabilities + owners equity

$14 million = Total liabilities + $7.5 million

So, the total liabilities is

= $14 million - $7.5 million

= $6.5 million

Total liabilities = Current liabilities + long term debt

$6.5 million =  Current liabilities + $5 million

So, Current liabilities is $1.5 million

Now the net working capital equal to

=  $1 million - $1.5 million

= - $0.5 million

7 0
3 years ago
What 3 documents are necessary during home buyer prequalification
joja [24]
I know you need income statements, tax returns, and a credit check.  I just went through this.  First, they run your credit with a "soft pull".  Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for.  Then they want to see your tax returns to prove that income, and how long you've had it.  
3 0
3 years ago
A company's decision to move its operations out of the country will affect its employees, owners, suppliers, distributors, and e
kykrilka [37]

Answer:

The above statement is true .

Explanation:

It is true , when a company take decision to move its operations out of the country it will affect its employees , owners , suppliers , distributors , even its customers .

It is because, when company move out , the employees working in it loss their jobs . They become jobless. The suppliers loss their customer. The distributor also loss their customer. The customer may like the product of the company and if the company moves out then they do not get their product which they like. The owner may also suffer loss,as its possible that the product do not gain popularity anywhere else . The company may loss its share. It also effect the economy , as a good earning company always serves to a country .

6 0
3 years ago
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access th
IgorC [24]

Answer and Explanation:

the journal entry is given below:

Depletion Expense $1,358,500

         To Accumulated Depletion $1,358,500.

(Being depletion expense is recorded)

Here the depletion expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the assets

Working note

Depletion expense is

= ($5,900,000 + $600,000) ÷ $2,000,000 × 418,000

= $1,358,500

8 0
3 years ago
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