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Ilya [14]
3 years ago
11

Mad Hatter Publishing specializes in genre fiction for young adults. A popular mystery author has just completed the final book

in a trilogy. Currently, production at Mad Hatter Publishing is at point R. To which point or points is production likely to shift?
Q or R
Q or T
T or V
V or Q

Business
1 answer:
podryga [215]3 years ago
7 0
<span>A publishing house, Mad Hatter, specializes in genre fiction for young adults. A popular mystery trilogy have just been finished by its renowned author. With this, the production of the publishing house which is currently at point R will be be shifted towards point T or V because of the additional copies that they are to published. </span>
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Answer: The misappropriation theory

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An apparel manufacturing plant has estimated the variable cost to be $21 per unit. Fixed costs are $1M per year. Forty percent o
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Identify whether each statement in the following table best illustrates the concept of consumers’ surplus, producers’ surplus, o
Blizzard [7]

Answer:

1. Neither ; 2. Consumer Surplus ; 3. Producer Surplus

Explanation:

Consumer Surplus is the difference between a good's price paid by consumer, & maximum price the consumer is willing to pay for the good.

Producer Surplus is the difference between a good's price received by a seller, & minimum price at which the seller is willing to sell the good.

1. Willing to pay $209 for watch, buyer willing to sell at $196, no trade as price ceiling at $190 : It illustrates neither concept as transaction has not actually occurred, so no price established.

2. Willing to pay $39 for sweater, purchased it for $32 : It illustrates 'Consumer Surplus' case = $7 , as it shows difference between maximum willingness to pay by buyer ($39) & the actual buy price ($32)

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5 0
3 years ago
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Aloiza [94]

Answer:

True.

Explanation:

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