Answer and Explanation:
A consumer surplus is the gain a consumer makes by paying less than he is willing to pay for a product. Example if a consumer is willing to pay $300 for a mobile phone but pay $200 for the phone, the consumer surplus is $100
Given that the demand function is P=60-Q
And price is 30
Therefore consumer surplus is, substitute 30 in p
30=60-Q
30-60=-Q
-30=-Q
Q=-30/-1
Q=30
Therefore consumer surplus = 30
The answer is entertaining
Answer:
restitution.
Explanation:
In contract law, restitution refers to a party forfeiting monetary gains that they obtained illegally from the other party involved in the contract. Restitution is very commonly used in contract law since it is meant to restore an injured party due to damages suffered from another parties unlawful performance. Ideally, when restitution is applied, the injured party should return to their original position.
In this case, Excavate n' Fill must return the $10,000 that Fred gave them as advanced payment. The restitution of the $10,000 should restore Fred's original position.
Option D
Employers can't fire an entire union because of the difficulty of replacing every worker best explains reason for unions give workers more power in contract negotiations
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Explanation:</u></h3>
One of the numerous significant advantages of getting collectively with your co-workers to create a union is obtaining the accuracy and protection of a union contract. A union contract is a printed contract among the employer and the employees that describes the phases and advantages in a sinless and legally-binding way.
The ability to be capable to recommend policy reforms or raise problems with a company as a whole preferably of just practicing them alone to a manager. A contract is not deemed to be in force till the membership has voted to approve it.
If the investment turnover is 1.20 for one of its investment centers, the return on investment must be: 39.72%.
Using this formula
Return on investment = Profit margin ×Investment turnover
Where:
Profit margin=33.1% or 0.331
Investment turnover=1.20
Let plug in the formula
Return on investment = 0.331×1.20
Return on investment = 0.3972×100
Return on investment = 39.72%
Inconclusion If the investment turnover is 1.20 for one of its investment centers, the return on investment must be: 39.72%
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