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xxMikexx [17]
3 years ago
6

Miranda and Jason are in the tutoring business. Miranda is willing to tutor as long as she gets $20, while Jason will not tutor

unless he gets $35. If the most that someone would pay for tutoring is $30, how much producer surplus is earned?a) Miranda = $10; Jason = -$5b) Miranda = $20; Jason = -$5c) Miranda = $10; Jason = $0d) Miranda = $20; Jason =$0
Business
1 answer:
erica [24]3 years ago
8 0

Answer:

C

Explanation:

Producer's surplus is the gain a producer gain by selling at market price instead of selling at the smallest price the producer was willing to sell.

Miranda was willing to tutor at $ 20 but the market price of  tutoring was $ 30 therefore her producer surplus = 30 - 20 = $ 10 while for Jason the price he was willing to tutor was more than the market price and therefore he therefore has $ 0 producer surplus.

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goldfiish [28.3K]

The factor that would shift demand is the reduction in the price of laptops.

The equilibrium price  and quantity would decrease.

<h3>What is the result of the policy?</h3>

When the price of laptops are reduced, the quantity demand for laptops would increase while the demand for computers would fall. This is because computers and laptops are substitute goods.

As a result of a fall in the demand for computers, the demand curve would shift to the left. Equilibrium price and quantity would fall.

Please find attached the required diagram. To learn more about the demand curve, please check: brainly.com/question/25140811

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3 0
2 years ago
Davita Spencer is a manager at Half Dome Asset Management. She can generate an alpha of 2% a year up to $100 million. After that
Dmitriy789 [7]

Answer:

a.  Zero

b. $200 million

c. $2 million

Explanation:

a. The investor invest regular in portfolio with the positive alpha until the portfolio size has driven alpha to zero.

 

b. Davita return 2% of $100 million = $2 million

1% fee \times X million total under management.

Than, X = $200 million

c. $200 million \times 1% fee given = $2 million

6 0
3 years ago
A vintner is deciding when to release a vintage of Sauvignon Blanc. If it is bottled and released now, the wine will be worth $2
ziro4ka [17]

Answer:

$269,158.88

Explanation:

The computation is shown below:

Before the difference of the amount, first we have to determine the value of the wine after one year which is shown below:

= $2,400,000 + $2,400,000 × 10%

= $2,400,000 + $240,000

= $2,640,000

And, the interest rate is 7%

Plus the additional cost is $360,000

So, the value of the wine now is

= ($2,640,000 - $360,000) ÷ (1 + 0.07)

= $2,130,841.12

So, the difference is

= $2,400,000 - $2,130,841.12

= $269,158.88

3 0
3 years ago
The following information pertains to property contributed by Gray on July 1, 2015, for 40% interest in the capital and profits
kotegsom [21]

Answer:

The amount of gain that was reportable in Gary's 201 return on the contribution of property to the partnership is:

a. $0

Explanation:

We need to determine the amount of gain the Gray will receive from the transaction.

Use the Fair market value to determine the value of his contribution

Value of Gray's contribution=$30,000

Total Kag and Gray contribution=$150,000

Determine the value of Gray's property interest as shown;

V=T×I

where;

V=Gray's share of Capital interest

T=total partnership capital

I=interest

This can also be written as;

Value of Capital interest=total capital×interest

where;

V=unknown

T=$150,000

I=40%=40/100=0.4

replacing;

V=0.4×150,000=$60,000

Gray's share of capital interest=$60,000

Gray's share of capital interest($60,000)>Fair market value ($30,000)

It has to be noted that the non-recognition rule applies in this case even if the partnership capital interest exceeds the fair market value of the contributed property.

So the amount of gain that was reportable in Gary's 201 return on the contribution of property to the partnership is $0

7 0
3 years ago
What are three types of advertising?
erik [133]

Answer:

D pon

Explanation:

yung tv, radio, and print

6 0
2 years ago
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