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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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WITCHER [35]

Answer:

The answer is D, hope this helped!

Explanation:

The answer is D because its a realistic thing to have bills and sometimes you have to take risks or youll have nothing. <3

3 0
3 years ago
When producers receive a subsidy, sellers receive a:
Vesnalui [34]

Answer:

b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one.

Explanation:

A subsidy is a governments intervention in the form of cash or tax cuts. The government offers subsidies to producers to motivate them to produce more or to lower their cost of production.  As a result,  there will be more products in the market or goods will be cheaper.

Equilibrium price refers to the price determined by the forces of supply and demand. It is the intersection of the demand and supply curve. It is the price that buyers are willing to pay for a certain quantity of a product; all other factors held constant.

Should a producer receive a subsidy, It will lower his cost of production. The producer's output will cost less.  He can afford to offer sellers a lower price as a result of the subsidy.  The traders will be able to sell the products in the market at a low price compared to a situation with no subsidy.

7 0
3 years ago
At what value should the land be recorded in clementine repair service records?
adell [148]

Answer: $369,500

Explanation:

The Cost concept of accounting calls for the recording of Assets at their cost.

Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.

The seller countered with $369,500 and Clementine accepted this.

This means that Clementine bought the land for $369,500 which makes it the cost price.

They should therefore record it at $369,500.

6 0
3 years ago
E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first di
Aloiza [94]

The value of current stock price is equal to $57.93

<u>Explanation:</u>

Given dividend = $20 per year

The calculation of current stock price is as follows:

The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250

Current stock price ( present value ) = \mathrm{FV} /(1+\mathrm{r})^{\wedge} \mathrm{n}

=\$ 250 /(1+0.08) \wedge 19

After calculating, we get, 57.92801

Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).

7 0
3 years ago
Josh is a security technician who’s been tasked with implementing PKI on the company’s network. When verifying the validity of t
qaws [65]

To ensure bandwidth isn’t being consumed to ensure bandwidth isn’t being consumed has to use an application container .

<u> Explanation:</u>

Application container separates applications from the host operating system. Virtual environments are allowed to run application in application container. Software-defined networking (SDN), will not complete the task on the other hand.

Running applications on separate virtual LANs (VLANs) is of no use when it comes to the host operating system and notifying on updated versions can also not accomplish the task.

Application container is an all-in-one or stand-alone package for software application. They include application binaries, software dependencies and the hardware requirements that are required to run, all enclosed into an independent, self-contained unit.

8 0
3 years ago
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