1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Troyanec [42]
3 years ago
8

Austin and Erin are willing to pay $10 and $9, respectively, for a ticket to a screening of a new movie. What is the total consu

mer surplus for both Austin and Erin if the market price of a ticket is $6?
A) $4
B) $7
C) $9
D) $19
Business
1 answer:
Rina8888 [55]3 years ago
8 0

Answer:

B) $7

Explanation:

The computation of the consumer surplus is shown below:

Consumer surplus = Willing to pay - Market price

For Austin, The consumer surplus = $10 - $6 = $4

For Erin, The consumer surplus = $9 - $6 = $3

So, the total consumer surplus = $4 + $3 = $7

Simply we deduct the market price from the willing to pay so that the consumer surplus can be computed

You might be interested in
Michael's Yoga Studio have been entering bills for their purchases as they come in. They pay multiple bills once a week. They us
Tasya [4]

Answer: They could either use the Income and expenditure  or purchases  journal too.

Explanation:  Because its a Yoga Studio,  lots of expenses will be made  and appropriate postings are to be entered on time.

4 0
4 years ago
Read 2 more answers
L.
Maksim231197 [3]

The approach is best demonstrated by Free Enterprise

Let understand that Free Enterprise is a system where there are full freedom for individuals and businesses. This system brings economic growth because its encourages entrepreneurs to start new businesses and take risks.

A laissez-faire economy system, notable a theory developed by the French creates the philosophy of giving businesses more autonomy from government rules and regulations

  • This economy system makes its easier for companies to take risks and invest in the economy.

Learn more about laissez-faire

<em>brainly.com/question/18499612</em>

3 0
3 years ago
When looking to finance higher education, what is the best order to look for funding sources? AGrants/Scholarships - Federal Stu
tatyana61 [14]
The answer should be A, as grants and scholarships are easier to attain
7 0
3 years ago
what is the level of interdependence among departments (finance, marketing) in a business school? what kinds of coordination mec
bearhunter [10]

Following are the three levels of interconnectedness that affect organizational structure:

<h3>What is the Parsons Thompson model?</h3>

The three layers or levels of the Parson and Thompson model describe what occurs in the enterprise and how a process or activity serves a particular goal.

Here is a summary of Thompson's levels of interdependence:

  • In order to create a team where each member contributes to the total, there are three types of interdependence that can be used.

In a business school, the degree of connection between the departments of finance and marketing is:

  • Structure of Reciprocal Interdependence.

There are various coordination techniques that might be applied to manage the interdependence, including:

  • complete cooperation
  • extensive preparation
  • Mutual apprehension

We must demonstrate the many layers of interconnectedness and how they might be applied in diverse systems, such as a business school's finance or marketing department, in order to answer the issue.

To learn more about Thompson model refer to

brainly.com/question/26895062

#SPJ4

5 0
1 year ago
A two-year bond with par value $1,000 making annual coupon payments of $99 is priced at $1,000.
iVinArrow [24]

Answer:

(a) 9.9%

(b)  10.09%

The further explanation is given below.

Explanation:

The given values are:

Coupon payment

=  $99

Price

=  $1,000

(a)

The Yield to maturity (YTM) will be:

= \frac{C+\frac{F-P}{n} }{\frac{F+P}{2} }

where,

C = Coupon payment

P = Price

n = years to maturity

F = Face value

On putting the estimated values is the above formula, we get

⇒  99+\frac{0}{1000}

⇒  .099

⇒  9.9%

(b)

Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.  

= [99\times (1 + r)] + 1,099

Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:

Rate (r)             Total proceeds         Realized YTM ((\frac{proceeds}{1000} )^{.5} - 1)

7.9%                      1205.8                                   9.8%

9.9%                             1207.8                                   9.9%

11.9%                      1209.8                                  9.99%

Now,

Overall proceeds realized YTM:

= \frac{proceeds}{1000} -18 \ percent \ 1,\frac{2081208}{1000} - 1

= 0.0991

= 9.91 \ percent \ 10 \ percent \ 1,\frac{2101210}{1000}- 1

= 0.1000

= 10.00 \ percent \ 12 \ percent \ 1,\frac{2121212}{1000}-1

= 0.1009

= 10.09%

6 0
4 years ago
Other questions:
  • On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials
    12·1 answer
  • The appropriate cost accounting system to use when inventory items are produced on an assembly line is
    5·1 answer
  • Describe two financial goals that you would want to meet before you begin investing. Explain why you would want to reach those g
    7·1 answer
  • why do you think many people are in jobs that are not satisfying? do organization help people craft satisfying and motivating jo
    14·1 answer
  • The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upc
    12·1 answer
  • The FDA recommends the use of three risk designations when evaluating operations. Which designation is for actions and procedure
    13·1 answer
  • Waddell Company had the following balances in its accounting records as of December 31, 2018
    9·1 answer
  • Which of the following statements are true? Multiple select question. Raw materials inventory only includes the cost of direct m
    15·1 answer
  • Exquisite Prints is an up-and-coming photography company. To date, producing good photography is the priority of the company - n
    6·1 answer
  • Can som on pls help me ​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!