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
natima [27]
3 years ago
14

If the price of a product increases rev: 05_10_2018 Multiple Choice total revenue will definitely increase. consumer surplus wil

l increase. consumer surplus will decrease. total revenue will definitely decrease.

Business
1 answer:
Gekata [30.6K]3 years ago
6 0

Answer:

consumer surplus will decrease.

Explanation:

Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.

On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.

For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30

Initial consumer surplus= 50- 30= $20

Assume bmarket price increase to $40

The new consumer surplus is= 50- 40

Present consumer surplus= $10

So a price increase causes a decrease in the consumer surplus.

You might be interested in
WEEEEEEEEE IM GIVING OUT POINTS
ziro4ka [17]

Answer:

sweet

Explanation:

5 0
3 years ago
Read 2 more answers
What was the four-firm concentration ratio in the u.s. soda market in 2009?
Igoryamba
<span>the four-firm concentration ratio in the u.s. soda market in 2009 are as follows Coca cola -42.7% Pepsi - 30.8% Dr.pepper snapple group - 15.3 % Royal crown - 2.1 % From the above data we can clearly find that Coke has an uphill battle—they have huge amounts of marketing muscle, financial resources.Against Coke and Pepsi, guerrilla warfare is the only thing that might work.</span>
8 0
3 years ago
In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the
g100num [7]

Answer:

63 games are played.

In the bracket at each stage of the game you have 2 choices.

so total 2^63 ways are there to fill out the bracket.

2^63 = 9,223,372,036,854,775,808 which is approx. 9.2 Quintillion.

Number of people in USA= 317,431,148.

So all possible outcomes of bracket filling to be represented, each person should fill out following number of brackets.

9,223,372,036,854,775,808

= -------------------------------------- = 29,056,291,718.6

317,431,148

which is approximately 29,056,291,719 brackets per person.

Explanation:

6 0
3 years ago
When the economy is producing the level of output equal to natural Real GDP, the unemployment rate is equal to :A. zero. B. the
VLD [36.1K]

Answer:

B. the natural unemployment rate.

Explanation:

When the level of output is equal to natural real GDP, it indicates that the country has reach a very optimal level of production has efficiently utilize all resources that it has in its disposal. These 'Resources' include both human , capital, and natural resources.

Natural employment rate is the amount of employment rate that occurs after a country has fully utilize its resources.  Like mentioned above,  This situation will arise when the level of  of output equal to natural Real GDP

Since there is little to no human resources left unused which make natural unemployment rate basically equal to the total employment rate that exist in that country.

7 0
3 years ago
By themselves, ________ do not measure the financial performance of an ad campaign. But they are useful for evaluating many of t
Genrish500 [490]

Answer:

Click through rate

Explanation:

Click-through rate (CTR) are used to measure many of the decisions that go into a campaign, such as keyword selection and ad copy because the numbers of users who click on the advert link to the number of all total users who has either view the page of the advertisement and It is used to measure the success of an online advertising campaign for a website as well as how effective email campaigns are, by measuring or evaluating the numbers of people who actually saw the advert and click on the link of the advert that is why click through rate do not measure the performance of an advert campaign but rather useful to evaluate many of the decisions that go into a campaign.

Therefore the higher the click-through rate of an advert the more successful the advert has been in generating interest.

7 0
3 years ago
Other questions:
  • A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the n
    7·1 answer
  • Assume that you live in a simple economy in which only three goods are produced and​ traded: cashews,​ pecans, and almonds. supp
    13·1 answer
  • A bottling plant fills 2,400 bottles every two hours. The lead time is 20 minutes and a container accommodates 80 bottles. The s
    8·1 answer
  • Anderson Enterprises, an advertising firm, planned to make its communication process more effective and interviewed employees to
    10·1 answer
  • If a company uses $1,300 of its cash to purchase supplies, the effect on the accounting equation would be:
    11·1 answer
  • Joann wants to save for her daughter's education. Tuition costs $10,000 per year in today's dollars. Her daughter was born today
    8·1 answer
  • Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”
    13·1 answer
  • Matching Question Match the following activities to their effect on the general ledger accounts. Allocate indirect labor Allocat
    9·1 answer
  • Which of the following is NOT counted in the unemployment rate?
    9·2 answers
  • Which of the following factors, all else being equal, will increase the net present value of cash? 1) increase in reclamation 2)
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!