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
Aliun [14]
3 years ago
13

Natasha, nelson, and nikolai are all looking to buy flashlights for a camping trip. natasha is willing to pay $4, nelson is will

ing to pay $10, and nikolai is willing to pay $20. if the actual price of a flashlight turns out to be $15, what is the total consumer surplus for these three shoppers?
Business
1 answer:
d1i1m1o1n [39]3 years ago
4 0

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

You might be interested in
I need the answer for this
Nadusha1986 [10]

Answer:

D.)

i invest in stocks

5 0
3 years ago
Sam buys fuel for his construction vehicles from the local distributer. He uses 8,500 gallons a month. The local distributor cha
3241004551 [841]

Answer:

He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.

Explanation:

According to the given data we have the following:

h = handling cost per unit = $ 9

S = Ordering cost per order = $20.5

He uses 8,500 gallons a month, therefore, the annual demand D= 8,500*12 = 102,000 gallons .

Therefore, the optimal ordering quantity would be= [ (2*D*S) / h ]1/2

                                                                                   =681.66 units

He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.

3 0
3 years ago
The president of Digital Equipment Corporation discovered that his company was having a problem with counterproductive product g
Liono4ka [1.6K]

Answer:

A. Location

Explanation:

Location departmentalization or departmentalization of location refers to the categorization of jobs on the basis of geographical location or areas. When local departmentalization is applied, there is a structuring or arranging of jobs based on geographical sites or areas. It is a reasonable arrangement for organizations that manufactures and sells goods in different locations. In this case, to foster cooperation within product groups, they are departmentalize from 12 groups to 3 regional management center based on location departmentalization.

5 0
4 years ago
Brittney's employer matches 25% of her 401(k) contributions up to $1500.
murzikaleks [220]

Answer:

APEX - 1000

Explanation:

6 0
3 years ago
Read 2 more answers
Teams commonly used by companies like​ Toyota, Ford, and​ Cisco, which can coordinate complex projects with individuals from sim
Kitty [74]

Answer: ​Cross-functional

Explanation:

A ​cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and​ Cisco are doing so in this narrative.

4 0
3 years ago
Other questions:
  • As a manager at a manufacturing company, Mary is responsible for activities that are directly connected to the organizational go
    5·1 answer
  • The stock of ABC Corporation has a beta of 1.8 ABC Corporation earned an annual return of 14 percent during a period when the re
    9·1 answer
  • Peking Palace Company reported the following: Standard quantity per unit 3 lbs. Standard price per pound $2.75 Actual pounds use
    13·1 answer
  • Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev
    10·1 answer
  • Sophia is an architect and she is trying to decide whether to hire Jacob, a draftsman, to assist with her work. Sophia could hir
    12·1 answer
  • Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ mi
    7·1 answer
  • What is one financial goal that you have? How do larger economic factors influence your pursuit of this goal?
    13·1 answer
  • A translation adjustment (or translation gain) that is a consequence of translation of a functional currency that is different f
    7·1 answer
  • On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies ove
    10·1 answer
  • Government purchases include government spending on.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!