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
slavikrds [6]
3 years ago
6

The generator is a popular youth hostel in london located near kings cross. The hostel provides a bed, showers, and breakfast in

their nightly fee. Suppose the quantity demanded is 0 when the price is $90 per night and 90 when the price is $10 per night. Quantity supplied is 0 when the price is $10 and 100 when the price is $80.
Business
2 answers:
tatyana61 [14]3 years ago
8 0
<h2><u>Answer:</u></h2>

The answer is $2000.

<h3><u>Explanation:</u></h3>

Total surplus = Consumer surplus + Producer surplus

                      = [ 0.5 (50-0) x ( 90 -45)] + [ 0.5(50-0) x (45 - 10)]

                      = [ 0.5 x 50 x 45] + [ 0.5 x 50 x 35]

                      = 1125 + 875

Total Surplus = $2000.

seropon [69]3 years ago
5 0

Answer:

The answer is $2000.

Explanation:

Total surplus = Consumer surplus + Producer surplus

                      = [ 0.5 (50-0) x ( 90 -45)] + [ 0.5(50-0) x (45 - 10)]

                      = [ 0.5 x 50 x 45] + [ 0.5 x 50 x 35]

                      = 1125 + 875

Total Surplus = $2000.

You might be interested in
According to a summary of the payroll of Sinclair Company, $505,000 was subject to the 6.0% social security tax and $545,000 was
Musya8 [376]

Answer:

Explanation:

1. The computation is shown below:

State unemployment = $10,000 × 4.2% = $420

Federal unemployment = $10,000 × 0.8% = $80

2. The journal entry is shown below:

Payroll tax expense A/c Dr $38,975

        To Social security tax A/c $30,300    ($505,000 × 6.0%)

        To Medicate tax A/c $8,175    ($545,000 × 1.5%)

        To  State Unemployment tax payable A/c $420

       To  Federal Unemployment tax payable A/c $80

(Being the payroll tax expense is recorded)

8 0
3 years ago
________ can adopt one of two competitive strategies: they can challenge the leader or they can play along with competitors and
Tcecarenko [31]
I need more evidence or is this just it

6 0
3 years ago
When the sales department needs to hire more staff, the corporate skills inventory system was used to determine if any current e
sergejj [24]

Answer: Internal recruiting

Explanation:

Internal recruiting is when an organization fills its vacancies from its existing workforce.

In this case, rather than looking for applicants to the position outside the company, the company fills the available position with some of its staff. On the other hand, external recruitment is when the position is filled by outsiders.

3 0
3 years ago
Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m
natka813 [3]

Answer:

b. Zone of service

Explanation:

The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.

4 0
3 years ago
Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Co
Rudiy27

Answer:

d. credit to the investment account for $9,000

Explanation:

Inequity method investor reports his proportionated share as an invesment in the balance sheet and any profit / loss will also be recorded in this account.

Zach company initialy recorded the share in Investment account and subsequest loss will also be adjusted in the this account with a credit entry because of debit nature of Investment account.

Loss Share = $20,000 x 45% = $9,000

4 0
3 years ago
Other questions:
  • During its first year of operations, Silverman Company paid $14,000 for direct materials and $19,000 for production workers' wag
    11·1 answer
  • What do the arrows on the eagle mean?
    7·1 answer
  • Sara owns 160 acres of farmland worth $800,000. She inherited the land from her father 30 years ago when it was worth $200,000.
    11·1 answer
  • It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a
    13·1 answer
  • During your research, you also come across a Web site that lists many health benefits of vegetarian eating and provides a list o
    10·2 answers
  • The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze
    13·1 answer
  • Which of the following will not help a firm speed up the timing of when it can obtain the use of funds from checks written to it
    5·1 answer
  • Tim’s credit card has an APR of 24 percent. What is the periodic rate for this credit card?
    10·1 answer
  • Personal finances-- multiple choice!
    10·2 answers
  • What is jute sacks ?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!