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Anon25 [30]
3 years ago
12

ohn has been working as a tutor for $300 a semester. When the university raises the price it pays tutors to $400, Jasmine enters

the market and begins tutoring as well. How much does producer surplus rise as a result of this price increase
Business
1 answer:
nika2105 [10]3 years ago
3 0

Answer:

between $100 and $200

Explanation:

Producer surplus: It is the difference in the amount that a seller or producer is paid in the market for selling its product in the market and cost of producing its product. Producer surplus is shown on the graph above supply curve and below market price. An increase in demand of product can increase the price of product, which also increase the producer surplus.

In the given case, John is a tutor, who can earn surplus by the amount of difference that people is willing to pay him for tutoring and minimum amount that he is going to accept.

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The use of computer technology to provide exposure to feared objects during systematic desensitization is called ____.
Shalnov [3]

The answer to this question is a Virtual reality therapy. A virtual reality therapy is also known as virtual reality immersion therapy or VRIT. Virtual reality therapy is a therapy for patients of PTSD and those who experience stroke which is set to be effective for this case.  A special computer is used in this treatment and a simulation is being experienced by the patients.

6 0
4 years ago
Merchandise with a sales price of $5,000 is sold on account with terms 2/10, n/30. The journal entry to record the sale would in
Savatey [412]

Answer:

Debit to sales discounts for $100

Explanation:

Please see journal entry to record the sales below;

a. Dr accounts receivable $5,00

To sales revenue account $5,000

(Being merchandise that is sold on credit basis)

Suppose payment is made within 10 days, the journal entry will be;

Dr Cash account $4,900

Sales discount account $100

(5,000 × 2%)

To accounts receivable $5,000

(Being cash that is received)

8 0
3 years ago
Anthony bought a new computer that had an after-market solid-state hard-drive installed. He used the computer for several months
RoseWind [281]

Answer:

A. Engage in two-way interaction between the e-business and the user

Explanation:

5 0
3 years ago
Because it is a. neither excludable nor rival in consumption, a tornado siren is a common resource. b. rival in consumption but
astra-53 [7]

Answer:

D, neither excludable nor rival in consumption, a tornado siren is a public good.

Explanation:

A tornado siren is a siren that is used to give emergency warnings to a large population of an impending danger or danger that has passed.

A tornado siren otherwise known as the civil defense siren is of public good and as such is not a rival neither can it be excluded from consumption.

Cheers

8 0
3 years ago
a clothing firm knows that the demand for its swimsuits is inelastic at the present price what action should it take to resolve
Elanso [62]

To resolve a surplus in inventory, usually a company would lower the price to increase demand. In this case, I would imagine the swimsuit firm would offer an end of the season sale to clear out leftover inventory.

4 0
3 years ago
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