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
zloy xaker [14]
3 years ago
12

How much consumer surplus will she enjoy? Assume that the student will purchase bags up to, but not including, the point at whic

h she incurs a loss of consumer surplus. $ in consumer surplus.
Business
1 answer:
Vanyuwa [196]3 years ago
4 0

Answer:

The student must purchase the number of items in which the price exceeds the ability of the student to pay.

<em>The number of bags he will purchase at the price of $4, is 2, because the willingness to purchase is $4. </em>

The solution is therefore 2 sachets of jelly beans.

Whenever the student eats 2 bags of jelly beans at $4, the consumer surplus is determined as follows;

<em>Consumer Surplus</em>

<em>= ($5-$4) + ($4-$4)</em>

<em>= $1.</em>

You might be interested in
A note payable was issued in payment for services received. The services had a fair value less than the face amount of the note
Leokris [45]

Answer:

The note payable will be presented in the financial statement at the face amount minus a discount calculated at the imputed interest rate.

Explanation:

The imputed rate is the rate at which the present value of the face amount of the note will be equal to the amount at which it is originally recorded.  

Notes issued or received in exchange for goods or services that do not bear interest at a fair rate are reported at an amount equal to the fair value of the note, the fair value of the goods or services, or the present value of the note using a fair interest rate, whichever is more readily determinable.  

The difference between the recorded amount and the face value is considered a discount and the applicable interest rate regardless of which method is used to value the note.

Because of this, the note is reported at its face amount minus a discount calculated at the imputed interest rate.

3 0
3 years ago
When you choose to buy a good or service you make your decision in​ ____________ while the people who produce the good or servic
fiasKO [112]

Answer:

your self-interest; their self interest

Explanation:

When you make a decision to buy a good, you make your choice in your self-interest. There could be different reasons to make such choices. This could be because the good could form part of your basic needs or because the prices are quite low.

When people make a decision to produce the good that you are buying, these people are making their decision in their own self-interest. This could also be to make money.

7 0
3 years ago
Martha is upset at catherine over the dinner bill the night before. martha believes catherine should have split the bill but she
erica [24]
<span>In terms of larcenies, this would be petty theft. Petty theft is defined as the crime of stealing things of low value. Stealing $ 20 is petty theft because $ 20 is considered to be a small amount of money.</span>
3 0
3 years ago
Is paying for health insurance more than your medical expenses?
GREYUIT [131]

Answer:

yes i think

Explanation:

5 0
3 years ago
Read 2 more answers
What is the process of selecting personnel who fit well within the organizational structure and who are competent in their assig
I am Lyosha [343]

Answer:

Human resource management

Explanation:

Human resource management (HRM) process includes the following:

  1. recruiting, selecting, and inducting new employees,
  2. providing orientation, training and development,
  3. appraising the performance of employees,
  4. deciding compensation and providing benefits,
  5. motivating employees,
  6. maintaining proper relations with employees and their trade unions,
  7. ensuring employees safety, welfare and health in compliance with labor laws.
3 0
3 years ago
Other questions:
  • Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk disco
    14·1 answer
  • Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trad
    12·1 answer
  • Jordan performs services for Ryan. Which of the following factors, if any, indicates that Jordan is an independent contractor ra
    13·1 answer
  • The most common occupational frauds in small businesses involve employees doing all of the following EXCEPT______________.a. ski
    5·1 answer
  • Compared to a checking account, the rules governing your
    11·1 answer
  • The three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,
    6·1 answer
  • Whole number less than 20​
    5·1 answer
  • 17. Which of the following is not a true statement
    13·1 answer
  • How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing
    8·1 answer
  • is creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!