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
navik [9.2K]
3 years ago
14

If the average price that cable subscribers are willing to pay for cable television is $208, but the actual price they pay is $8

1, how much is consumer surplus per subscriber?
Business
1 answer:
Maksim231197 [3]3 years ago
6 0

Answer:

  • <u><em>$127</em></u>

Explanation:

The consumer  surplus per consumer is the difference between the average price the consumers are willing to pay for a product, given the utility of the product, and the they are paying.

Since they are paying $81 and they are willing to pay $208, the average surplus per consumer is:

  • $208 - $81 = $127.

The surplus ot the consumer is a monetary measure of how much a purchase benefits the consumer.

You might be interested in
TopKnotch Mfg. Co. has a production cost of $280. It sells its product to a wholesaler for $400. The wholesaler then sells the i
melisa1 [442]

Answer: A. What is the retailer’s markup percentage on selling price?

Explanation:

8 0
2 years ago
n 2016, Joshua gave $14,000 worth of Microsoft stock to his son. In 2017, the Microsoft shares were worth $23,000. What was the
ElenaW [278]

Answer:

$0

Explanation:

There is a provision that if the tax received on the money with respect to the valuation of the property is more than the $14,000 the same is to be taxable

Since there is $14,000 worth so no tax collection could be made on the gift amount

If the gift amount exceeds $14,000 the same is to be taxable

So the gift tax in 2016 would be $0

8 0
4 years ago
A financial advisor cold calling lead a prospect mentions that he manages his own portfolio and hasn't used an advisor in the pa
svetoff [14.1K]

The financial advisor who just found out that the prospect manages his own portfolio should Ask if there’s a reason he hasn’t used an advisor in the past.

<h3>What should a financial advisor do?</h3>

The financial advisor should start by finding out if there is a reason why the prospect has never had a financial advisor.

This will help him decide how to proceed in terms of offering the prospect their services.

Find out more on financial advisors at brainly.com/question/22718634.

5 0
2 years ago
Ormand Company uses variable costing for internal decision-making purposes and has the following information for June: Sales $90
Slav-nsk [51]

Answer:

The manufacturing margin is $460000

Explanation:

Margin is the difference between a company revenue (sales) and the cost of manufacturing. Manufacturing margin is the profit a manufacturer gets from sales of goods or services. Fixed manufacturing costs, variable selling and administrative expenses and Fixed selling and administrative expenses are not used when calculating the manufacturing margin.

Manufacturing margin = Sales - Variable costs of goods sold = $900000 - $440000 = $460000

The manufacturing margin is $460000

3 0
4 years ago
Berry Good LLC registers its trademark with the U.S. Patent and Trademark office and uses it to market a distinctive line of ice
artcher [175]

Answer:

b. Creamy Inc.

Explanation:

From the question we are informed about Berry Good LLC which registers its trademark with the U.S. Patent and Trademark office and uses it to market a distinctive line of ice cream products. Creamy Inc. uses the mark without Berry's consent to sell imitation frozen desserts. Berry has a cause of action against Creamy Inc. What happen here was a Trademark infringement on Creamy Inc part. Infringement can be regarded as violation of exclusive rights that is associated with someone trademark. This as a result of not taken authorization from the owner of the Trade mark who has the licensees

7 0
3 years ago
Other questions:
  • What term represents the worldwide movement toward economic, financial, trade, and communications integration?
    5·2 answers
  • 5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the
    13·1 answer
  • 1. One government policy for dealing with a natural monopoly is to:
    11·1 answer
  • ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa
    5·1 answer
  • Rimary marketing research is more expensive than secondary market research
    5·1 answer
  • According to the text, a survey discloses that 31 percent of the respondents preferred the client's brand, while 30.8 percent pr
    5·1 answer
  • How to write address if you live in apartment?
    12·2 answers
  • What products do you think will increase in demand because of the 2020 election?
    6·1 answer
  • What is the fundamental accounting equation?
    5·1 answer
  • The final phase of the systems development life cycle is systems ________. Select one: a. implementation b. maintenance c. opera
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!