The seller surplus was $10 from this transaction. The discrepancy between the price paid and a good's marginal value is known as the seller surplus.
Seller surplus plus consumer surplus represents the sum of the economic benefits to each market participant from participating in the production and trade of the good at a price. The producer surplus is equal to the entire revenue from sales of a producer's goods minus the marginal cost of production.
Market price that is higher than the lowest price that producers would normally be willing to pay for their goods results in a seller surplus. Only variable (marginal) costs are deducted from seller surplus.
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<span>Bluetooth and services such as Spotify and Pandora will continue to move drivers and passengers in vehicles away from terrestrial and satellite radio. While older demographics will continue to support sirius for a time, ultimately the ability to play music on-demand will drive down the profitability of satellite radio.</span>
Answer:
$6,278
Explanation:
The discount of issuance of bond will be amortized until period of maturity while Total interest expense on a discounted bond is the addition of amortization of the discount amount and coupon payment.
Therefore;
Coupon payment = $73,000 × 8%
= $5,840
Discount on the bond = $73,000 - $70,810
= $2,190
Discount amortized per year = $2,190/5
= $438
Total interest expense = Coupon payment + Amortization of discount
= $5,840 + $438
= $6,278
Answer:
=2983.25
Explanation:
In calculating the inventory on raw materials you will have to Add together the original value of raw materials, the works in progress if any and finished goods to get starting total inventory.
The solution to the question can be calculated like this:
EOQ=
EOQ=268.328
EOQ+SAFETY STOCK=268.328+30
=298.325
VALUE=298.325*10
=2983.25
