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
MaRussiya [10]
3 years ago
8

Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are $20 and 30 thousand units. What i

s the value of consumer surplus?$300 thousand
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

COMPLETE QUESTION:

Demand Supply

P = 50 - QD P = 10 + 1/3 QS

QD = 50 - P QS = 3P - 30

Refer to Table 4-6.ȱȱ

The equations above describe the demand and supply for Aunt Maudȇs

Premium Hand Lotion.ȱȱ

The equilibrium price and quantity for Aunt Maudȇs lotion are $20 and

30 thousand units.ȱȱ

What is the value of consumer surplus?

Answer: $450,000

Explanation:

P = 50 - QD P = 10 + 1/3 QS

QD = 50 - P QS = 3P - 30

Using the above equation,

Consumer surplus = $450,000

You might be interested in
A company that has never previously issued securities registered with the Securities and Exchange Commission, can register in a
tatiyna

Answer:

C. II and III

Explanation:

These are the options for the question

I Filing

II Coordination

III Qualification

A. I only

B. II only

C. II and III

D. I, II, III

The Securities and Exchange Commission (SEC) can be regarded as an oversight agency of U.S. government, which responsible for regulation of securities markets as well as protection of investors. civil actions can be taken by SEC against lawbreakers, they aworks hand in hand along with Justice Department on criminal cases. For a company to register under them , there must be Coordination and Qualification. It should be noted that company that has never previously issued securities registered with the Securities and Exchange Commission, can register in a State by Coordination and Qualification

5 0
3 years ago
Why might a company that sells advanced lighting systems include a technical specialist on its sales teams?done
erik [133]
I think the answer is C
7 0
2 years ago
Identify a mechanism that allows employees to report wrongdoing and to create further mechanisms for follow-up and enforcement.
adelina 88 [10]

Answer:

Ethics Hotlines

Explanation:

There are various ways in which employees can report bad behaviour at workplace, Ethics hotline is one such mechanism. It is used by most of the countries in US. It is a phone line that an employee can uses to report bad behaviour. The employees identity is kept secret to prevent retribution from angry peers. Inappropriate behaviour, sexual harassment and financial abused can be reported via ethics hotline.

4 0
3 years ago
Goofy Inc. had accounts receivable of $200,000 and an allowance for uncollectible accounts of $8,500 just before writing off as
SpyIntel [72]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
Consumer ________ helps answer questions such as why people choose one product or brand over another
san4es73 [151]

Answer:

The answer is Consumer Behavior

Explanation:

Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.

This study seeks to understand how the behave in  the marketplace and the reason(s) for this behavior.

The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.

An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.

4 0
3 years ago
Other questions:
  • Ellie has been working for an engineering firm and earning an annual salary of $80,000. she decides to open her own engineering
    14·1 answer
  • You and a friend are designing and selling artisan smartphone covers. The covers are decorated with tiny manufactured rhinestone
    11·1 answer
  • Ichabod Industries has a Latin American Division, a European Division, an Industrial Lubricants Division, and a Food Service Div
    7·1 answer
  • The consumer price index is the:
    11·2 answers
  • Gain liquid laundry detergent comes in a 40-ounce plastic bottle with a pour spout. When that bottle is empty, consumers can pur
    14·1 answer
  • If the value of imports for the current year is $3 billion and the value of exports is $8 billion, what effect will this have on
    13·1 answer
  • One school of management thought states that organizational decisions and actions are influenced mainly by what attracts managem
    13·1 answer
  • Saying that Risk and Return go hand in hand, tells us that you ________ as the length of the investment horizon ________." A. ca
    8·1 answer
  • 1. Approximately, what is the median wage for a<br> college graduate (all majors)?
    12·1 answer
  • Internet access to use online banking costs you $39.99 per month. A book of checks costs you $17.95 per 100. Your bank charges y
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!