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RideAnS [48]
2 years ago
6

On a shopping​ trip, Sofia decided to buy a light blue coat that had a price tag of​ $79.95. When she brought the coat to the​ s

tore's sales​ clerk, Sofia was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag. After the discount was​ applied, Sofia paid​ $63.96, $15.99 less than the original price. The value of​ Sofia's consumer surplus from this purchase is
Business
1 answer:
Cloud [144]2 years ago
6 0

Answer:

$15.99

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good  

$79.95 - $63.96 = $15.99

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When marginal cost exceeds average total cost:
gtnhenbr [62]

Answer:

B) average total cost must be rising

Explanation:

Marginal cost is the rate at which total variable cost increases when one more unit is produces.

So when marginal cost is larger than average cost, it means that total average costs must be increasing.

For example, we have the following production costs:

  • total costs = $100
  • units produced = 20 units
  • total average costs = $5 per unit

If the marginal cost of producing 1 more unit is $6, then the total costs will be $106 and the total average cost will be $5.05 per unit (= $106 / 21 units).

4 0
3 years ago
Which of the following is an example of a basic requirement for a fulfilling career?
jekas [21]
The best and most correct answer among the choices provided by your question is the fourth choice or letter D.

<span>An example of a basic requirement for a fulfilling career is grabbing opportunities to learn and grow.</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
6 0
2 years ago
According to ______ management, managers should fix an organization's problems by improving its structure, culture, and work rul
Pavlova-9 [17]

The answer is Deming management.

Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.

It involves putting management scholar W. Edwards Deming's principles into practice.

Deming defined management as the establishment and ongoing development of organizational systems.

Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.

Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.

Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.

Learn more about management:

brainly.com/question/1276995

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4 0
2 years ago
Charlie is thinking about starting a new business. The company would require $375,000 of assets, and it would be financed entire
anyanavicka [17]

Answer:

The income must be $43,125 to warrant starting the business

Explanation:

Given that:

  • ROE of 11.5%
  • The company would require $375,000 of assets, and it would be financed entirely with common stock, it is the equity

The formula of ROE : Net income / Equity

Therefore, Net income = ROE * Equity  

= 11.5% * $375,000

= $43,125

So the income must be $43,125 to warrant starting the business

Hope it will find you well.

8 0
3 years ago
Read 2 more answers
Blank include long term investments such as real estate and retirement savings
frutty [35]

A capital market is the market that include long term investments such as real estate and retirement savings.

<h3>What is a capital market?</h3>

This refers to financial system that is particularly concerned with raising capital by dealing in shares, bonds, and other long-term investments.

Hence, because real estate and retirement savings forms part of long-term investments, they are part of capital market.

Read more about capital market

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8 0
2 years ago
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