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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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3 years ago
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Which of these effects of expansionary spending would a government most want to avoid?
lina2011 [118]

Answer: B.) Higher inflation on Ed2020

Explanation:

higher inflation growth in production growth in consumer spending.

5 0
2 years ago
Jen is investing in a partnership with Lisa. Jen contributes equipment that originally cost $65,000, has accumulated depreciatio
Gelneren [198K]

Answer:

Debit to equipment for $52000

Explanation:

Based on the information given we were told that Jen had a fair value of the amount of $52,000. This means that the Journal entry to record the initial contribution to the partnership will tend to include a DEBIT TO EQUIPMENT FOR THE AMOUNT OF $52,000 which is the fair value amount.

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3 0
2 years ago
Where would a capitation fee be reported on a health care entity’s financial statements?
loris [4]

The capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.

Given that health care entity want to record capitation fee in it's financial statements.

We are required to answer to the question that how capitation fee is recorded in a health care'sn financial statements.

Financial statements are basically the written records that convey the business activities and the financial performance of a company. The balance sheet gives an overview of assets, liabilities, and shareholders' equity as a snapshot in time.

When a health care entity receives capitation fee it would be recorded on the credit side of the profit and loss account because the capitation fee is a income of the health care entity.

Profit and loss account is an account that records expenses and incomes of the company.Expenses are recorded on debit side and incomes are recorded on credit side of profit and loss account.

Hence the capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.

Learn more about profit and loss account at brainly.com/question/26240841

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6 0
1 year ago
At the point where average variable cost reaches its minimum value
sineoko [7]

Answer: B) average variable cost equals marginal cost.

Explanation: Average variable cost, AVC, is the total amount of variable cost per unit of output. This allows a company to see what the total cost and sales amount needs to be completed to zero out any variable cost out of pocket and where they are able to start earning a profit on their items.

4 0
2 years ago
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