Answer:
$3,750
Explanation:
at $25 per sheet of plywood:
total demand = 800 - (10 x 25) = 800 - 250 = 550
total supply = (50 x 25) - 1,000 = 1,250 - 1,000 = 250
the equilibrium price is:
800 - 10P₁ = 50P₁ - 1,000
1,800 = 60P₁
P₁ = 1,800 / 60 = 30
the equilibrium quantity (Q₁) is:
Q₁ = 800 - (10 x 30) = 800 - 300 = 500
at 250 units, the price should be:
250 = 800 - 10P₂
10P₂ = 550
P₂ = $55
total deadweight loss = 0.5 x (P₂ - P₁) x (Q₂ - Q₁) = 0.5 x ($55 - $25) x (250 - 500) = 0.5 x $30 x -250 = -$3,750
ANSWER:
perceived risk
STEP-BY-STEP EXPLANATION:
Perceived risk is the vulnerability a purchaser has when purchasing things, for the most part those that are especially costly, for instance, vehicles, houses, and PCs. Each time a purchaser thinks about purchasing an item, the individual in question has certain questions about the item, particularly if the item being referred to is profoundly evaluated
Perceived risk can incorporate the dread or potentially question a purchaser has that the item they are purchasing will neglect to play out its expected capacity. The buyer may be worried about the possibility that that on the off chance that they purchase a vehicle, the motor or different parts may glitch.
it would be the last option : ask someone to cosign on a credit for you .(: