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
Oxana [17]
3 years ago
8

Ronnie operates a lawn care service. on each day, the cost ofmowing the first lawn is $10: the cost of mowing the second lawn is

$12: and the cost of mowing the third lawn is $15. His producersurplus on the first three lawns of the day is $53. if Ronniecharges all customers the same price for lawn mowing, that priceis.
a. $25
b. $30
c. $36
d. $45
Business
1 answer:
konstantin123 [22]3 years ago
5 0

Answer:

b. $30

Explanation:

producer surplus = price producer able to sell - price producer would be willing to sell

⇔ price producer able to sell = producer surplus + price producer would be willing to sell = 53 + (10+12+15) = $90 for 3 lawn

if Ronnie charges all customers the same price for lawn mowing, that price is $30 (= $90/3)

You might be interested in
You are putting together a team for a special project at work. Your friend Jim and another co-worker John both want to be on the
stellarik [79]

Answer:

You choose Jim since they are both similar employees and choosing your friend is OK

Explanation:

Since in the question it is mentioned that Jim and John both wants to be on the team but there is only one room that belong to other one person. Although they have the same skill and work ethics so here we should choose Jim as it is okay to select friend who have the same attributes or characteristics

Therefore the above represent the answer

7 0
3 years ago
If an activity generates a positive externality, the government can increase total economic surplus by ___ the activity, and if
Fofino [41]

Answer:

C. subsidizing: taxing

Explanation:

An activity generates a positive externality if the benefits of economic activities to third parties exceeds its costs.

Example of activities that generate positive externality are education and research.

Government ought to encourage the production of activities that generates postive externality. One of the ways this can be done is through Subsidy. Subsidy reduces cost of production and increases production.

An activity generates negative externality if the benefits of economic activities to third parties is less its costs.

An example of negative externality is pollution.

Government can discourage activities that generates negative externality by taxation. Taxation increases the cost of production and discourages production.

I hope my answer helps you

8 0
3 years ago
If the payment is not made on the credit card by the end of the grace period, which of the following will occur?
Phoenix [80]

C. Interest will be charged - Apex

3 0
3 years ago
Another term for the cash-and-carry purchasing procedure is: Question 2 options: a) stockless purchasing b) forward buying c) fi
satela [25.4K]

Answer:

Will call purchasing

Explanation:

Cash and carry also known as "will call purchasing" or "carry trade" is a sales strategy or method of purchase in which a customer must pay for an item immediately and must take the item with them. It eradicates all forms of credit sales.

Cash and Carry involves paying for an item and taking it along with you. There is no space for future delivery and it doesn't include delivery cost in the price of an item.

Pickup can't be delayed to a later date.

5 0
3 years ago
As it relates to source selection and procurement integrity, an appearance of a conflict of interest is not as bad as an actual
Luden [163]

Answer:

False

Explanation:

The reputation can be permanently harmed when a conflict of interest is possible.

7 0
3 years ago
Other questions:
  • If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A
    9·1 answer
  • The wacc is used to _______ the expected cash flows when the firm has _______.
    5·1 answer
  • An example of communicating category membership by relying on the product descriptor is ford's positioning of its freestyle auto
    12·1 answer
  • For what reason may an employer legally NOT hire an applicant?
    6·2 answers
  • Mellow Co. depreciates a $12,000 asset over five years, using the straight-line method with no salvage value. At the beginning o
    7·1 answer
  • A gold ring selling for $1845 is reduced by 30% after Valentine's Day. Find the reduced price of the ring. To find a price after
    10·2 answers
  • Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
    5·1 answer
  • The threat of new competitors will enter your market is _________ when entry is easy and _________ when there are significant ba
    14·1 answer
  • Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 coo
    6·1 answer
  • You have just taken a job at a bank in the loans department. Your bank is worried about the current economic climate and its pot
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!