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Sladkaya [172]
3 years ago
6

Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i

s $25, and the cost of mowing the third lawn is $40. His producer surplus on the first three lawns of the day is $100. If Ronnie charges all customers the same price for lawn mowing, that price is
Business
1 answer:
OlgaM077 [116]3 years ago
6 0

Answer:

$60

Explanation:

The computation of price is shown below:-

Producer Surplus = Price paid by consumers - Production cost

$100 = Price - ($15 + $25 + $40)

$100 = Price - $80

Price for all = $100 + $80

= $180

Price Per consumer = Price for all ÷ First three lawns

= $180 ÷ 3

= $60

Therefore, for computing the price per consumer we simply divide first three lawn by price for all.

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What is the purpose of insulation
Crazy boy [7]
The purpose of insulation is to slow the rate of heat transfer.. in cold climates, it is intended to stop the flow of heat out of the building. In hot climates, it’s purpose is to slow the movement of heat into the building.
3 0
4 years ago
Explain what ""market value of a corporation"" means. How does that compare to the ""book value"" of a corporation?
lidiya [134]

Answer:

Market value of a corporation is its value according to the stock market. Book value on the other hand is the difference between assets and liabilities of a corporation.

Explanation:

The market value of a corporation is the value attributed to it by the financial market. It is calculated by multiplying the price of each share by the number of outstanding shares.  

The book value is the value of the corporation if the assets are liquidated and liabilities are paid off. It is calculated by finding the difference between assets and liabilities.  

If the market value of a corporation is greater than its book value it means the market does not believe that the company is worth what it has mentioned in its book value.  

If the market value is higher than the book value, it indicates that the market has confidence in the corporation's ability to generate earnings in the future.

6 0
3 years ago
Which of the following events (in the marketplace or within the company itself) will decrease the market price of Marvelous Manu
hram777 [196]

Answer:

The beta on Marvelous’ common stock decreases from 1.4 to 1.2

Explanation:

According to the scenario, computation of the given data are as follow:-

As we know that

Expected Return = Market Risk Premium × Beta + Risk Free Rate

If the Beta is decreased, this means that expected return is decreased too, and if the expected return decreases the market value is decreases too.  

According to the analysis, The Beta on marvelous’ common stock decreases from 1.4 to 1.2 is correct option.

5 0
4 years ago
It has been speculated that the ussr expansion into central asia and southward was most likely to… select one:
earnstyle [38]

Answer:

I believe it is C.

Explanation:

Hope my answer has helped you!

7 0
4 years ago
Fuller Company makes frames. A customer wants to place a special order for 600 frames in green with the company logo painted on
joja [24]

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.

Explanation:

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.  

B. Cost of setup Labor: It includes salaries that are been paid to all workers working as full time and part time  

While the number of wages and the number of employees wage requirements vary by cost controls, their industries and the center on achievment of their best results with possible lower labour costs.

As any  leader of the company knows the things related to it that, the most important and biggest cost of doing any sort of  business is often labor. Cost of labor setup, which may account for as 70% of almost total business costs which include wages of the employees,their benefits, payroll and all other taxes related to them.  

Any HR professionals spend only  their 15% of time managing the labor costs. Engaging new employees, hiring new and efficient workers and developing them over their course of their career are always top of mind for HR professionals.

So, the most important point here is the cost labors setup.

8 0
3 years ago
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