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Juli2301 [7.4K]
3 years ago
13

Mister Jones was selling his house. The asking price was​ $220,000, and Jones decided he would take no less than​ $200,000. Afte

r some​ negotiation, Mister Smith purchased the house for​ $205,000. Smith's consumer surplus is A. ​$20,000. B. ​$15,000. C. ​$5,000. D. not able to be calculated from the information given.
Business
1 answer:
Nonamiya [84]3 years ago
8 0

Answer:

The correct answer is D. not able to be calculated from the information given.

Explanation:

The consumer surplus is the gap between  the maximum price that the consumer is willing to pay and the price the consumer actually pay.

So,  in this case,  to get consumer surplus ,  we have to know the price that Mister Smith was willing to pay and the price he actually paid.  We only have the price he paid and we don't know how much he was willing to pay.

Then ,  we are not able to calculate consumer surplus with the information given.  

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Perform an online or offline search, and choose a technology firm near your location. You must then call and speak to someone fr
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Answer:

I have selected Samsung electronics which is located in my area. I have visited the company and conducted a meeting with HR manager.

Explanation:

The company has launched trainee program for the graduates. HR manager has provided details about the program which includes training of freshers and on job support. They can study and do the job together so that they learn how to work in an office environment. Graduates can assist manager of multiple department at a time which gives them exposure of different department tasks. The main qualities which are required by the company in a candidate are multitasking skills, problem solving ability and ability to meet deadlines. For interview there is a short game in which IQ level of candidates is tested and those who clear the levels of the game are then promoted for a panel interview.

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3 years ago
You have several umbrellas in your closet at home, but when it's raining hard and you're stranded on Market Street in San Franci
monitta

This is a form of convenience form of consumer goods.

<u>Explanation:</u>

Consumer goods are the goods that are to be used by the consumers to satisfy the final goods and needs of the consumers by the use of those goods.

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3 years ago
Parents of young children have been known to drive out of their way so their kids will not see McDonald's Golden Arches and plea
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know what the Golden Arches brand symbol means.

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4 years ago
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Winter's Toyland has a debt-equity ratio of .57. The pretax cost of debt is 8.2 percent and the required return on assets is 14.
True [87]

Answer:

<em>WACC 10.995</em>

Explanation:

We solve using the Weighted average cost of capital assuming a tax rate of 0% as we have to ignore taxes. Hence, we get:

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

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t 0

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Answer:

c they don't have enough money

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3 years ago
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