Consumer surplus is the difference between the maximum
amount the consumer is willing to pay for the price of the good and the price
that was actually paid by the consumer or commonly known as the current market
price. The price that the consumer is willing to pay is determined by the
demand curve in the market.
Hey there
Total Quality Management<span> (</span>TQM<span>) is a comprehensive and structured approach to an organizational </span><span>management.
</span>Total Quality Management refers to <span>systems that focus on quality. Make the quality more better and less cheaper. The better the quality of the item, the better they will make a profit. </span>
Answer:
B. Subscribers cancelling their subscriptions
Explanation:
Central Times’s business environment had suffered tremendousy in recent times with transition from newspaper publication to online journalism. As a result of this, Time's publishing company has faced many problems some of which are highlighted below: many of the newspaper subscribers have cancelled their subscription, they were losing revenue, they had to relief a third of their reporting staff primarily. However, amidst all these, <u>the primary cause of disruption to Central Times’s business environment is option B</u> (Subscribers cancelling their subscriptions). It was this problem that led to the other problems (loss of revenue, firing a third of their reporting staffs)
1: A-merge
2: B- possible misspelled word
3: A- spark line
4: B
5: C- moves down one cell
Answer:
$69.41
Explanation:
Given that
D1 = 4.75
D2 = 5.25
D3 = 5.75
D4 = 7
g = 7% or 0.07
R = 15% or 0.15
Therefore,
D5 = D4 (1 + g)
= 7 × 1.07
= 7.49
Also,
P4 = D5/g × R
= 7.49/0.15 × 0.07
= 93,625
Thus,
P0 = 4.75/1.15 + 5.25/(1.15)^2 + 5.75/(1.15)^3 + 7/(1.15)^4 + 93.625/(1.15)^4
= $ 69.41357
Approximately
= $ 69.41