COMPLETE QUESTION:
Demand Supply
P = 50 - QD P = 10 + 1/3 QS
QD = 50 - P QS = 3P - 30
Refer to Table 4-6.ȱȱ
The equations above describe the demand and supply for Aunt Maudȇs
Premium Hand Lotion.ȱȱ
The equilibrium price and quantity for Aunt Maudȇs lotion are $20 and
30 thousand units.ȱȱ
What is the value of consumer surplus?
Answer: $450,000
Explanation:
P = 50 - QD P = 10 + 1/3 QS
QD = 50 - P QS = 3P - 30
Using the above equation,
Consumer surplus = $450,000
Answer: Code of accounts.
Explanation:
In project management, a code of accounts is a vital tool in managing any project because it makes it easier to differentiate numerous parts of a project without the need to remember terminologies or lengthy names.
A code of accounts is the unique numbering or lettering whereby letters or numbers are attached to each unique part of the project during the work breakdown structure (WBS) stage. The assigned numbers and letters should not be changed throughout the project's life cycle.
The agency that ensures no harmful ingredients or materials are in toys is the EPA.
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
Answer:
b) $1,950,000
Explanation:
Value of gift cards redeemed with those whose date of redemption has passed, will both have the amount to revenue out of $2,000,000 of the gift cards sold.
Total gift card revenue to be recognized in 2016 = $1,800,000 + $150,000
Total gift card revenue to be recognized in 2016 = $1,950,000