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
Ulleksa [173]
3 years ago
8

If consumers' surplus is $30 and the price paid for the good is $50, then the maximum price a buyer is willing and able to pay f

or the good is $80. $30. $50. $20. there is not enough information to answer the question.
Business
1 answer:
DiKsa [7]3 years ago
4 0

If consumers' surplus is $30 and the price paid for the good is $50, then the maximum price a buyer is willing and able to pay for the good is $20. To solve for this question, subtract the surplus amount of $30 and the actual price paid of $50 together. Consumer surplus is defined as the difference in the amount of money that a consumer is willing to pay vs what they actually pay for a good or service.

You might be interested in
Suppose your employer offers you a choice between a $ 4 comma 600 bonus and 200 shares of the company stock. Whichever one you c
Virty [35]

Answer:

a. Suppose that if you receive the stock​ bonus, you are free to trade it. Which form of the bonus should you​ choose? What is its​ value?

I would choose the stock bonus because the current market price = 200 x $64 = $12,800 which is much higher than $4,600 (cash bonus)

b. Suppose that if you receive the stock​ bonus, you are required to hold it for at least one year. What can you say about the value of the stock bonus​ now? What will your decision depend​ on?

Even if you are required to hold the stock for one year, the price difference with the cash bonus is too great = ($12,800 - $4,600) / $4,600 = 178% higher. Since you are employed by the company, you should know if the company is doing well or not, and the probable future stock price.

Only if something catastrophic happened to the company would make the cash bonus more attractive.

6 0
3 years ago
Sherman, Inc. manufactures chainsaws that sell for $65. Each chainsaw uses $14 in direct materials and $9 in direct labor per un
anzhelika [568]

Answer: $18

Explanation:

Based on the information,

Sales revenue = $65 × 225 = $14625

Cost of goods sold = (45 × $20) + (1125 × $4) + (225 × $14) + (225 × $9)

= $900 + $4500 + $3150 + $2025

= $10575

Gross profit = Sales revenue - Cost

= $14625 - $10575

= $4050

The gross profit for one chainsaw will be:

= $4050/225

= $18

6 0
3 years ago
Use the information presented in Northeastern Mutual Bank's balance sheet to answer the following questions.
Nana76 [90]

Answer:

The explanation is given as follows.

Explanation:

<u>Task 1: </u>

<u>The higher the percentage of assets a bank holds as loans, the higher the capital requirement.</u>

When the owners of the bank borrow $100 to supplement their existing reserves , both reserves and debt increase by $100 , therefore increase in debt as in any balance sheet , the total value of accounts on the left hand should be equal to the right hand , so when there is increase in reserves , there will be increase in debt.

<u>Task 2:</u>

<u>It specifies a minimum leverage ratio for all banks </u>

leverage ratio initially = total assets / capital = 1750 / 125 = 14

leverage ratio new value = total assets / capital = 1850 / 125 = 14.8 ( the assets increase by $100 with increase in reserves)

<u>Task 3</u>

<u>Its intended goal is to protect the interests of those who hold equity in the bank.</u>

Capital requirement are there to ensure that bank have enough capital to repay the depositors and debtors and if a bank holds a higher percent of risky assets , capital requirements will be higher so that the bank remains solvent hence option a is right answer.

4 0
3 years ago
Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows
Ray Of Light [21]

Answer:

3.14 years

Explanation:

Year              Cash flow                Accumulated cash flows

0                    -$4,900                            -$4,900

1                       $1,150                             -$3,750

2                      $1,350                            -$2,400  

3                     $2,230                                -$170

4                     $1,250                              $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

7 0
2 years ago
Advertising can play a major role in ____________and promoting cultural norms, which has drawn criticism from advocacy groups ar
trapecia [35]

Answer:

C) propagating certain cultural stereotypes

Explanation:

This is true not only for advertising but also for many mass media products. The problem is that sometimes reality is very different than the stereotypes that are portrayed.

One of the most controversial issues is the models' weight. Models tend to be usually much thinner than regular people, and that leads to a misconception that being extremely thin is good and healthy. Besides personal beauty preferences, a girl who is 5 foot 10 and weighs only 100 pounds is not healthy.

Similar issues like portraying certain family or lifestyle stereotypes may also have positive or negative effects on the audience since advertisement reaches millions of people.

3 0
3 years ago
Other questions:
  • The databases of a business often include a great deal of information about the firm's customers.
    9·1 answer
  • Marketers often scan social media to learn more about what customers think. __________ is a technique in which data from a varie
    5·1 answer
  • If the number of demanders for electric cars increases at the same time as the number of suppliers of electric cars increases, w
    6·1 answer
  • Which organization requires a 90 day supply of oil (links to an external site.)links to an external site. (known as the strategi
    12·1 answer
  • The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to
    6·1 answer
  • Shen spends $200 to purchase legal service from Rowan and Martin Associates. Valerie spends $8 to order a mojito cocktail. Shen
    8·1 answer
  • Chris and Karen are married and own a three- bedroom home in a large Midwestern city. Their son, Christian, attends college away
    5·1 answer
  • Information on Wolfen Company's direct labor costs for the month of January follows: Actual direct labor rate $5.00 Standard dir
    6·1 answer
  • Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2016 to $10.75 million in 2017. Its assets tot
    7·1 answer
  • A bond's coupon payment is:______.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!