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3 years ago

What is the different between consumer and customer?

Business

2 answers:

lara31 [8.8K]3 years ago

7 0

Answer:

this is your answer good day

Explanation:

Customer – one who is a recipient of services or products from a company or individual for money … costumer-is someone who sells or makes costumes. customer-is someone who buys from shop or company.

sergey [27]3 years ago

5 0

Answer:

The customer is one who buys product produce while the consumer is one who takes benefit or uses the product.

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According to epa studies, the united states generates over ____ billion tons of solid waste each year.

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<span>10.6 billion of solid waste is what the United States is generating at this time. So if you think of the rest of the world combined it is a staggering number. It is astronomical amount to dispose of properly and safely.</span>

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3 years ago

Conley Company has fixed costs of $8,151,000. The unit selling price, variable cost per unit, and contribution margin per unit f

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3 years ago

When the sellers are lending part of the purchase price, they may secure the debt either with a deed of trust or a mortgage. for

IrinaVladis [17]

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1 year ago

Suppose you reside in the Caribbean and purchase exclusive territory rights for a McDonald's franchise. You can construct as man

konstantin123 [22]

Answer:

This is a form of artificial monopoly.

Explanation:

In artificial monopoly a large firm exists with smaller firms in the same market. The large firm does not have a comparative advantage in production efficiency bit still drives the competition out of business.

Large firms use restrictive measures that prevents new form from entering the market. The other type of monopoly is the natural monopoly.

Having exclusive rights to open a MacDonald's in the Carribean where you can construct as many locations as you want is called artificial monopoly. The firm has successfully barred other firms from opening a MacDonald's in the Carribean.

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3 years ago

Suppose demand is given by teh equation PD= 100-2QD and supply is given by the equation PS=50+ 3Qs. Price is measured in dollars

Kisachek [45]

Answer:

a. $40

Explanation:

Question <em>"What is the deadweight loss of $20 tax"</em>

Demand is given by PD = 100 - 2QD

supply is given by PS = 50 + 3QS

For equilibrium, Demand = Supply

100 - 2QD = 50 + 3QS

3QS + 2QD = 100 - 50

5Q= 50

Q = 10 units (Equilibrium quantity)

From PD = 100 - 2QD

P = 100 - (2*10)

P= $80 (equilibrium price)

With a tax of $20, the new supply curve is (PS - 20) = 50 + 3QS

PS = 550 + 20 + 3QS

PS = 70 + 3QS

Then, the new equilibrium is Demand = New supply

100-2Q = 70+3Q

3Q + 2Q = 100 - 70

5Q = 30

Q = 6 units (New equilibrium quantity)

P = = 70+3Q

P = 70 + (3*6) = $88 (New equilibrium price)

P = $88

Now, at the new equilibrium quantity (6 units), Price on the initial supply curve, PS = 50+(3*6) = $68.

Then, the deadweight loss = 1/2* (Equilibrium quantity - New equilibrium quantity) * (New equilibrium price - Price on initial supply curve at new equilibrium quantity)

Deadweight loss = 1/2*(10-6)*(88-68)

Deadweight loss = 1/2*4*20

Deadweight loss = $40

7 0

3 years ago

What is the different between consumer and customer?​

What is the different between consumer and customer?