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belka [17]
3 years ago
15

If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus

is
Business
1 answer:
dalvyx [7]3 years ago
8 0

Answer:

$2,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$30,000-$28,000

Consumer surplus=$2,000

Therefore consumer surplus is $2,000

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The passage discusses a business fluctuation influenced by
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4 years ago
Which of the following situations is the best use of endnotes in a business report?
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4 years ago
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On January 2, 2020, Howdy Doody Corporation purchased 15% of Ranger Corporation's common stock for $59,000. Ranger's net income
Zanzabum

Answer:

Total amount to be shown in income statement as income from this investment is $19,125

Explanation:

Item                                                                              Amount

Dividend received by Howdy Doody corporation    $10,125  

($67,500 x 15%)

Increase in Fair value of Stock credited to                $9,000  

income statement ($68,000-$59,000)

Total amount shown in income statement               $19,125

as income from this investment.

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3 0
4 years ago
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sukhopar [10]

Answer:

Explanation:

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Cost of a bus pass - $5

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(leisure time are charged at wage rate )

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But if wages increase to $20

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If i drive the car . i will save extra time that worth a benefit of $40/week

If the wage increase to$20 , i will prefer to drive my car.

5 0
4 years ago
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