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OlgaM077 [116]
3 years ago
12

What is consumer surplus​

Business
2 answers:
miss Akunina [59]3 years ago
5 0
The difference between the consumers willingness to pay for a community and the actual price paid by them
denis23 [38]3 years ago
3 0
Consumer surplus is defined as the difference between the consumers' willingness to pay for a commodity and the actual price paid by them, or the equilibrium price. ... It is positive when what the consumer is willing to pay for the commodity is greater than the actual price.
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1. What physical skills develop in the first year?
RSB [31]

Answer:

Rolling on their tummy's, hand- eye coordination, standing up right, and being able to grasp their own shoes are some physical skills that are developed.

Explanation:

babies steadily gain weight and grow in length throughout this first year, often in growth spurts. Cognitive development . This means how the brain forms its abilities to learn and remember.

8 0
3 years ago
Tom’s Grocery purchased 5 new cash registers for their new store and they paid $2,400 each for a total of $12,000 on August 1, 2
SVETLANKA909090 [29]

Answer:

c. Depreciation $1,000

f. Property, Plant and Equipment $12,000

Explanation:

Tom's Grocery purchased 5 new cash registers which amount $2400 each. They have useful life of 5 years. Using straight line depreciation the annual depreciation charge will be $2,400 / 5 which is $480 per year per cash register. There are 5 cash registers so total depreciation expense will be  $480 * 5 = $2,400 per year for 5 registers.

The registers are bought on August 1st, 2013 and the year end is December 31st, 2013 there are 5 months, the depreciation expense will be prorated based on the months.

$2,400 * 5/12

$1,000.

3 0
4 years ago
It would be acceptable to have the selling price of a product just above the variable costs and expenses of making and selling i
Gnoma [55]

Answer:

B.both the short run and long run.

8 0
3 years ago
Read 2 more answers
The three major types of firms in the united states are called
Nina [5.8K]
The three major types are;
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5 0
3 years ago
_____ ratios reflect the speed with which resources are converted to cash or sales.
Mekhanik [1.2K]

Activity ratios reflect the speed with which resources are converted to cash or sales.

Option E is correct answer .

Activity ratios :

Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.

What is a high activity ratio?

A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.

Learn more about activity ratio :

brainly.com/question/25894261

#SPJ4

6 0
2 years ago
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