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
ioda
2 years ago
15

Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, producer

surplus will be
Business
1 answer:
Stolb23 [73]2 years ago
3 0

Answer:

$12

Explanation:

Producer's surplus=1/2*Q*P( Just like the formula for the area of a triangle which is 1/2*base*height)

P is the price of the item which is $4

Q is the quantity bought and sold, which is 6 units in this case, hence, the producer surplus is shown thus

producer's surplus=1/2*$4*6

producer's surplus=$12

You might be interested in
Parties more interested in managerial accounting data than in financial accounting data include
zvonat [6]
<span>The phase of accounting that is concerned with providing information to managers for use within the organization.

</span><span>Production manager, VP of Business Planning, Controller</span>
8 0
3 years ago
Is disease prevention by the government a pure public good or a private good? Explain
Lynna [10]
Public good are non-rivalry and non-excludable goods. People can benefit these goods without affecting and reducing its availability to others. Disease prevention by the government is purely public good since it is important to every individual and each person must not have any limitations in receiving these kind of prevention.
4 0
3 years ago
Will Jones, LIP is a small CPA firm that focuses primarily on preparing tax returns for small businesses.
Nonamiya [84]

Answer and Explanation:

1. The computation of the total annual cost in each case is shown below:

Total annual cost = Annual fee + license per tax return × number of returns filed

a. For 332 returns

= $403 + $11 × $332

= $403 + $3,652

= $4,055

b. For 424 returns

= $403 + $11 × $424

= $403 + $4,664

= $5,067

c. For 522 returns

= $403 + $11 × $522

= $403 + $5,742

= $6,145

2. Now the cost per return is

Cost per return = Total annual cost ÷ number of returns filed

a. For 332 returns

= $4,055 ÷ 332 retunrs

= $12.21

b. For 424 returns

= $5,067 ÷ 424 returns

= $11.95

c. . For 522 returns

= $6,145 ÷ 522 returns

= $11.77

4 0
3 years ago
Which of the following describe management's use of a master budget: Multiple select question. Helps in determining bonuses to m
Semenov [28]

Answer:

Helps analyze differences between actual and budgeted results

Helps reveal undesirable outcomes

Helps in planning and control activities

Explanation:

A master budget comprised of future income statement or planned operating budget and the future balance sheet or financial budget that represent the goals and objectives of the organization and the ways to achieve them. It identified the actual & budgeted results difference, It disclosed the non-desirable results and also it helps in activities that deals in planning & controlling

Therefore the above statements should be correct

4 0
3 years ago
What is core capabilities
Sloan [31]

Alternative term for core competencies.
6 0
3 years ago
Other questions:
  • Two types of deposit accounts are
    10·1 answer
  • Jessica experienced an increase in her income by 10% this year. In the same year, Jessica's quantity demanded of milk increased
    10·1 answer
  • You deposit $4000 into a savings account. the account earns 2.75% simple interest. how long will it take to earn $220 in interes
    12·1 answer
  • Patrick has chosen to double major in finance and microbiology and studies 14 hours a day as a result. To make it through his st
    10·1 answer
  • This year Baldwin achieved an ROE of 5.9%. Suppose management takes measures that increase Asset turnover (Sales/Total Assets) n
    9·1 answer
  • Excess cash is cash that is excess to the operations of a company and is considered "negative debt" because the cash could be us
    7·2 answers
  • Promoting college and career readiness, influencing the achievement of a shared goal, and assuming the responsibilty for the cre
    9·1 answer
  • The mountain dew ads imply that the company is using which positioning approach as identified by professor ernest martin? use/ap
    10·1 answer
  • The stock of Mulberry Corporation is owned by Archana (60%) and Anar (40%), who are mother and daughter. Pursuant to a plan of c
    8·2 answers
  • The entrepreneur who does not change the method of production already introduced is.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!