Answer:
(B) $10,000.
Explanation:
As in the given transaction, the customer already told the company that he wants the product by Tuesday or the company has to return the amount.
Afterward, the company is unable to ship the part on time.
So, the Cowtown can recover the amount of $10,000 instead of $13,000 as both parties are under the contract So, no one can escape from their responsibilities
Answer:
The answer is: D) $1.75
Explanation:
Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.
Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.
- Larry's consumer surplus = $2 - $1 = $1
- Alan's consumer surplus = $1.50 - $1 = $0.50
- Ryan's consumer surplus = $1.25 - $1 = $0.25
The total consumer surplus is $1 + $0.50 + $0.25 = $1.75
Answer: The Answer IS A.
Explanation: fail to Intersect
In my opinion to have a company because you are in control.