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Alik [6]
3 years ago
6

Assume that there are four consumers A, B, C, and D, and the prices that each of them is willing to pay for a glass of lemonade

is, respectively, $1.50, $1.20, $1.00, and $0.90. If the actual price of lemonade is $1.00 per glass, then consumer surplus in this market will be:
a. $0.80
b. $0.70
c. $0.50
e. $0.60
Business
1 answer:
seraphim [82]3 years ago
7 0
I think it’s $0.60
Because if you add all the values it is $4.60
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nlexa [21]

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = \frac{1}{2}  = 0.5

and

probability of customer not buy computer is = \frac{1}{2}  = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

3 0
3 years ago
______ occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job
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Answer:

Workplace discrimination

Explanation:

Workplace discrimination is when someone is not treated well at work because of prejudices related to race, gender, religion, sexuality, among others. According to this, the answer is that workplace discrimination occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job because the person is treated differently because of prejudices.

3 0
3 years ago
which florida law requires owners and operators of motor vehicles to be financially responsible for damages and or injuries they
mrs_skeptik [129]
The Financial Responsibility Law
8 0
3 years ago
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Riggs Company purchases sails and produces sailboats. It currently produces 1,200 sailboats per year, operating at normal capaci
faltersainse [42]

Answer:

It is more convenient to produce the sails in house.

Explanation:

Giving the following information:

Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.

Because there will not be an increase in fixed costs, we will not have them into account.

Variable overhead= 90 - (78,000/1,200)= 25

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It is more convenient to produce the sails in house.

8 0
3 years ago
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Valentin [98]

Answer:

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Explanation:

Non = absence

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Hope this helps.

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3 years ago
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