Answer:
A. $60
Explanation:
Recall that, consumer's surplus refers to the price that a consumer is willing to pay less the amount he or she actually pays.
Thus
Consumer surplus = maximum price willing to pay - actual market price.
Given that
Market price = $40
Vonda is willing to pay = $90
Aleiyah is willing to pay = $50
Hence.
Vonda consumer surplus = 90 - 40
= $50
Aleiyah consumer surplus = 50 - 40
= $10.
Total consumer surplus = 50 + 10
= $60.
Answer:
The correct answer to the following question is option A) $0
Explanation:
Given information -
House bought 15 years ago by Jerry at - $60,000
Jerry and her wife Debbie sold the house for - $340,000
The realized gain for Jerry and Debbie on the sale of house - $280,000 ( $340,000 - $60,000 )
Jerry and Debbie wants to file joint tax return , and they are allowed an exclusion up to $500,000. Which means if the amount of gain doesn't exceed $500,000, then they won't have to pay tax on this gain.
The market structures that most benefit from Big Data are the competition Monopolistic, which is a type of imperfect competition such that many producers sell products in a market but the products are not identical (heterogeneous products), and they differ from each other by the brand, the quality or the location. In monopolistic competition, a firm takes the prices of its rivals as data and ignores the impact of its own prices on the prices of other companies; and Oligopoly, a market structure in which there are few relevant competitors. Each of them has a certain capacity to influence the market variables (such as price and equilibrium quantity), on the other hand, the one that benefit the least from Big Data is the monopoly, as it is a market structure where there is a single offer a certain good or service, that is, a single company dominates the entire supply market.
Answer:
an impulse product
Explanation:
When we talk about impulse products we are referring to products that people generally buy on impulse reactions. Generally in a supermarket the aisle just before the cash register is full of candy, chocolates, or other impulse products. Generally impulse products are not expensive so people usually don't think a lot about whether they will buy them or not, they just do it.
Answer:
Commodification is the process of packaging and marketing crime information for popular consumption and commercial profit.
Explanation:
Commodification is the conversion of anything like goods, services, ideas, nature, private information, people, or animals into tradeable goods or commodities in a capitalist economic system. According to Arjun Appadurai, the most fundamental definition of a commodity is "something designed for exchange" or "anything of economic value."
To know more about 'Commodification' , visit: brainly.com/question/13235742
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