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matrenka [14]
2 years ago
9

The current price for a good is ​$​, and units are demanded at that price. The price elasticity of demand for the good is . When

the price of the good drops by percent to ​$​, consumer surplus _______ increases decreases by ​$ nothing. ​(Enter your response to the nearest​ penny.)
Business
1 answer:
Harman [31]2 years ago
3 0

Answer:

Consumer surplus decreases by $180.

Explanation:

Current consumer surplus =  $25 * 90 unit = $2250

If the price of goods drop to $23 then the new consumer surplus will be

$23 * 90 units = $2070

The change in consumer surplus is $180 .

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One of the first technologies to truly revolutionize the business use of information was a stone tablet.
denis23 [38]

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

3 0
2 years ago
A country implements policies that are expected to increase taxes by €100 million, increase government spending by €50 million,
Bezzdna [24]

Answer:

A) Increase by 50 million

Explanation:

A is correct.

Below is the current account balance calculation

CA = Sp -I + (T-G- R)

CA stands for Current account balance

Sp stands for Private sector savings

I is Investments, T = Taxes

G represents government spending's, whereas R = Transfers

CA = -25-(-25) + ( 100-50-0 ) = 50, increase by 50 million euro

5 0
3 years ago
Aside from targeting Verizon customers, Sprint could pursue __________, as they make up the largest group to use mobile devices
stich3 [128]

Answer:

The correct answer is letter "C": Hispanic Americans.

Explanation:

Hispanic Americans represent the second largest ethnic group in the United States with 52 million people according to the U.S. Census Bureau (2010), which is 16.7% of the total population. Hispanic Americans are the largest group using mobile devices for different purposes that go from banking to streaming services. It is estimated that around 47 million of them are U.S. citizens.

In such a scenario, <em>mobile carriers such as Sprint, AT&T or U.S. Cellular should focus on how to provide them with services that attract Hispanic Americans' attention so those companies can boost their sales.</em>

4 0
3 years ago
What percentage of the net income earned in the United States is generated by corporations? A. 28 percent B. 45 percent C. 60 pe
avanturin [10]
Answer would be %60.
7 0
2 years ago
Read 2 more answers
How do you compute net income for a merchandiser. Multiple choice question. Revenues - expenses. Net sales - cost of goods sold.
tester [92]

Answer:

Net income for a merchandiser is computed as:

Net sales - cost of goods sold - other expenses.

Explanation:

Net sales are the sales revenue after deducting sales discounts and allowances.  The cost of goods sold represent the beginning inventory of merchandise and current period's purchases less the ending inventory.  The difference between the net sales and the cost of goods sold is called the gross profit.  From this, other expenses incurred in running the business and generating sales are deducted, including income taxes to arrive at the net income.

7 0
3 years ago
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