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guajiro [1.7K]
3 years ago
7

After 8 years of working for a company that installed underground sprinkling systems for golf courses, Jake was ready to venture

into his own business. As he prepared his SWOT analysis, he evaluated where he stood at this time. He was fortunate to have $100,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as __________. Multiple Choice three opportunities and one threat two strengths and one opportunity two strengths and one threat three opportunities and one weakness
Business
1 answer:
Shkiper50 [21]3 years ago
7 0

Answer:

two strengths and one threat

Explanation:

Since in the given situation it is mentioned that that Jake was fortunate to have $100,000 financing also the skilled installers are willing to work but at the same time he was aware that the new construction was all time low

So here there are two strengths and one threat

In this way the events are categorized

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When this market is in equilibrium, price is $ $6 and quantity bought and sold is 300 units. In equilibrium, consumer surplus is
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Answer: hello your question is incomplete attached below is the missing information

Answer :

$900

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quantity demanded = 400 units

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Explanation:

Consumer surplus ( area below demand curve and above $300  

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producer surplus ( area above supply curve and below $300

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<u>Given the new price of $4 by Government </u>

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Consumer surplus ( area of triangle + area of rectangle )

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= 0.5 * 150 * ( 3 ) + 150 * ( 9 - 4 )  = $975

producer surplus ( Area of triangle )

= 0.5 * 150 * (4-2) = $150

deadweight loss ( area of triangle )

= 0.5 * ( 300 - 150 ) ( 9-4 )

= $375

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