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kow [346]
2 years ago
12

Chin purchases five protein bars at a price of $3 each. The marginal benefit he receives from each bar is $5 for the first bar,

$4.50 for the second bar, $4 for the third bar, $3.50 for the fourth bar, and $3 for the fifth bar. The marginal cost of producing the bars is $2 each. What is Chin's total consumer surplus from the five bars that he purchased
Business
1 answer:
Juli2301 [7.4K]2 years ago
7 0

Answer:

$5

Explanation:

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The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects tha
Vika [28.1K]

Answer and Explanation:

a. The computation of the current price per share is shown below:

Current price per share = Value of Firm  ÷ Number of stock outstanding

where,

Value of Firm is

= $800,000 ÷ 1.13 + $1,250,000  ÷ 1.13^2

= $1,686,897.96

And, the number of outstanding shares is 35,000 shares

So, the current share price is

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= $48.20

c. The computation of the shares of stock sold is shown below:

No of shares of stock must be sold is

= ($910,000 - $800,000) ÷ 48.20

= $2,282.16

c. The computation of the new price per share of stock is shown below:

Current price per share = Value of Firm  ÷ Number of stock outstanding

where,

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= $910,000 ÷ 1.13 +  $1,250,000 ÷ 1.13^2

= $1,784,243.09

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So, the current share price is

= $1,784,243.09  ÷ 35,000 shares  + $2,282.16

= $47.86    

5 0
3 years ago
Suppose that the money demand function is (M/P)d=1000-200r where r is the interest rate in percent. The money supply M is 1200 a
tatyana61 [14]

Answe and Explanation:

b) To find out the equilibrium interest we will equate the money demand function with the money supply:

1000 - 200(r) = 1200/2

r = 2%

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The equilibrium interest would be:

1000 - 200(r) = 700

r = 1.5%

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d) The supply of real balances would be 1600/2 = 800

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Reduce the money supply if the interest is increase from 2% to 5%

a) Picture is attached.

6 0
3 years ago
Franchise fees should be recognized 1. on the date the contract was signed. 2. when performance obligations are satisfied. 3. on
Snezhnost [94]

Answer:

2. when performance obligations are satisfied.

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Franchise fee is paid to the franchisor to become part of the franchise.

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What are some ways Panera bread earns the trust of its public?
ohaa [14]
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Flura [38]

Answer:

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