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2 years ago

Consumer surplus is represented by the area _ the demand curve and _ the price that the consumer pays.

Business

1 answer:

leonid [27]2 years ago

3 0

Answer:

under

above

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

For example, if the willingness to pay for a book is $100 and the price of the book is $50.

Please check the attached image for a diagram showing consumer surplus

Consumer surplus : $100 - $50 = $50

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With recent reports of identity theft, Mr. Adams, the CEO of a construction company, is concerned about his employees' privacy,

Ket [755]

Answer:

Moral Rights

Explanation:

Mr. Adams' concerns with privacy and health and safety are key elements in the <u>Moral Rights</u> approach to deciding ethical dilemmas

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3 years ago

Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 6,620 Cost of goods sold 4,240 Depreciation 355 Earnings before

Mademuasel [1]

Answer:

1.59 times

Explanation:

Average total assets = Beginning total assets + Ending Total assets / 2

Average total assets = 6,470 + 6,705 / 2

Average total assets = $6,587.5

Beginning Total equity = Common stock + Retained earnings

Beginning Total equity = $3,240 + $3,080

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Ending Total equity = Common stock + Retained earnings

Ending Total equity= $880 + $1,130

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Average total equity = $6,320 + $2,010 / 2

Average total equity = $4,165

Equity multiplier for 2017 = Average total assets / Average total equity

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Equity multiplier for 2017 = 1.581632653061224

Equity multiplier for 2017 = 1.5816 times

7 0

3 years ago

In a lease contract, the party to whom the rights to use the asset are granted is called the:____.

lesya692 [45]

A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property

The landlord is the party to the lease who owns the property and leases it to the tenant as a rental property for temporary possession. For example, in a rental house, the landlord is the landlord and the tenant is the tenant.

A lessor is either an individual or a legal entity such as a company or organization. The lessor is always the owner of the property. For example, for a car, the lessor can be the owner or car dealer who rents the car. The lessee is always the person who uses the property temporarily

Learn more about lessors here

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2 years ago

Which is a disadvantage of withdrawing more money than is available in a checking

Nataliya [291]

Answer:

Explanation:

Because you are going over the limit therefore overdrafting money you dont have

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3 years ago

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency i

Crank

Answer:

The answer is B.

Explanation:

Taxes are compulsory payment levied by a government of a country. It is not voluntary.

We have direct and indirect tax.

Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.

Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.

Tax is mandatory for everyone. Its a revenue for government

5 0

3 years ago

Consumer surplus is represented by the area _____ the demand curve and _____ the price that the consumer pays.

Consumer surplus is represented by the area _ the demand curve and _ the price that the consumer pays.