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ioda
2 years ago
12

"The minimum acceptable price for a product that producer Sam is willing to receive is $15. The price he could get for the produ

ct in the market is $18. How much is Sam's producer surplus?"
Business
1 answer:
mars1129 [50]2 years ago
7 0

Answer:

Sam's producer surplus is $3

Explanation:

A producer surplus is the difference between the amount a producer is willing to sell a product for and the price of the product in the market that consumers are willing to pay if the consumer price is higher.

Mathematically, it is represented as; market price - willing price

= 18 - 15 = $3.

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Answer:

B. Digital Technologies

Explanation:

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2 years ago
Select the correct answer
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option. C. $50

Explanation:

Your loss is limited to $50 if you notify your financial institution within two business days after learning of the theft.

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2 years ago
In an Apple market-product grid for its personal computer line, the professional segment of medium/large businesses seems willin
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Answer:

Marketing synergies

Explanation:

Marketing synergies refers to the combination of two or more marketing initiatives that produces an effect that is greater than the sum of the results of implementing each of them alone. Also, this helps to save money by combining the efforts. According to this, the answer is that this allows Apple to enjoy cost savings due to marketing synergies because the professional segment of medium/large businesses is interested in purchasing all of the items in the product line which allows to create synergies.

4 0
3 years ago
When an offeree changes the terms of an offer, it is called a counteroffer. What happens
Amanda [17]
<h2>Original offer becomes void (nothing).</h2>

Explanation:

Counteroffer: The original offer would have been either rejected or modified with new one.

This gives the original offeror three options:

  • accept the counteroffer,
  • reject it, or
  • make another offer.

Example:

When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".

7 0
3 years ago
It is important to identify and use only incremental cash flows in capital investment decisions:A) because they are the simplest
abruzzese [7]

Answer:

C) because ultimately it is the change in a firm's overall future cash flows that matter.

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Under capital budgeting decisions, decisions are made with respect to addressing the questions like what is the benefit of selecting the project and investing on it.

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In simplest terms additional cash flows.

8 0
3 years ago
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