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3 years ago

As a consumer, why is it good for us when a store has a surplus of an item we want?

Business

2 answers:

klemol [59]3 years ago

4 0

Answer:

A lower consumer surplus leads to higher producer surplus and greater inequality. Consumer surplus enables consumers to purchase a wider choice of goods.

AVprozaik [17]3 years ago

3 0

Answer:

Usually prices are lower when you have a surplus amount of an item. However, if there was a low amount of one item the price would be extremely high and competitive. Hope that helps!!!

Explanation:

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Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to as

lakkis [162]

Answer:

8.10 Percent

Explanation:

= 0.12 * (6% + 1.50%) * 9

= 8.10%

5 0

3 years ago

Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million

Sauron [17]

Provo's free cash flow for 2008 is $2,600,000

Income Statement

Revenue $10,000,000

Operating expenses - $5,000,000

Depreciation - $1,000,000

EBIT $4,000,000

Interest expenses - $0

Taxes - $1,600,000 (40% * $4,000,000)

Net Income $2,400,000

Depreciation +$1,000,000

Operating cash flow $3,400,000

Free cash flow = Operating Cash flow - Purchase of equipment - Increase in Inventory

Free cash flow = $3,400,000 - $500,000 - $300,000

Free cash flow = $2,600,000

See related question on this here brainly.com/question/10705084

5 0

3 years ago

Amy borrowed $10,500 to purchase a new Toyota Yaris and agreed to pay back $14,320 in

OleMash [197]

Answer: 60.36%

Explanation:

Interest = Amount - Principal

= 14320 - 10500

= 3820

Time = 220 days

Rate = Unknown

Interest = PRT/100

3820 = (10500 × R × 220/365)/100

3820 = (10500 × R × 0.6027397)/100

3820 = 6328.7671R/100

Cross multiply

3820 × 100 = 6328.7671R

R = 382000/6328.7671

R = 60.36%

The ordinary interest rate was 60.36%

6 0

3 years ago

Robert treats coffee and creamer as perfect complements and has very specific requirements for the ratio of creamer to coffee. H

diamong [38]

Answer:

a. Robert's optimal consumption bundle contains 9.18 cups of coffee and 45.88 packets of creamer.

b. Zero packets of creamer is the substitution effect.

Explanation:

a. Suppose that Robert has $39.00 to spend on coffee and creamer. His optimal consumption bundle contains _______cups of coffee and _________

The consumption ratio can be stated as follows:

5 Creamer = 1 cup of coffee

Budget line has an equation can also be given as follows:

B = (Pm * Qm) + (Pf * Qf) ...................... (1)

Where;

B = Budget = The amount Robert has to spend on coffee and creamer = $39.00

Pm = Price of creamer = $0.25

Qm = Quantity of creamer = ?

Pf = Price of coffee = $3.00

Qf = Quantity of coffee = ?

39 = (0.25 * Qm) + (3 * Qf)

39 = 0.25Qm + 3Qf

Since "5 Creamer = 1 cup of coffee". This also implies thal 1 creamer = 1 / 5 cup of coffee. Therefore, we have;

39 = 0.25Qm + (3 * 1/5 * Qm)

39 = 0.25Qm + (3/5)Qm

39 = 0.25Qm + 0.60Qm

39 = 0.85Qm

Qm = 39 / 0.85

Qm = 45.88

Qf = 45 / 5 = 9.18

Therefore, Robert's optimal consumption bundle contains 9.18 cups of coffee and 45.88 packets of creamer.

b. Now, suppose that the price of creamer rises to $0.50 per packet. What is the substitution effect of this price change?

Since Robert treats coffee and creamer as perfect complements, this implies that there there is nothing like substitution effect under this condition.

Therefore, zero packets of creamer is the substitution effect.

6 0

3 years ago

You are the executive director of a nonprofit that runs an animal shelter and animal services, such as low-cost spay/neuter prog

EleoNora [17]

Answer:

Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.

Explanation:

A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:

1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.

2) A good leader must be able to inspires others.

3) A leader must lead with honesty.

4) A leader must be able to make good decisions.

5) A good leader should be able to account for his/her various activities.

8 0

4 years ago