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PilotLPTM [1.2K]
4 years ago
5

Suppose gail is willing to pay $89 for a new pair of shoes and karen is willing to pay $60. what is the gain in total consumer s

urplus if the price of the shoes falls from $70 to $50?
Business
1 answer:
OverLord2011 [107]4 years ago
4 0
When answering a question on consumer surplus, follow similar steps as if it were a triangle from geometry class. 1/2 (base)(height).

The consumer surplus if the price of the shoe falls from $70 to $50 is $30. 

The consumer surplus is defined as a measure that people gain from purchasing a good or service. 
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Answer:

The correct option is (c)

Explanation:

A leader who displays directing leader style gives particular instructions to the subordinates and clearly defines roles and tasks assigned to them. He supervises the tasks performed by the subordinates.

The leader makes all decisions and communicate the same to the subordinates so it is a one-way communication as he does not seek feedback from the them.

Here, Barney displays directing leader style as he is more task oriented and not relationship oriented. He has clearly stated the tasks and deadlines to the subordinates.

3 0
3 years ago
Use the following information and the indirect method to calculate the net cash provided or used by operating activities:
IrinaK [193]

Answer:

c. $94,400

Explanation:

Net cash provided or used by operating activities is computed as see below;

Net cash provided or used by operating activities = Net income + Depreciation expense - Gain on sale of land - Increase in merchandise inventory + Increase in accounts payable

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8 0
3 years ago
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Leto [7]

Answer:

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Alimony can no longer be deducted from Janine's AGI, nor it should be included in Will's AGI.

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7 0
4 years ago
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7 0
3 years ago
Read 2 more answers
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postnew [5]
This is a territorial restriction.
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