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Zielflug [23.3K]
3 years ago
14

In the market for a particular pair of shoes, jena is willing to pay $75 for a pair, while jane is willing to pay $85 for a pair

. the actual price that each has to pay for a pair of these shoes is $65. what is the total amount of the two girls' combined consumer surplus?
Business
1 answer:
Kaylis [27]3 years ago
7 0

To solve for the consumer surplus, the formula is;

Consumer surplus = total value – actual value

If jena is willing to pay for $75 then = $75 – $65 = $10

If Jane on the other hand is willing to pay for $85 then = $85 - $65 = $20

To combine the amount of Jena and Jane to be able to get both of their consumer surplus,

= $10 + $20 = $30

The combined amount of consumer surplus of Jena and Jane is $30.

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Yes, Rawls could collect.

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It is possible that Rawls collects damages due to negligence. This is due to the fact that the main cause of the accident was not substantiated by the Progressive Northern Insurance Company. The company claimed that the accident could have been caused by a series of events and the company was also not certain about the main cause of the accident.

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6 0
3 years ago
The amount of the average investment for a proposed investment of $191,000 in a fixed asset with a useful life of 4 years, strai
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$30300
Annual depreciation = (purchase price - salvage value) / useful life
Straight line depreciation = Annual depreciation / (purchase price -salvage value)
The steps in calculating a straight line depreciation are:
Find out how much the asset costs.
To determine the entire depreciable amount, deduct the asset's estimated salvage value from the asset's purchase price.
Find out how long the item will be useful.
To calculate the annual depreciation amount, multiply the total from steps (2) and (3) by the figure determined in steps (3).
i.e, = $191000-$30300 = $160700
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The correct answer is True.

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In other words, the non-systematic risk arises from the uncertainty surrounding a company due to the development of its business, either due to the company's own circumstances or those of the sector to which it belongs. Examples of these events can be bad business results, the signing of a large contract, worse than expected sales data, a new product of the competition, discovery of fraud within the company, a bad management of its managers, etc.

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