1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gekata [30.6K]
2 years ago
6

If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.

Business
1 answer:
olga_2 [115]2 years ago
7 0

With the price increase in tutoring from $5 to $15, producer surplus increases by <u>$10</u>.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive.  It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

Learn more about producer surplus at brainly.com/question/7622454

You might be interested in
Based on what you see in the employee complaint log, what type of culture has HydroHealth been exhibiting? Servant? Equity? Clan
Butoxors [25]

Based on the record of employee complaints, it is correct to say that the HydroHealth company is exhibiting the market culture.

<h3 /><h3>What is market culture?</h3>

It corresponds to an organizational culture based on competitiveness in the internal and external environment, that is, competitiveness is also encouraged among employees, being a more aggressive model of culture.

Therefore, the market culture can generate some disadvantages, such as increased employee turnover and task overload, increasing conflicts and negatively impacting the perception of work.

Find out more about organizational culture here:

brainly.com/question/26965722

3 0
2 years ago
You have just won the multi-state lottery jackpot of $500,000,000! you have the option of receiving a check for $25,000,000 ever
tekilochka [14]

(10,000,000) / (20) = 500,000

(10,000,000) * (0.069) = 690,000 in taxes.

So (10,000,000) - (690,000) = 9,310,000 in a lump sum.

In 20 payments it would be $500,000 minus the taxes.

($500,000) - [(690,000)/(20)]

($500,000) - [$34,500] = $465,500

One lump sum would be $9,310,00. If they don't charge you taxes if you get the 20 payments per year, you would get $500,000. If you're charged taxes you'd get $465,500 per year.

6 0
3 years ago
The most common source of business system failure is:
Inessa [10]
<span>

The most common source of business system failure is : B ) data quality

-Hope this helps.</span>
4 0
3 years ago
Which of these headlines represents institutional advertising?
yulyashka [42]

Answer:

D

Explanation:

they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.

6 0
3 years ago
Read 2 more answers
The Laramie Company operates a consulting practice. New clients are required to pay the firm in two transactions. First, clients
ch4aika [34]

Answer:E

Explanation:Debit the cash account for $200, Debit the prepaid service account for $1,800 and credit the service Revenue account for $2,000

with the above breakdown, we have been able to account for the 2 payment tranches that comprises the sales/ revenue per client.

3 0
3 years ago
Other questions:
  • Paparo Corporation has provided the following data from its activity-based costing system:
    13·1 answer
  • Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Product # 874) has a cost of $76
    5·1 answer
  • The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for custo
    6·1 answer
  • A monopolistic competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixed co
    5·1 answer
  • "New Millennium Enterprises institutes a training program that teaches employees how to treat customers with respect. Three week
    5·1 answer
  • each of the following inventors developed machinery that would lead to the increased productivity of farmers between 1790 and 18
    10·1 answer
  • Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters
    15·1 answer
  • You want to go the Six Flags amusement park. The ticket price to enter and enjoy the rides in Six Flags is $65. You live in Rich
    8·1 answer
  • Answer the question on the basis of the following two schedules, which show the amounts of additional satisfaction (marginal uti
    13·1 answer
  • in online rental scams, con artists fraudulently rent out a property they don't own and collect the funds. where do they get the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!