subject
Business, 07.03.2020 06:30 raywils0n12300p0t3yc

For each scenario, decide whether it creates a producer or a consumer surplus. then, calculate the ensuing surplus. alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. she selects and purchases a pair of jeans which cost $35 pre-discount. alice experiences a alice's surplus: $ jeff finds some steaks for $16 for which he would have been willing to pay $20 . the butcher notices the meat is near the expiration date and gives him an extra 75 % off. jeff experiences a jeff's surplus: $ nicole has a hockey puck from the 2018 winter olympic games and puts it up for sale on ebay. she will only sell the puck if the winning bid is greater than or equal to $500 . after bidding closes, the last bid stands at $501 . nicole experiences a.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
question
Business, 23.06.2019 01:10
Atariff on avocadoes the price of avocadoes, consumers' surplus for avocado buyers, producers' surplus of avocado growers and tariff revenue. because the loss to is more than the gain to there is a net loss to society.raises; decreases; increases; generates; consumers; producers and government raises; increases; decreases; does not generate; producers and government; consumers lowers; increases; decreases; does not generate; producers and government; consumers raises; increases; decreases; generates; producers; consumers and government
Answers: 2
question
Business, 23.06.2019 02:00
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
You know the right answer?
For each scenario, decide whether it creates a producer or a consumer surplus. then, calculate the e...
Questions
Questions on the website: 13722359