Business, 01.02.2021 22:10 BlueWaaaazzzBerry
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither.
Statement Consumer Surplus Producer Surplus Neither
Even though I was willing to pay up to $49 for a jersey sweater, I bought a jersey sweater for only $39.
I sold a used laptop for $106, even though I was willing to go as low as $100 in order to sell it.
I sold a watch for $52 on eBay last week. This week, someone offered me $110 for
Answers: 3
Business, 22.06.2019 17:30
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
Business, 22.06.2019 17:40
Because the demand for wheat tends to be inelastic. true or false
Answers: 1
Business, 22.06.2019 21:40
Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.
Answers: 3
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
Identify whether each of the following statements best illustrates the concept of consumer surplus,...
Geography, 02.04.2020 23:57
Physics, 02.04.2020 23:57
Health, 02.04.2020 23:57
Mathematics, 02.04.2020 23:57
Law, 02.04.2020 23:57
English, 02.04.2020 23:58
Biology, 02.04.2020 23:58
History, 02.04.2020 23:58
Mathematics, 02.04.2020 23:58
Mathematics, 02.04.2020 23:58
English, 02.04.2020 23:58