subject
Business, 12.07.2021 19:40 mommy562

There are four consumers willing to pay the following amounts for an electricâ car: Consumerâ 1: Consumerâ 2: Consumerâ 3: Consumerâ 4: â$â60,000 $50,000 $90,000 $30,000 There are four firms that can produce electric cars. Each can produce one car at the followingâ costs: Firmâ A: Firmâ B: Firmâ C: Firmâ D: â$30â,000 â $80â,000 â $â40,000 â $â50,000 Each firm can produce at most one car. Suppose we wanted to maximize the difference betweenâ consumers' willingness to pay for electric cars and the cost of producing thoseâ cars; thatâ is, we wanted to maximize social surplus. We should produce nothing electric cars. Why is the equilibrium price in this market $50,000? A. At this price, the quantity demanded (three cars) equals the quantity supplied (three cars) B. At this price, three consumers are willing to buy an electric car and three firms are willing to sell an electric car C. At $50,000, three consumers have reservation values equal to or above $50,000 and three firms have reservation values equal to or below $50,000 D. All of the above.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.
Answers: 2
question
Business, 22.06.2019 08:30
An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)
Answers: 1
question
Business, 22.06.2019 12:30
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer
Answers: 3
question
Business, 22.06.2019 12:50
Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)
Answers: 1
You know the right answer?
There are four consumers willing to pay the following amounts for an electricâ car: Consumerâ 1: Con...
Questions
question
Mathematics, 18.08.2020 23:01
question
Biology, 18.08.2020 23:01
question
Mathematics, 18.08.2020 23:01
Questions on the website: 13722367