Arthur buys a new cell phone for $150. He receives consumer surplus of $150 from the purchase. What value does Arthur place on his cell phone

Answers

Answer 1

Answer:

$300

Explanation:

Customer surplus may be explained as the additional benefit a customer earns over and above the amount paid. In other words, the amount paid is less than the amount customer is willing to pay for a certain product, hence. The additional benefit derived from paying less is the consumer surplus.

Therefore ;

Consumer surplus = Value - amount paid

From the question :

Consumer surplus = $150

Amount paid = $150

Hence,

Value = Consumer surplus + Amount paid

Value = $150 + $150

Value = $300


Related Questions

The kinds of factors that might be reviewed when considering the "economic" aspect of the pestel include

Answers

The available options are:

A. Changes in disposable income per capita

B. Changes in the average age of different consumer groups

C. Judicial outcomes that impact product liability within an industry

D. The election of a conservative congress

E. Changes in the speed of internet communication capabilities

Answer:

A. Changes in disposable income per capita

Explanation:

Considering the available options, the kinds of factors that might be reviewed when considering the "economic" aspect of the pestel include "Changes in disposable income per capita."

This is because, it is an option that depicts ECONOMIC instead of a socio-cultural, political, or technological factor.

PESTEL is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors.

When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked engineers under the age of 30. The company could not afford to get caught short in this competitive business climate. An important recruitment strategy for the HR director's department was to start attending college fairs as well as considering hiring interns. We define his recruitment efforts as developing relationships with ________ sources. Multiple Choice external internal median civilian

Answers

Answer:

External

Explanation:

Human resources management

This is simply set up and control of formal systems for employee management within an organization.

Recruiting

This is refered to as the ways or process of getting a list of qualified candidates. The aim is to make the organization attractive to qualified applicants.

External Factors Affecting Recruitment

1. Supply and demand- labor market, unemployment rate

2. Social and legal environment

3.Competitors practices

Types of external source of labor

1. Direct recruitment where Informations are displayed on notice board. They are usually low cost.

2. Casual callers: this is simply known as a list of job seekers that is prepared and as the need arises they are called for an interview.

3. Advertisement through Newspaper, advertising etc.

Which regulation primarily cover medical retention standards? AR 40-501 AR 220-1 AR 600-8-1 FM 6-22

Answers

Answer:

The regulation that primarily covers medical retention standards is

AR 40-501

Explanation:

AR 40-501 provides the guidelines for determining the medical fitness of US Armed personnel.  This implies that those who do not meet the requirements are not retained for military services.  The AR = Army Regulation. AR 220-1 deals with the protection of immigrants and refugees.  AR 600-8-1 deals with armed personnel casualties while FM 6-22 is about Army publications.

Carmel was paying premiums for health insurance, but when he had surgery, he was surprised to learn he still owed thousands of dollars to the hospital and medical providers. Carmel is ______.

Answers

Answer:

Underinsured

Explanation:

Carmel was underinsured and that was the reason for his huge debt despite paying premiums for health insurance.

Underinsurance means insufficient insurance coverage.

Underinsurance is situation in which the policyholder is

responsible for a larger percentage of expenses and may lead to financial difficulty.

A company is considering a capital investment of $45,000 in new equipment which will improve production and increase cash flows by $15,000 per year for 6 years. The payback period is years.

Answers

Answer:

3 years

Explanation:

Calculation to determine The payback period

Using this formula

Payback period=Capital investment/ Increase cash flows

Let plug in the formula

Payback period=$45,000/$15,000

Payback period=3 years

Therefore The payback period is 3 years

Which savings account will earn you the most money?

1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.

Answers

Answer:

one that earns simple interest daily

The savings account that earn you the most money is: 3.One that earns simple interest daily.


What is savings account?

Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.

A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.

Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.

Learn more about savings account here:https://brainly.com/question/25787382

Kendra needs to rate five of her subordinates. She make a chart of all possible pairs of employees for each trait being evaluated. Then, she indicates the better employee of each pair with a positive symbol on the chart. Finally, she totals the number of positive symbols for each employee. Which method of performance appraisal has Kendra most likely used?

Answers

Answer:

Paired comparison

Explanation:

PAIRED COMPARISON can be defined as the way or process in which employee are been COMPARED against others employees using a particular traits by making a chart or matrix of all feasible pairs of employees for each trait that was evaluated and by indicating the best employee of each of the pair with either a tick mark or a positive symbol on the chart or matrix in order to determine the best employee.

Therefore the method of PERFORMANCE APPRAISAL that is most likely used is PAIRED COMPARISON

Trish Himple owns a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002. Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on an accrual basis. The income and expenses for the year are:

Answers

Answer:

Trish has income of $211,000

Expenses are $186,000

Explanation:

Income :

Returns and Allowances $340,000

Cost of Goods Sold $326,000

Other deductions $14,000

Gross Profit is $211,000

An individual reports the following capital transactions in the current year: Short-term capital gain $ 1,000 Short-term capital loss 11,000 Long-term capital gain 10,000 Long-term capital loss 6,000 What amount is deducted in arriving at adjusted gross income

Answers

Answer: $6000

Explanation:

The amount that is deducted in arriving at adjusted gross income will be calculated thus:

Short term capital gain = $1000

Less: Short term capital loss = $11000

Net short term loss = -$10000

Long term capital gain = $10000

Less: Long term capital loss = $6000

Net long term gain = $4000

Then, the amount that is deducted in arriving at adjusted gross income will be:

= $10000 - $4000 = $6000

Acme Corp. is conducting a business impact analysis for the threat of ransomware impacting its organization. The company determines that there is a 1 percent risk of a significant ransomware attack in any given year. Overall annual revenue for the company is valued at $10,000,000 and estimates are that a large ransomware attack would cause approximately $1,000,000 in damage. What is the Estimated Threat Impact (ETI) in this scenario? Group of answer choices $1,000,000 $10,000 $10,000,000 $100,000

Answers

Answer: $1,000,000

Explanation:

Risk impact assessment refers to the method of assessing the probabilities of a particular risk and its consequences in case they are realized.

Based on the question, since there's an estimate that a large ransomware attack would cause approximately $1,000,000 in damagez then the estimated threat impact is $1,000,000.

_________ is used to determine the monthly payments due for each internal adjustment period over the remaining life of the loan. Depending on the movement of interest rates and thus the indexes, monthly payments will fluctuate up or down until the loan is either paid off, refinanced, or converted to a fixed rate level annuity payment loan.

Answers

Answer:

The note rate

Explanation:

The note rate is the actual interest rate i.e. applied for determining the monthly payment. Here the annual percentage used is applied in order to compare the borrowed money from the specific lender on the particular transaction. Also in this, the monthly payment would not remain fixed it always fluctated

So it is the note rate situation

Frank is the expert on the credit pricing process. He knows all the ins and outs. His employees just follow his process and are very efficient. His leadership style is

Answers

Answer:

"Autocratic " is the right answer.

Explanation:

An assign responsibility in which one leader is increasingly together all choices and makes a minimal contribution from several other organizational participants.Throughout circumstances where urgent progress can be made as well as risky or time, unfortunately, the same kind of judgment call seems to be acceptable.

The leadership style of Frank is autocratic. Since he is giving orders to his employees without concerning their opinion.

What is autocratic style of leadership?

Autocratic style of leadership can be defined as the style of leadership in which an individual control all the decision and there is a little input from the group members. The autocratic leaders barely take advises from the group members or the followers and all the choices and decisions are exclusively based on their ideas and opinions.

In the given case, Frank knows all the ins and out of the process makes his employees just to follow his orders. Therefore the leadership style adapted by Frank is autocratic.

Learn more about autocratic leadership style here:

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Which of the following sales would be covered by Article 2 of the Uniform Commercial Code? Group of answer choices the sale of intangible goods the sale of tangible goods the sale of real estate the sale of stocks

Answers

Answer:

the sale of tangible goods

Explanation:

Article 2 is applied for the contract that made for selling the goods. the goods that are identifed at the time when the contract is created and could be moved. It mainly deals with the tangible things like computers, cars, pens, etc

The intellectual property and intangible should not be cover in this

Therefore the above should be considered

As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This is an example of the _______ theory.

Answers

Answer:

equity

Explanation:

From the question we are informed about, Marcus who is a manager and very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This case is an example of the equity theory. Equity theory can be regarded as theory that base give explanation or allows to know if the distribution of particular resources is been fair to both involved relational partners.

To measure, Equity the ratio of contributions/cost is been compared with benefits/rewards outing

each person in consideration.

ratio of inputs to that of outcomes gives the structure of equity in a company.

In a fractional-reserve banking system with no excess reserves and no currency holdings, if the central bank buys $100 million worth of bonds, a. both reserves and the money supply increase by more than $100 million. b. reserves increase by $100 million and the money supply increases by $100 million. c. reserves increase by $100 million and the money supply increases by more than $100 million. d. reserves and the money supply increase by less than $100 million.

Answers

Answer:

c. reserves increase by $100 million and the money supply increases by more than $100 million

Explanation:

Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.

People who are not currently employed but say they want a job are counted as unemployed only if they _____

Answers

Answer:

B

Explanation:

a. have previously held a job.

b. are actively seeking employment at least in the past 4 weeks.

c. are only willing to accept a reasonable offer.

d.are more than 21 years of age.

A person is unemployed if she does not have a job but is actively seeking employment

types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

Which of the following statements can correctly be made about illness?

Answers

there is no option can you tell option so I can help

A _____ is a qualified individual who is not actively looking for work but might be interested if the right job comes along.

Answers

Answer:

passive job candidate

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A passive job candidate can be defined as a qualified individual with the requisite experience and academic degree who is not actively seeking for employment (work) but might be interested in taking up one, if the right job comes along. Thus, a passive job candidate isn't actively seeking employment but whom recruiter seeks out and as such may be open to a good career job or relevant opportunities.

An automobile giant headquartered in the United States sells high-end bikes across the world. It wants to enter an emerging market. Customers in the market cannot afford the types of accessories used in the bikes. Thus the regional branch of the organization makes an autonomous decision to remove the accessories and to offer a toned-down version of the bikes to compete in the emerging market. This decision is accepted by the headquarters on the principle that the man on the ground is the best judge of local conditions. The above serves as an example of a(n) ___________.

Answers

Answer:

decentralized organizational structure

Explanation:

A decentralized organizational structure is one where details of daily operations and associated decision making is delegated to middle and low level managers.

Thereby allowing the top management more time for major decisions that affects the company.

In the given scenario the regional branch of the organization makes an autonomous decision to remove the accessories and to offer a toned-down version of the bikes to compete in the emerging market. The decision is accepted by the headquarters on the principle that the man on the ground is the best judge of local conditions.

This is a decentralized organizational structure

what is prospecting?

Answers

Answer:

Prospecting is a search for mineral deposits in a place, especially by means of experimental drilling and excavation.

I hope this helps you!

Explanation:

An unplanned increase in inventories​ _______. A. occurs when real GDP exceeds aggregate planned​ expenditure, so firms decrease production and real GDP decreases B. occurs when real GDP exceeds aggregate planned​ expenditure, so firms increase production and real GDP increases C. occurs when aggregate planned expenditure exceeds real​ GDP, so firms increase production and real GDP increases D. occurs when aggregate planned expenditure exceeds real​ GDP, so firms decrease production and real GDP decreases E. increases​ investment, which increases equilibrium expenditure and real GDP

Answers

Answer: C. occurs when aggregate planned expenditure exceeds real​ GDP, so firms increase production and real GDP increases

Explanation:

When the Aggregate expenditure which is also known as Aggregate demand, exceeds the real GDP, it means that there is more demand for goods in the economy than the economy has currently produced.

Producers would therefore increase their production level in order to meet up with the new demand and return to a level of inventory that they are comfortable with. This increased production was not planned so any inventory it yields is unplanned as well.

Question Mode Multiple Select Question Select all that apply Managers make assumptions in CVP analysis. These assumptions include: (Check all that apply.) Multiple select question. constant variable cost per unit. constant fixed cost per unit. constant sales volume. constant selling price per unit. constant total variable costs. constant total fixed costs.

Answers

Answer:

constant selling price per unit.

constant variable cost per unit.

constant total fixed costs.

Explanation:

At the time when the managers make the assumptions with respect to the Cost-volume profit analysis so the assumptions involved that the selling price per unit, variable cost per unit and the total fixed cost remains unchanged or constant or same

So the above three options are to be considered

True or false. Unintended market conditions, including black markets and shortages, can occur through the price restraint of a price ceiling set above the market-clearing price.

Answers

Answer:

false

Explanation:

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Price floor set above the market-clearing price is non binding

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

When a price, wage, or interest rate is adjusted automatically with inflation, it is said to be __________.

Answers

Answer:

Indexed.

Explanation:

Indexing is the adjustment of amounts of money to an index figure. This often involves adjustment to inflation so that the real amount remains the same, that is, it continues to represent the same average purchasing power. For example, inflation is measured by the consumer price index. This is a weighted average price index of the average household.  Indexation can, for example, apply to wages, pensions, social security, housing rent, alimony, tax credits and fines.

Allocating resources including people, equipment and money to carry out the company’s plans is the _________function of management.

Answers

Answer: Organizing

Explanation:

One of the key functions of management is to organize the resources of the business in such a way that the business is moved forward and its goals are accomplished.

The manager does this by allocating those resources to various plans and projects in an efficient enough manner that would help the company achieve its goals.

Financial Statements of ABC Corp. indicates that ending inventory levels in 2005 and 2006 were $200,000 and $350,000 respectively. Cost of Goods sold for 2005 and 2006 were $1,900,000 and $2,200,000 respectively. Purchases in 2006 were:

Answers

Answer:

Cost of goods purchased= $2,350,000

Explanation:

Giving the following information:

Beginning inventory 2006= ending inventory 2005= $200,000

Ending inventory 2006= $350,000

COGS 2006= $2,200,000

To calculate the purchases for 2006, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

2,200,000 = 200,000 + cost of goods purchased - 350,000

2,200,000 - 200,000 + 350,000 = cost of goods purchased

cost of goods purchased= $2,350,000

Coca-Cola vending machines are found all over the world. The newest machines have an interactive screen that runs advertisements and allows users to obtain free photos of themselves and ringtones after they have bought a drink. Critics of these new vending machines are concerned that entertaining technology is being used to market sugary products. In terms of a SWOT analysis, this concern from outside critics would be an example of a(n):

Answers

Answer:

Threat

Explanation:

From the question we are informed about Coca-Cola who was vending machines are found all over the world. The newest machines have an interactive screen that runs advertisements and allows users to obtain free photos of themselves and ringtones after they have bought a drink. Critics of these new vending machines are concerned that entertaining technology is being used to market sugary products. In terms of a SWOT analysis, this concern from outside critics would be an example of a threat.

SWOT analysis can be regarded as business analysis which make sure that there is definition for objectives of a project and all factors that has relation to the project are properly identified. It encompass four areas, these are

✓Strengths

✓Opportunities

✓ Threats

✓Weaknesses

Threats can be regarded as anything which can destroy ones organization or company or product.

A renter rented a house from a landlord. The renter and the landlord entered into a written lease providing that the renter was to pay a fixed monthly rent plus all taxes. A month later, the renter was offered a job in another state, and the renter assigned her lease to a friend by written agreement. The renter forgot to tell the friend that he was liable to pay the taxes on the residence during the period of the lease. As a result, the friend failed to pay the taxes on the house. The landlord was informed that there was a tax lien on the residence. She paid the lien and brought suit against the friend for the amount. Who will prevail

Answers

Answer:

The landlord, because payment of property taxes touches and concerns the land

Explanation:

Considering the situation described in the question above. It can be concluded that the friend, which in this case is an assignee is considered to be in privity of estate with the lessor, and is responsible for those agreements in the original lease that run with the land.

Hence, the one that would prevail is the "The landlord, because payment of property taxes touches and concerns the land."

Sheila is on a temporary layoff from her automobile factory job but has not looked for work in the last four weeks. The Bureau of Labor Statistics counts Sheila as a. unemployed and in the labor force. b. employed and not in the labor force. c. unemployed and not in the labor force. d. employed and in the labor force.

Answers

Answer:

c

Explanation:

The labour comprises of those who are able to work. it includes those who are employed and those who are not employed

An individual is considered unemployed if she is without a job and has been searching for a job in the last 4 weeks. Sheila is not in this category and thus she is not considered unemployed.

types of unemployment

1. structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

2. Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

3. Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

4. Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

evaluate the failure of Apple at meeting customer needs​

Answers

Answer:

lol

Explanation:

i need points

Lol same hahahahahaha
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