If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus is

Answers

Answer 1

Answer:

$2,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$30,000-$28,000

Consumer surplus=$2,000

Therefore consumer surplus is $2,000


Related Questions

Earline rented a drilling machine from Quatero Rental Corp. While Earline was drilling as instructed by the product manual, the drill bit snapped and injured her seriously. A thorough examination of the broken drill bit showed that it had a flaw that caused it to snap under intense heat or pressure. Under these circumstances, Quatero will _____.

Answers

Answer:

The options are

A. be held liable for Earline's injuries because a bailment for the sole benefit of the bailee was created

B.be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect

C.not be held liable for Earline's injuries because both Quatero and Earline share mutual benefits from the bailment

D.not be held liable for Earline's injuries because it is a private contract carrier and is held to a lower level of responsibility

The Answer is B. be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect

The drilling machine having a fault and Quatero Rental Corp. being aware of it and not telling Earline about it means the company is at fault and will be held liable for any form of injury or death it poses. This is because it’s their responsibility to ensure goods and services being rendered are safe for use and consumption and it applies to all companies.

In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, what would happen to private and national saving

Answers

Answer:

private saving would rise and national saving falls

Explanation:

private saving is income - consumptiioon= Y-C

if consumption c falls, private saving is going ton rise

public saving is T-G

as G goes up, T-G which is public saving would reduce or fall.

Given that the fall in c is smaller than the rise in G, the rise in private saving would smaller than the fall in public saving.

national saving  is change in private saving + change in public saving

given that  change in private saving is less than that of public saving, national saving would be negative.

You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do

Answers

Answer: Ensure that the advertisements indicate it is an educational event

Explanation:

Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.

When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed

Sun Petroleum Corp. recently moved its operations from Galveston, Texas, to Somalia. The decision to move was the result of new federal regulations regarding clean air standards that all petroleum corporations are subjected to. A critic of globalization would say this example demonstrates what concern

Answers

Answer:

Facilities in advanced nations are moving to less developed countries that have lower environmental regulations.

Explanation:

The move from Texas to Somalia seem to be one which aimed at allowing the company to operate under less strict regulations especially legislations regarding environmental pollution and degradation owing to ozone layer depletion and climate change resulting from high carbon emission. Petroleum processing generates a lot of carbon and strict federal regulations have been established in other to control emission in most developed countries such as Texas where Sum petroleum operates. Therefore Sun petroleum's move to Somalia will be seen as one which is aided by the company's desire to operate under less strict environmental guidelines.

HP has launched a new laptop computer with a bigger monitor and keyboard with larger letters. The company uses this model to target senior communities. The company targets 13 cities in the United States with high populations of seniors. This scenario exemplifies which type of market segmentation

Answers

Answer:

Geodemographic segmentation  

Explanation:

Dividing potential customers into groups based on their lifestyles

Derrick has accepted a job in another state. His wife, who is not employed, is not happy about moving but doesn't have a choice. This is an example of:

Answers

Answer: A Fate control

Explanation:

Fate control is used to describe a situation where one person controls how the life of another person will go or rather their fate. This is very prevalent in relationships where a person is the sole breadwinner or in relationships where a person is the legal guardian of another.

The breadwinner or the guardian has fate control over those depending on them. In this case, Derrick has fate control over his wife as his activities such as taking a job in another state, dictate what his wife is to do which is to follow him to that state.

Long-term orientation encourages ______. a.neither thrift nor spending b.spending c.both thrift and spending d.thrift

Answers

Answer:

d

Explanation:

If a person has a Long-term orientation, they are more likely to save more than spend more. This is because they would be more concerned about meeting future expenses.

On the other hand, a short-term orientation encourages thrift

For example a person whose goal is to become a doctor is more likely to save than a person with a terminal illness with weeks to live

Margo is purchasing a home for $520,000. The property appraised at $550,000 and Margo is financing $416,000. What's the loan-to-value ratio

Answers

Answer:

Loan-to-value ratio = 0.8

Explanation:

Given information:

Purchase cost of house = $520,000

Property appraised value (House value) = $550,000

Margo finance (Loan amount) = $416,000

Find;

Loan-to-value ratio

Computation:

Loan-to-value ratio = Loan value / Purchase cost

Loan-to-value ratio = Margo finance (Loan amount) / Purchase cost of house

Loan-to-value ratio = 416,000 / 520,000

Loan-to-value ratio = 0.8

what are the types of cheque​

Answers

Answer:

Bearer Cheque.

Order Cheque.

Crossed Cheque.

Open Cheque.

Post-Dated Cheque.

Ante Dated Cheque.

Stale Cheque.

Traveler's Cheque.

Answer:

hey mate plz mark it as brainliest

Explanation:

Bearer Cheque.

Order Cheque.

Crossed Cheque.

Open cheque.

Post-Dated Cheque.

Stale Cheque.

Traveller's Cheque.

Self Cheque.

You, the manager of an electronics store, have asked the salespeople in the camera department and the computer department to come up with regular, weekly ideas about how to increase sales. However, you have asked the people in the camera department to think of ideas independently, whereas you have asked the people in the computer department to get together every week and brainstorm. You should expect, after several weeks of this, that ____.

Answers

Answer:

A. the camera group will come up with more ideas, but the computer group will have a stronger group bond.

Explanation:

As a manager you have asked to the sales people that come with ides with respect how to increase the sales on weekly basis and at the same time you ask with the camera department to think independently while for computer department there should be get together so after several weeks we expected that the camera group should come with more ideas while on the other hand, the computer group created the strong bond in a group

You should expect, after several weeks of this, that the camera group will come up with more ideas, but the computer group will have a stronger group bond.

In many firms, the sales manger's ability to produce results through his salespeople determines the effectiveness of the marketing campaign. The difference between a good sales manager and one who is not can make a big difference in sales, earnings, and whether or not a marketing program pays off.

To know more about mangers, refer to the link:

https://brainly.com/question/15093168

What is offshoring and why is it a cause of structural unemployment in the United States?
A. It is when new resources replace old resources which leads to shutting down mines and plants.
O
B. It is when consumers stop buying one product in favor of another which means eliminating factories.
о
C. It is when new inventions and ideas push out older ways of doing things which means closing markets.
O
D. It is when companies relocate facilities to countries where costs are lower which means relocating jobs.

Answers

Answer:

O D. It is when companies relocate facilities to countries where costs are lower which means relocating jobs.

Explanation:

Offshoring is when companies make foreign countries their company's base. In other words, we can say offshoring is the practice of placing one's company based in other countries. Like, when US-based companies are based in India, that means offshoring.

This professional practice is an example of structural unemployment in the US because it means relocation of the jobs, thereby resulting in employees moving to the "offshore" base.

Thus, the correct answer is option D.

What is NOT an aspect of agile and dynamic business processes? a) Developed to assist in incremental process improvement d) Change requires significant redesign work e) Quick to support shifting business requirements c) Allows for firms to take advantage of the newest innovations b) Relies on an advanced degree of information technologies

Answers

Answer:

d) Change requires significant redesign work

Explanation:

It is correct to say that work redesign is not an aspect of agile and dynamic business processes, as it is a process of molding work functions, which can occur gradually according to new technologies and internal and external changes of the organizational environment.

The work redesign will reorganize the work in an organization, which can be a positive point that helps the company to update itself on the best practices and work processes, but it requires constant efforts by the organization in relation to training and adaptation of employees, which can be a long process for organizations.

The location-specific advantages argument associated with John Dunning helps explain why firms prefer FDI to licensing or to exporting. True False

Answers

Answer:

false

Explanation:

False. The location-specific advantages argument associated with John Dunning does help explain the direction of FDI. However, the location-specific advantages argument does not explain why firms prefer FDI to licensing or to exporting.

quizlet

Prior to recording adjusting entries, the office supplies account had a $360 debit balance. A count of the supplies showed $105 of unused supplies remaining. The required adjusting entry is

Answers

Answer:

debit Office Supplies Expense, $255; credit Office Supplies, $255.

Explanation:

Based on the information given the required Appropriate adjusting journal entry is:

Debit Office Supplies Expense $255

Credit Office Supplies $255

($360-$105)

If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as (M - X) - S

Answers

Answer:

False

Explanation:

If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as S + (M - X) = I + (G - T)

Where S = Private sector saving.

I= Private sector investment.

G= Government spending.

T=Government income, i.e. tax.

X =Exports.

M=Imports.

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Answers

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

Required-: JOURNAL ENTRY (ACCOUNT)
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque please help Me with this. I'm still confused in it.

Answers

- Hey there , ronisha!

Answer:

[tex] \large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}[/tex]

[tex] \large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} : [/tex]

Full settlement generally means DISCOUNT ALLOWED.

Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000.

You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side.

Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side.

Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!

- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)

Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be

Answers

Answer:

$35,000

Explanation:

net operating income under variable costing would be calculated by preparing income statement under variable costing.

Smith Company

income statement under variable costing system

Sales (7,500 x $40)                                                          $300,000

Less Cost of Sales (7,500 x $18)                                     ($135,000)

Contribution                                                                       $165,000

Less Expenses

selling and administrative expense ($4 x 7,500)            ($30,000)

fixed overheads :

manufacturing                                                                   ($80,000)

selling and administrative expense                                 ($20,000)

Net Income                                                                         $35,000

Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in the millions. Not in the labor force 45 Unemployed 7 Total population 45 Employed 95 Discouraged Workers 3 The labor force is __________ Group of answer choices

Answers

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

when a company following a differentiation strategy ensures that the higher price it charges for its higher quality is not priced too far about the price of competition, the company is using the process of

Answers

Answer:

cost proximity.

Explanation:

Cost proximity is a strategy that some organizations can follow to conquer the market. The strategy consists of offering differentiated products with more added benefits than competitors that use a mass product strategy, but without the price of their differentiated product being much higher than those of competitors. With this, the company is able to reach more consumers who perceive greater added benefit from purchasing a differentiated product at a price not much higher than a standard product.

Companies that use this strategy use a configuration of their value chain that allows for gains of scale that allow them to pass on a better price to the consumer without loss of profitability

When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.

Answers

Answer:

economic

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in

In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.

Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.

Bonita Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24700 pairs of shoes: Fixed Manufacturing Costs, $12300 and Variable Manufacturing Costs, $14.00 per pair of shoes. If Bonita Manufacturing makes 20900 pairs of shoes this month, what are the total budgeted manufacturing costs for the month

Answers

Answer:

the  total budgeted manufacturing cost is $292,600

Explanation:

The computation of the total budgeted manufacturing cost is shown below;

Total Budgeted Costs = Fixed Costs + Variable costs

= $12,300 + $292,600

= $304,900

Total Variable costs = Variable Cost Per Unit × Activity Level

= $14 × 20,900

= $292,600

Hence, the  total budgeted manufacturing cost is $292,600

A company is considering two investment projects. Both have an initial cost of $50,000. One project has even cash flows and the other uneven cash flows. Which evaluation method would be most appropriate

Answers

Answer:

Net present value

Explanation:

From the question we are informed about A company who is considering two investment projects. Both have an initial cost of $50,000. One project has even cash flows and the other uneven cash flows. The appropriate evaluation method would be Net present value.

Net present value (NPV) can be regarded as difference that exist between the present cash outflows value as well as present cash inflows value in particular period of time. NPV can be engaged in capital budgeting as well as investment planning so that the profitability of a projected investment as well as a project can be analysed.

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of ______ strain.

Answers

Answer:

physiological

Explanation:

From the question we are informed about an instance whereby, After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of physiological strain.

physiological strain can be regarded as one that contains of at least two stressors, these stressors can be inform of pulling an individual in different directions or pushing in different directions. It is possible for someone to have numerous stresses experience but not numerous strains. Strain can as well be regarded as excessive exertion, it can be undue extension of muscles.

.

evaluate the failure of Apple at meeting customer needs​

Answers

Answer:

lol

Explanation:

i need points

Lol same hahahahahaha

A proposed area rezoning amendment will change land use from residential to manufacturing. Several homes are already located within the area proposed for rezoning. If the current zoning is amended, the residences will probably

Answers

Answer:

Become a preexisting nonconforming use

Explanation:

Zoning

This is simply defined as a known form of work or exercise of power which is in relation to the health, safety, welfare, and morals of the public and cannot be unreasonable or arbitrary .

The reason for zoning is territorial division that is in line with the character of the lands and structures and their unique usefulness for particular uses, and uniformity of use within the division.

Rezoning

This is simply defined as the altering (changing) the zoning classification to allow new and for different uses. It can be said to be adminstrative or legislative.

Zoning Challenges includes:

1) It does not conform to General Plan

2) There is no authority to regulate

3) Spot Zoning

4) Contract Zoning & Development Agreements etc.

Pre-existing Legal/Nonconforming Uses

The Pre-existing legal uses of land is said to be valid after a zoning change. Non-conforming uses may be iincreased or intensified only if they highly/adversely affect the community. They cannot be enlarged or changed.

Although monetary policy cannot reduce the natural rate of unemployment, other types of government policies can. a. True b. False

Answers

Answer:

False

EXPLANATION:

On March 7, a buyer and a seller execute a contract for the purchase of the seller's property. Closing is set for June 10. On April 15, the property is struck by lightning and destroyed by the resulting fire. If the Uniform Vendor and Purchaser Risk Act has been adopted by the state in which the property is located, which party bears liability for the loss?

Answers

Answer:

Under the act, the seller bears the loss alone.

Explanation:

Since in the given question it is mentioned that on march 7 the buyer and seller comes into the contract and on April 15 the property is destroyed so as per the given act, here the seller party bears the liability for the loss alone as he is full responsible of it also the closing is to be on June 10

Therefore the above should be the answer

If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so actual inflation ________ expected inflation. contractionary; will be equal to expansionary; will be less than expansionary; will be equal to contractionary; will be less than expansionary; will be greater than

Answers

Answer:

expansionary; will be equal to

Explanation:

Remember, monetary policies are basically divided into:

expansionary monetary policy, andcontractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

Other Questions
Terra Corp. is incorporated in Florida with its principal office in Destin. Phyllis is the president of Terra Corp. and owns 51% of its shares. A potential buyer approached Phyllis with an offer to purchase her shares. The buyer offered Phyllis an additional bonus if Phyllis would step down from her office as president. Phyllis approached her attorney to determine whether the agreement to sell her shares is valid. The attorney should advise Phyllis that: Based on what you've learned here about the Barnum effect and common biases found in research, which of the following is likely a limitation of studies or demos like this that involve surveys and self-reporting? a. People don't always tell the truth or tend to exaggerate or downplay aspects of their lives. b. People often tell researchers what they think these authority figures want to hear, based on their assumptions about the study in which they're participating c. Subjects are not randomly chosen and assigned to groups (as in more formal and rigorous Setups), but instead choose to participate in the activity, which is called self-selection bias d. All of the choices given are legitimate concerns involving studies or demonstrations that rely heavily on surveys for their data and results. You connect your computer to a wireless network available at the local library. You find that you can access all of the websites you want on the internet except for two. What might be causing the problem? which of the following functions is graphed below? Find the greatest number such that; x360y is divisible by 24WILL GIVE BRAINIEST, NEED ANSWER ASAP 36x^2=y^2Does the equation define y as a function of x ? The position of the equilibrium for a system where K = 6.4 10 9 can be described as being favoring ________________ What is the equation of the line that is perpendicular toand has the same y-intercept as the given line?(0,0)(5,0)O y = x+1O y = x+5o y = 5x + 1O y = 5x + 5-6 -5 -4 -3 -2 -1234 5 6Mark this and returnSave and ExitNytSubmit Gladys and Andrew are taking a psychology class together. During the ice-breaker activity on the firstday of class, Andrew shares with Gladys that he has a difficult time seeing, despite the fact that hewears glasses and that he is worried about missing out of important parts of the lecture notes. Gladysthen asks him if he would like a copy of her notes. Andrew gratefully accepts.Gladys has demonstrated civility which requires:A productivity and intelligence.B empathyc ethics.D a high IQ Symposium is part of a larger work referred to as Plato's Dialogues. Wishart and Leach found that about 21.4% of five-syllable sequences in Symposium are of the type in which four are short and one is long. Suppose an antiquities store in Athens has a very old manuscript that the owner claims is part of Plato's Dialogues. A random sample of 498 five-syllable sequences from this manuscript showed that 129 were of the type four short and one long. Do the data indicate that the population proportion of this type of five-syllable sequence is higher than that found in Plato's Symposium? Use ???? = 0.01. Identify the level of measurement of the data, and explain what is wrong with the given calculation. Ina set of data, alert levels are represented as 1 for low, 2 for medium, and 3 for high. The average mean of the 522 alert levels is 1.3. The data are at the ________ level of measurement. a. Nominalb. Ordinalc. Ratiod. IntervalWhat is wrong with the given calculation?a. Such data should not be used for calculations such as an average.b. One must use a different method to take the average of such datac. The true average is 2.5d. There is nothing wrong with the given calculation. Which of the following was one of the firstfascist ideas Mussolini enacted as the leader ofItaly?A. ally the nation with the United StatesB. declare war on the German RepublicC. rid Italy of all forms of democracyD. blame the fall of the economy on the Italians themselves If 4/3 . sin42 = x then 4/3 . cos48 = ? What does the debate over welfare involve? Which of the following vocabulary words refer to family relationships? Select all that apply.yourselvescriseschildrenbrethrenbrotherssheaves What is the slope of the line? What is the y-intercept of the line? y = 2x + 5 Solve the expression using the correct order of operations.0.75x3.2+ (9.1)2-((-2.3)-(-0.9))2 Draw the Lewis structure for the polyatomic formate anion. Be sure to include all resonance structures that satisfy the octet rule. Sayid is the sole shareholder of an S corporation in Hattiesburg, Mississippi. At a time when his stock basis is $20,000, the corporation distributes appreciated property worth $40,000 (basis of $20,000). There is no built-in gain. Sayid's taxable gain is: she said to me," we lived in china for five years."(change in to indirect speech).