subject
Business, 30.10.2019 06:31 dkdk31

6. producer surplus and price changes the following graph shows the supply curve for a group of students looking to sell used tablets. each student has only one used tablet to sell. each rectangular segment under the supply curve represents the "cost," or minimum acceptable price, for one student. assume that anyone who has a cost just equal to the market price is willing to sell his or her used tablet. 0 1 2 3 4 5 6 300 250 200 150 100 50 0 price (dollars per used tablet) quantity (used tablets) a b sean yvette bob cho eric ginny region a (the purple shaded area) represents the total producer surplus when the market price is $ , while region b (the grey shaded area) represents when the market price . in the following table, indicate which statements are true or false based on the information provided on the previous graph. statement true false assuming each student receives a positive surplus, sean will always receive more producer surplus than yvette. producer surplus is larger when the price is $175 than when it is $125. in order for ginny to earn a producer surplus of exactly $50 from selling a used tablet, the market price needs to be $ .

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Answers: 1
question
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
question
Business, 22.06.2019 14:00
Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?
Answers: 1
question
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
You know the right answer?
6. producer surplus and price changes the following graph shows the supply curve for a group of stud...
Questions
question
History, 09.10.2019 05:00
Questions on the website: 13722363