lacey is in the market for a used lawn mower. she is willing to pay $800 $ 800 . what is lacey's economic surplus if she buys a lawn mower for $500 $ 500 ?

Answers

Answer 1

Lacey's economic surplus is $300 if she buys a lawn mower for $500.

What is economic surplus?

Economic surplus, often referred to as consumer surplus, is a term used in economics to describe the discrepancy between what a consumer is prepared to pay and the amount they actually pay for a commodity or service. It stands for the added value or benefit that customers get in addition to the price they actually paid for a good or service.

In other words, economic surplus is the difference between what consumers would be ready to spend overall on a good or service and what they actually end up paying in the market. It is determined as the region up to the quantity purchased that is above the market price and under the demand curve.

According to question:

Lacey's economic surplus is the difference between the maximum amount she is willing to pay ($800) and the actual price she pays for the lawn mower ($500).

Economic surplus = Maximum amount willing to pay - Actual price paid

Economic surplus = $800 - $500

Economic surplus = $300

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Related Questions

beal company uses direct labor cost as a basis for computing its predetermined overhead rate. in computing the predetermined overhead rate for 2010, the company misclassified a portion of direct labor cost as indirect labor. the effect of this misclassification will be to

Answers

Beal uses direct labor cost as the basis for computing its predetermined overhead rate. The effect of this misclassification will be to Increase the assumed overhead rate. By misclassifying the direct work, the rate will be overstated because the numerator will be bigger and the denominator smaller.

Overtime and regular working hours are both seen as forms of direct labor. Associated payroll taxes and costs like Social Security, Medicare, Unemployment Tax, and Worker's Compensation are also included. One example of a direct labor cost is the quality assurance inspector's hourly compensation, adjusted to include healthcare benefits and short-term disability.. The annual wage of a welder who works on the production line of a business that makes steel parts could serve as another illustration. wrongly classifying someone or something into a group or category false classification Restricting the misclassification of employees so that those who were mistakenly classified as "independent contractors" might convert to employees

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How a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship

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The commitment to a decision would help the school leaver to focus on a particular goal of entrepreneurship.

What is entrepreneurship?

This is a term that is used to refer to a business owner who is an innovator who is involved in taking risks for the sake of profit.

In order to focus on the goal of entrepreneurship the person must first try to get the niche that he or wants wants to get into.

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Please note that I need an answer exactly about the below:
You know that at the interview questions will be asked about corporate communication audits. You need to be fully prepared and decide to
- Plan an internal corporate communications audit for a named organization
- Plan an external corporate communications audit for a named organization,

Answers

Corporate communication audit is the process of examining the communication practices and policies of an organization and determining the efficacy of these policies in meeting the goals and objectives of the organization.

Internal communication audit: Internal communication audit refers to examining the internal communication of an organization with the aim of improving it. An internal audit is an assessment of an organization's existing communication strategies, procedures, and policies. An internal audit will aid an organization in identifying areas where its communication efforts may be improved. In order to carry out an internal communication audit, the following steps should be taken: Determine the purpose and objectives of the audit. Examine the organizational chart to see how information flows throughout the organization. Examine the company's communication procedures and processes. Interview staff and management to find out their communication needs. Review the company's communication materials. External communication audit:

An external communication audit is the process of analyzing how a company interacts with its stakeholders. It entails assessing how a company communicates with its clients, vendors, and the general public, among others. The following steps should be taken in order to conduct an external communication audit: Develop a purpose statement for the external communication audit. Identify stakeholders and their communication needs. Examine how the organization communicates with its stakeholders. Evaluate the organization's communication methods. Review the company's communication materials. Examine the communication channels utilized by the company. To carry out the corporate communication audit, both internal and external audits should be conducted. This will assist the organization in determining the effectiveness of its communication policies and practices.

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what kind of technology refers as local technology or indigenous technology ?​

Answers

Answer:

Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.

Answer:

Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.

Explanation:

Strategies for managing conflict

Answers

Can I get a brainest point plsssssss

1. Don't Ignore Conflict

If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.

2. Clarify What the Issue Is

If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.

3. Bring Involved Parties Together to Talk

Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.

4. Identify a Solution

After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.

5. Continue to Monitor and Follow Up on the Conflict

Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.

When you seek to define an issue, you should try to frame it in positive terms. T or F

Answers

Answer:

True

Explanation:

When you seek to define an issue, you should try to frame it in positive terms. The given statement is True.

What is the framing message?

Without changing the justifications or characteristics of the highlighted goods, message framing involves organizing and structuring a message. Although though both framing techniques use the same objective information, Rucker and his coauthors discovered that if the same message is framed in two distinct ways, its persuasiveness might change.

A problem or issue can be presented or structured by using a framing technique. In order to elicit the most support from your audience, framing entails identifying and clarifying the background of the issue. Framing depends on your audience. Always consider your assumptions before making a decision. Try to frame an issue in a favorable light when attempting to define it.

Thus, the mentioned above-given statement is True.

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asar1:sajan commerce business with cash rs150000and furniture rs5000
asar5:purchased goods form raj rs5000 on cash and 10000 on credit.
asar11:good sold to hair for rs10000 on credits.
asar15:cash received from hair rs 5000​

asar1:sajan commerce business with cash rs150000and furniture rs5000asar5:purchased goods form raj rs5000

Answers

Answer: i think its B

Explanation:

Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security

Answers

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.

Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the  security reach a stage of maturity.

The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.

Therefore, this process are put in place to balance the economy.

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From The Secret to Being Creative: The author quotes financial blogger Josh Brown as saying blogging is fundamentally what?
1: about creative and original thought
2: about unique content
3: about intellectual property
4: a derivative form

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According to The Secret to Being Creative, the author quotes financial blogger Josh Brown as saying that blogging is fundamentally about creative and original thought. This means that bloggers should strive to create unique and innovative content that reflects their individual perspective and ideas.

Josh Brown's quote suggests that blogging is not simply a derivative form of writing or a means to generate intellectual property, but rather a platform for individuals to express their creativity and share their insights with the world. By emphasizing the importance of original thought in blogging, Brown underscores the value of authenticity and individuality in online communication. Aspiring bloggers should take this advice to heart and focus on developing their own voice and perspective, rather than simply regurgitating information or repeating what others have already said. Ultimately, the most successful bloggers are those who are able to connect with their audience through their unique and creative content, and who are able to inspire and engage others with their ideas and insights.

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A corporation may have issued more shares of stock than it has outstanding. This statement is.

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A corporation may have issued more shares of stock than it has outstanding. This statement is True.

Because Companies may sell shares to stockholders and then later buy those shares back. Treasury stock is the name given to the repurchased shares. Shares issued less Treasury stock equal the number of shares that are currently outstanding. The number of shares issued will therefore be higher than the number of shares outstanding if a corporation has treasury stock.

Describe Treasury Stock.Treasury stock, commonly referred to as treasury shares or reacquired stock, describes previously outstanding stock that the issuing corporation purchases back from stockholders. The overall number of outstanding shares on the open market declines as a result.These shares were issued but are no longer in circulation, thus they are not counted in the calculation of dividends or diluted profits per share (EPS).What is a stock share?The smallest entire portion of a corporation that a single investor can own is a share. If you possess 10 shares, for example, you own 10 shares. Stock, on the other hand, is a measure of equity (e.g. you own 10 percent of the company). Consider shares as a tiny chunk of a business.

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Gravitational force and gravity.​

Answers

Answer:

is how u fall

Explanation:

Gravity , or gravitation, is a natural phenomenon by which all things with mass or energy—including planets, stars, galaxies, and even light—are brought toward one another.

What is an example of budget deficit?

Answers

An example of a budget deficit:

If a country's GDP during the year of 2010 was $1,000,000, revenues were $300,000 and expenditures were $500,000, the deficit is calculated by subtracting $300,000 - $500,000 equals = -$200,000 which represents the deficit for the year 2010.What is a budget deficit?

It is a negative situation in which a country's expenditures exceed its financial income, which brings with it a series of negative consequences that directly affect the economy.

The budget deficit mainly generates inflation that affects consumers, which is why the purchasing power of people is reduced to less money as it implies the increase of prices in goods or services which generates a loss in the value of money.

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Gerard Barron, the CEO of TMC (Th e Metals Company), stated about deep-sea mining, “We don’t have the luxury of saying ‘No’ to the ocean.” What do you suppose he means by this statement? Do you agree or disagree? Explain.

Answers

Deep-sea mining may start soon despite the fact that research indicates it could harm habitats or wipe out species. This is due to the depletion of terrestrial reserves and the increasing demand for metals.

What's the title of the company engaged in deep-sea mining?

Deep Sea Mine Campaign, Blue Marine Foundation, International Conservation, Ecologistas En Acción, Wildlife & Flora Worldwide, German NGO Forum on Development and the Environment, Goa Groundwork, Global Ocean Trust, and Greenpeace International are all members of the DSCC.

The technique of extracting mineral reserves from deep seabeds, or ocean depths below 200 metres, is known as deep-sea mining.

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No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the first day of the meet.

Answers

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

What is district ?

A district is a type of administrative division that is managed by the local government in some countries. Districts vary widely in size around the world, spanning regions or counties, numerous municipalities, subdivisions of municipalities, a school district, or a political district.

A district is defined as a region set apart or put together as a single distinct area for political or administrative purposes. A district is an area of a town that elects a single mayor who is shared by everyone in the area.

A district is a section of a country, city, or town designated by the government for official purposes.

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As an advertising manager of a company, you have been asked to write a proposal stating why the company should advertise and it's benefits to the company

Answers

Answer: Advertising helps expand the market of the company to have more people to know about the product

Explanation:

Proposal for advertising; My firm, xyz cooperation would love to handle the publicizing aspect of your product while you go ahead your business. We have been into these business for about 20years, so we understand the challenges that comes with the business and how they are tackled. We are creative and emerging with our services, as we offer them with reasonable and affordable prices, do read through our profile as we look forward working with you

Benefits;

1) We expand your market when we advertise for you

2) We brand your firm with a new look and make consumers get attracted

3) We offer a discount of 15% for new firms and subsequently 5% for consistent customers.

which product and service strategy is used to produce standard components that can be combined to customer specifications? assemble-to-order make-to-order make-to-package make-to-stock assemble-to-deliver

Answers

Producing standard parts that can be assembled to customer specifications is done using the product and service strategy.

Which of the following processes results in standardized items that can be swiftly delivered to the customer?

A make-to-stock procedure results in standardized goods that may be sent out right away.

Which approach to a product and service has the fastest lead time for delivery?

Among the available options, the make-to-stock product and service approach provides the lowest lead time for delivery, but the client is not involved in the product design process.

What kind of operation is utilized to create a wide variety of products with diverse process needs in general lower volumes?

A variety of products with various processing requirements are produced in lesser volumes using intermittent operations.

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steve, harry, and chris, who own and operate a family auto parts store, are experiencing tough times during a downturn in the local economy. to help the store survive these conditions, the brothers agree to each take a 25 percent reduction in salary for a one-year period. this decision:

Answers

The decision for Steve, Harry, and Chris to each take a 25 percent reduction in salary for a one-year period shows their dedication to the survival of their family auto parts store.

By reducing their own salaries, they are collectively sharing the burden of tough economic conditions. This decision demonstrates their commitment to the business's sustainability and their willingness to make personal sacrifices to keep it afloat. It also reflects their understanding that their store's success relies on their ability to adapt and weather challenging times. Through their solidarity and shared responsibility, they are actively working towards the store's recovery and long-term viability. This decision can provide some financial relief to the store, enabling it to better manage its expenses and potentially avoid layoffs or other drastic measures that could further impact the business and its employees. Additionally, the brothers' unity in taking equal salary reductions showcases their shared responsibility and dedication to the store's success.

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Carla, a 52-year-old software engineer, has been laid off twice in her life, once because of downsizing and once because of the acquisition of her organization by a rival company. She has now hit a career plateau after working with her current employer for five years. Carla is frustrated; each time she has changed jobs, she has adapted and acquired more skills and expanded her knowledge base. Which of the following patterns best describes Carla's career progression?
a. A cycle of stability and instability b. A self-reflective spiral c. A linear progression interrupted by transitions d. A series of successive plateaus

Answers

Answer:

A. A cycle of stability and instability

Explanation:

Carla has experienced the cycle of stability and instability because she has had ups and her downs in her career progression.

Hope this helps!

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits in the workbook below. Write the formula on cell B7.

Answers

Answer:

=SUM(B2:B6)

Explanation:

Given

See attachment for workbook

Required

The function that calculates the total number of fruits

The number of fruit for each fruit is represented by cell B2 through B6.

So, we need to create a function that adds up the values in B2 to B6. To do this, we make use of the SUM function.

So, enter the following formula in cell B7

=SUM(B2:B6)

The above formula will add B2 to B6

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits

According to the video, what are some things that Human Resources Managers do? Check all that apply
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs

Answers

Answer: A, D, E, G

Explanation: right on edge 2020

Answer:

1,4,5,7

Explanation:

brick house cafe has a tax rate of 21 percent and paid total taxes of $44,300. the company had an interest expense of $19,700. what was the value of the interest tax shield?

Answers

The interest tax shield when brick house cafe has a tax rate of 21 percent and paid total taxes of $44,300 is $4137.

What is interest tax shield?

The "interest tax shield" refers to the lower income taxes caused by interest expense deductions from taxable income. Mortgages, for example, may have an interest tax shield for buyers because mortgage interest is deductible against income.

The ability to use a home mortgage as a tax shelter is a significant benefit for many middle-class individuals whose homes are significant components of their net worth. 1 It also offers incentives to those looking to buy a home by providing a specific tax benefit to the borrower.

A tax shield is a deduction that taxpayers can use to reduce their taxable income. Deductions for charitable contributions, mortgage interest, medical expenses, and depreciation are all examples of tax shelters.

Interest tax shield = interest expenses * tax rate

= $19,700 * 21%

= $4137

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Training is a key element for an organization pursuing a commitment based hr strategy. .

Answers

The statement is True.

Training is a key element for an organization pursuing a commitment that is based on hr strategy.

Training is a vital element existing in an organization for the purpose of pursuing a commitment that is based purely on HR strategy. This course will use training for building knowledge, skill as well as attitudes so that employees can work quickly and flexibly as well without waste of time. In order to enhance the transfer of the learning program, training should have developed and delivered by those who are specialized in training.

Training along with development is one of the major functions included in the department of human resource management. It refers to a systematic order of setup where employees are instructed well to proceed further and taught technical knowledge-related matters on behalf of their jobs.

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The given question is incomplete, the correct question is :

Training is a key element for an organization pursuing a commitment-based hr strategy. True or false?

Select all that apply.
Common skills assessments administered during the employment interview process include:
none of the above
science
keyboarding
math

Answers

Answer:

Keyboarding and Math :)

Explanation:

Which of the following characteristics of tourism services explains which guests need to be present when the service is being performed?

Answers

So the service is not being served to nothing

Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,

Answers

The equilibrium price is $2 per pound, the equilibrium quantity is 1,900 pounds, and the total revenue at the equilibrium is $3,800.

To find the equilibrium price and quantity, we need to identify the point where the quantity demanded equals the quantity supplied. In other words, it's where the demand and supply curves intersect.

From the given S-D table, we can determine the equilibrium price and quantity as follows:

Price per pound: $2 (where quantity demanded equals quantity supplied)

Quantity: 1,900 pounds (the corresponding quantity at the equilibrium price)

To calculate the total revenue at the equilibrium, we multiply the equilibrium price by the equilibrium quantity:

Total Revenue = Price per pound * Quantity

Total Revenue = $2 * 1,900 pounds

Total Revenue = $3,800

Therefore, at the equilibrium, the price is $2 per pound, the quantity is 1,900 pounds, and the total revenue is $3,800.

The complete question must be:

Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,300 1,600 1,900 2,200 2,500 2,800 a) Find the equilibrium price and quantity and calculate total revenue at the equilibrium.

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Grim issued 2,000 $1,000 convertible bonds at par, with an annual interest rate of 6% when the market was 8%. The bonds are due in 5 years and each $1,000 bond is convertible into 3 shares of common stock. At what amount would Grim record the bonds payable liability

Answers

Grim would record the bonds payable liability at the par value of the convertible bonds, which is $2,000,000 ($1,000 per bond × 2,000 bonds).

The par value represents the face value or the principal amount of the bonds that will be repaid to bondholders at maturity. In this case, each bond has a par value of $1,000, and 2,000 bonds were issued, resulting in a total par value of $2,000,000.

The fact that the market interest rate was 8% at the time of issuance is relevant for understanding the attractiveness of the bond to investors, but it does not impact the recording of the bonds payable liability on Grim's financial statements. The par value is the key consideration for initial recognition of the bonds payable liability.  

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Bermuda Cruises issues only common stocks and coupon bonds. The firm has a debt-equity ratio of 0.45. The cost of equity is 17.6 percent. Required: What is the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 percent? (10 marks)

Answers

Answer:

The pre-tax cost of the company debt is 6.75%

Explanation:

In order to calculate the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 we would have to use the following formula:

weighted average cost of capital = pretax cost of debt (1 - tax rate) x weight of debt + cost of equity x weight of equity

0.135 = pretax cost of debt (1 - 0.35) x 0.45 / 1.45 + 0.176 x 1 / 1.45

0.135 = pretax cost of debt x 0.201724138 + 0.12137931

(0.135 - 0.12137931) / 0.201724138 = pretax cost of debt

6.75% Approximately = Pretax cost of debt

The money that is promised to be paid in a promissory note is called the ______________.

Question 7 options:

a)

Interest rate


b)

Payee


c)

Principal


d)

Amount

Answers

Answer:

The answer to your question is payee

The promiser is the maker while the promised is the paypee or holder . So from your options it’s probably amount

What are two typical tasks for caterers?

Answers

Answer:

I will give th whole list:

   Creating Menus. Caterers must prepare a menu with a variety of different popular foods. ...

   Event Coordination. ...

   Preparing Food. ...

   Transporting Food Items. ...

   Setting Up. ...

   Food Service. ...

   Cleaning Up.

Explanation:

Pls Brailniest!

Joe borrows money for a fridge and pays $120.00 in interest for 24 months at a rate of
8%. How much money did he borrow?
Show work

Answers

Answer:

$750

Explanation:

Interest is calculated using the formula below.

I = p x r x t

where I= interest

P= principal amount

r= interest rate

t= time

In this case, interest is $120, P is not given, r = 8% t= time 2 years( 24 months)

It means $120= P x 8% x 2

$120= p x 0.08 x 2

$120= p0.16

P= $120/0.16

P=750

Joe borrowed $750

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