Lucinda buys a new gps system for $250. she receives consumer surplus of $75 from the purchase. what value does lucinda place on her gps system

Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000 for the property.

Flapjack Corporation had 7,680 actual direct labor hours at an actual rate of $12.45 per hour. Original production had been budgeted for 1,100 units, but only 960 units were actually produced. Labor standards were 7.

Doreen's Dairy produces and sells Swiss cheese. Last year, it produced 7,000 pounds and sold each pound for $6. In producing the 7,000 pounds, the dairy incurred variable costs of $28,000 and a total cost of $40,000. The firm's fixed cost was A.

What is the difference between a debit card and a credit card?

Four students from your economics class are sitting in a local restaurant discussing the market for coffee. Below are quotes from each of the four students. All of the following quotes are logically correct except one.

Advanced Printing Systems is a firm in a monopolistically competitive market. If its marginal cost is $18 per unit in the short run, if it is maximizing profits, and if it is selling at the equilibrium quantity, what is its marginal revenue?

Consider a simple economy that produces two goods: pens and oranges. The following table shows the prices and quantities of the goods over a three-year period.

Which of these would be a result of inflation? A business reports a loss for a tax year. A CEO pays less in taxes than five years ago. A company scales back production. A company increases production as a result of growing demand.

Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team

What is an over-zealous speaker?