Business, 18.10.2019 21:10 princessjsl22
If a benevolent social planner chooses to produce less than the equilibrium quantity of a good, then
a. total surplus is maximized.
b. the value placed on the last unit of production by buyers exceeds the cost of production.
c. producer surplus is maximized.
d. the cost of production on the last unit produced exceeds the value placed on it by buyers.
e. consumer surplus is maximized.
Answers: 2
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
Business, 23.06.2019 00:50
On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
Answers: 1
Business, 23.06.2019 01:20
Boxes of honey nut oatmeal are produced to contain 16.0 ounces, with a standard deviation of 0.20 ounce. for a sample size of 49, the 3-sigma -x chart control limits areupper control limit (ucl-x) = ounceslower control limit =(lcl=max
Answers: 1
If a benevolent social planner chooses to produce less than the equilibrium quantity of a good, then...
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