subject
Business, 27.02.2020 22:55 FromTheDeskOfLauren

Look at the two tables below. What is the total surplus if Bob buys a unit from Carlos? If Barb buys a unit from Courtney? If Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved?

Person Maximum Price Willing to Pay Person Minimum Acceptable Price
Bob $18 Carlos $5
Barb 16 Courtney 7
Bill 14 Chuck 9
Bart 12 Cindy 11
Brent 10 Craig 13
Betty 8 Chad 15

(a) What Is the total surplus if Bob buys a unit from Carlos?
(b) What is the total surplus if Barb buys a unit from Courtney?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
question
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
question
Business, 22.06.2019 09:30
Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?
Answers: 1
question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
You know the right answer?
Look at the two tables below. What is the total surplus if Bob buys a unit from Carlos? If Barb buys...
Questions
question
Computers and Technology, 17.09.2019 06:10
question
Mathematics, 17.09.2019 06:10
question
Mathematics, 17.09.2019 06:10
question
Mathematics, 17.09.2019 06:10
Questions on the website: 13722363