Jonas is the only history tutor in his town. He has three potential customers. Xavier is willing to pay $70 for tutoring, Yasha is willing to pay $50 and Zander is willing to pay $25. Suppose Jonas has to charge the same price to each of his customers, and each student he tutors costs him $15 (which mostly consists of the opportunity cost of his time). What price will Jonas set, and what will be the consumer surplus, producer surplus, and deadweight loss
Answers: 3
Business, 21.06.2019 22:50
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
Business, 22.06.2019 05:30
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
Business, 22.06.2019 20:10
With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals
Answers: 1
Business, 23.06.2019 02:30
Is will able to claim r.j. as a qualifying child for the earned income credit (eic)?
Answers: 1
Jonas is the only history tutor in his town. He has three potential customers. Xavier is willing to...
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