tegaoks6843
02.03.2020 •
Business
A ticket reseller purchases a ticket to a football game for $40 and offers it for sale at a price of $75. A consumer is willing to pay $90 at most for the ticket, and purchases it at $75. What does the $50 difference (between $40 and $90) represent?
Solved
Show answers
More tips
- F Family and Home What is Most Important in Men s Lives?...
- H Health and Medicine Why Wearing a Back Brace Can Be Beneficial During Back Strain?...
- S Sport When and Where Will the 2014 World Cup be Held?...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
Answers on questions: Business
- B Business 4)Black, Inc. employs a weighted average methos in its process costing system. Black s work in process inventory on June 30 consists of 40,000 units. These units are 100 percent...
- B Business Marketing logistics includes all of the following EXCEPT . reverse logistics inbound logistics producer-centered logistics customer-centered logistics outbound logistics...
- B Business If a customer purchases five newly issued municipal bonds for 101 and holds the bonds to maturity, the tax consequence is A) $50 capital gain. B) not possible to calculate with...
- B Business How is the Federal Reserve System structured?...
- B Business 03.01 CAREER GOALS Directions: Answer the following questions to describe your short-term, mid-term, and long-term career goals. Review the rubric before starting so you know...
- B Business Because it reflects the value a product delivers to consumers, as well as the value it captures for the firm, decisions involving are considered one of the most important strategic...
- B Business ) When new technologies make cleaner production possible, A) emissions fees rise. B) emissions fees fall. C) the price of transferable permits rises. D) the price of transferable...
- B Business A lessor is paid $45,000 by its commercial tenant as a lease cancellation fee. The tenant wanted to get out of its lease so it could move to a different building. The lessor had...
- B Business A user wants to preview half of a presentation by viewing a slide show that begins on Slide 15. Which is the fastest way for the user to do this? A. clicking on New Slide under...
- B Business Consider two bonds, a 3-year bond paying an annual coupon of 5%, and a 20-year bond, also with an annual coupon of 5% Both bonds currently sell at par value. Now suppose that...
Ответ:
profit + consumer surplus.
Explanation:
The profit obtained by the reseller is given by the difference between the amount received on sale ($75) and the purchase price ($40). The consumer surplus is determined as the difference between the willingness to pay ($90) and the actual amount paid ($75). Therefore, the difference between $90 and $40 is the profit plus the consumer surplus.
Ответ: