Suppose that the price of a bagel is $1.50 each. Leo is willing to pay $4.50 for a bagel. Isa is willing to pay $2.80 for a bagel. Angelica is willing to pay $1.50 for a bagel. Brian is willing to pay $1.20 for a bagel. Ramiro is willing to pay $0.75 for a bagel. What is the total consumer surplus from the consumption of bagels?
a) $0.25
b) -$1.05
c) $1.30
d) $4.30
e) $7.75

Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 14 percent, what is the current share price?

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand