Business, 07.03.2020 02:48 3kp

On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price was $79.95. When she brought the coast to the store's sales clerk, Melanie was told that the coat was on sale, and she would pay 20 percent less than the price on the tag. After the discount was applied, Melanie paid $63.96, $15.99 less than the original price. The value of Melanie's consumer surplus from this purchase is
A. $79.95 since this is the price she is willing to pay
B. at least $15.99 since this is the difference between the price Melanie is willing to pay for the cont and the actual price she pays, but she could have be willing to pay more than $79.95 for the coat
C. exactly $15.99 since this is the difference between the maximum price Melanie is willing to pay for the cost and the actual price she pays.
D. $63.96 since this is the actual price she pays.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:00, elisakate8362

Which of the following statements is true about financial planning

Answers: 2

continue

Business, 22.06.2019 03:50, raieliz1414

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Answers: 1

continue

Business, 22.06.2019 11:30, dirtridersteve65

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

Answers: 2

continue

Business, 22.06.2019 21:00, thicklooney

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Answers: 3

continue

You know the right answer?

On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the co...