If the price of an ice-cream cone falls to $3, the consumer surplus of Alexis, Bruno, and
Question:
If the price of an ice-cream cone falls to $3, the consumer surplus of Alexis, Bruno, and Camila increases by
a. $6.
b. $7.
c. $8.
d. $9.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
MCQ questions T3 1. Economists use the term utility to mean: a. the satisfaction a consumer obtains from a good or service b. the value of a product before it has been advertised c. the contribution...
-
1. Suppose that Samantha purchases one pound of chicken, which is worth $5 to her, costs $4 to produce, and imposes $2 in environmental damages on people who live near the chicken farm. This...
-
Suppose that the U.S. Department of Agriculture (USDA) administers the price floor for cheese, set at $0.17 per pound of cheese. (In real life, the actual price floor was officially set at $16.10 per...
-
Consider the following recursive function, which is related to a famous unsolved problem in number theory, known as the Collatz problem, or the 3n+1 problem: public static void collatz(int n) {...
-
Electricity can be a hazard in hospitals, particularly to patients who are connected to electrodes, such as an EGG. For example, suppose that the motor of a motorized bed shorts out to the bed frame,...
-
The following table lists monthly foreign exchange rates between the U.S. dollar and the Canadian dollar (in $/US$) for 2011 (this is CANSIM II series V37426). January...
-
The following selected accounts and balances appear on the adjusted trial balance for Ray Service, Inc., on December 31, 2010: 1. What is the net income or net loss? 2. What is the change in Retained...
-
Olympia Bivalve farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,000 pounds of oysters in July. The companys flexible budget for July appears below: Olympia Bivalve...
-
Refer to the graph below to find the component form of e + g. 54 e g 45 <6,3> <0,0> O <6,-3>
-
The demand curve for cookies is downward-sloping. When the price of cookies is $3, the quantity demanded is 100. If the price falls to $2, what happens to consumer surplus? a. It falls by less than...
-
Alexis, Bruno, and Camila each want an ice-cream cone. Alexis is willing to pay $12, Bruno is willing to pay $8, and Camila is willing to pay $4. The market price is $6. Consumer surplus equals a....
-
Burnett was a janitor for Habitat, a property management business. His job required him to lift heavy objects. In October 2003, Burnett told Polo, his supervisor, that he had a medical problem. Polo...
-
McGarr owned a property called Belgrave Square. McGarr sold Belgrave Square to Ward by a general warranty deed. Ward recorded his deed. The following year, on February 1, Ward sold Belgrave Square to...
-
Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (43,000 units) $ 344,000 $ 8.00 Variable expenses 215,000 5.00 Contribution margin...
-
A piezoresistive sensor has a measurement error of 1 mV. During the measurement the temperature fluctuation and its self-heating cause additional measurement errors of 0.2 mV and 0.05 mV...
-
2. You would like to have $500,000 when you retire in 15 years. How much should you invest each quarter if you can earn a rate of 6.8 % compounded quarterly? (4 pts)
-
Specifically, I want to discuss preventing damage to evidence. When handling evidence, we need to consider several factors, including, but not limited to, the authenticity of the evidence and the...
-
A company issued 5%, 20-year bonds with a face amount of $80 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell?
-
Players A, B, and C toss a fair coin in order. The first to throw a head wins. What are their respective chances of winning?
-
Video poker is a popular form of gambling in casinos, second only to slot machines. Some video poker games offer a doubleup feature, where players receiving a paying hand are offered the chance to...
-
At the beginning of 2018 I bought a fire insurance policy for my vacation home in Aspen; at the end of the year, my vacation home had not burned down. Was my purchase a mistake? Explain.
-
Your current salary is a fixed sum of $115,600 per year. You have an offer for another job. The salary there is a flat $75,000 plus a chance to earn $350,000 if the company does well. Assume that...
-
Assume a jurisdiction that has adopted the Revised Uniform Partnership Act (RUPA 1994) as set forth in your textbook. Artemis, Athena and Hephaestus form a general partnership and name it The...
-
Solve the equation logs(x+4)+ logs (x+2)=2. State the restrictions on the variable. . Simplify the expression log2(x2-9)-log2(x2-x-6) and state the restrictions on the variable. 5. Prove that (20+...
-
Discuss the criminal offences and privacy torts that could be applied to the following scenario. Please provide examples of at least 2 torts and 2 criminal offences, discuss elements of criminal...
Study smarter with the SolutionInn App