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ElenaW [278]
2 years ago
9

Suppose that Bob places a value of $10 on a movie ticket and that Lisa places a value of $7 on a movie ticket. In addition, supp

ose the price of a movie ticket is $5. 15. Refer to Scenario 12-2. Suppose the government levies a tax of $3 on a movie ticket and that, as a result, the price of a movie ticket increases to $8. What is total consumer surplus after the tax is imposed?
Business
1 answer:
Alex_Xolod [135]2 years ago
7 0

Answer:

$1

Explanation:

We can use the simple consumer surplus formula:

Consumer surplus = Maximum Price Willing to Pay - Actual Price

For Bob

Consumer Surplus = $10 - $8

                              = $2

For Lisa

Consumer Surplus = $7-8

                               = $-1

So, the total consumer surplus is $1

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Explanation:

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The two main factors that contribute to process loss are:

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There are steps used in addressing process loss.

The best way for Marsha to address spiros' behavior is to make Spiros's task more discrete and identifiable, this involves making Spiro solo responsible for sourcing wall hangings and window treatments only. This will ensure Spiro does not depend on other teammates and he has a solo responsibility which he must fulfill.

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2 years ago
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Arada [10]

Answer:

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Katarina [22]

Answer:

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Explanation:

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This is because the company has to consider it's resources, the market and other necessary factors before making a decision on that.

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