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satela [25.4K]
2 years ago
12

In Chapter 1, you learned that buying and selling textbooks are two separate decisions made at the margin. Textbooks create valu

e both when they are bought and when they are sold.Think about your decision to buy the textbook for this course. You paid $225 for the book, but you would have been willing to pay $500 to use the book for the semester. Suppose that at the end of the semester you could keep your textbook or sell it back to the bookstore. Once you have completed the course, the book is worth only $70 to you. The bookstore will pay you 50% of the original $225. How much total value have you gained?
Business
1 answer:
Setler [38]2 years ago
5 0

Answer:

the total surplus will be: 275 + 32.5 = 307.5

Explanation:

At purchase,  the consumer surplus will be the difference between the amount willing to pay for the book and the book selling price:

500 - 225 = 275

Then, the selling surplus will be the difference between the amount you are willing to sold and the saelling price:

225 x 50% = 112.5

112.5 - 70 = 32.5

the total surplus will be: 275 + 32.5 = 307.5

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Suppose it is discovered that the first zurvanites were influenced more by indian than by babylonian conceptions of cyclical tim
Olenka [21]

Full Question:

<em>Suppose it is discovered that the first zurvanites were influenced more by indian than by babylonian conceptions of cyclical time. does this discovery support the author's argument?</em>

A: The author does not claim that Zoroaster was the first to proclaim the end of history, just that this claim was one of the “most striking elements” in his teaching (lines 27-29). This discovery would not be inconsistent with the passage.

B: The author suggests that the Zurvanite conception of time as a sentient being was based in Babylonian speculations that time is cyclical, and so unending (lines 29-35). An early Zurvanite denial that history has an end (i.e., a claim that history and time do not end) would strengthen, not weaken the author’s argument.

C: The author very strongly argues that the Zurvanites committed “a deep and grievous heresy” by claiming that the two primal beings were brothers (lines 52-56). If Zoroaster himself made this claim, the Zurvanites would not in fact have “betrayed Zoroaster’s fundamental doctrine.”

D: The author does not argue that Zoroaster had no premonitory inkling of what heresies were to come. This discovery would have no effect on the author’s position.

Answer:

Yes. The author very strongly argues that the Zurvanites committed “a deep and grievous heresy” by claiming that the two primal beings were brothers (lines 52-56). If Zoroaster himself made this claim, the Zurvanites would not in fact have “betrayed Zoroaster’s fundamental doctrine.”

Cheers!

8 0
2 years ago
Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following
Aleks04 [339]

Solution

Given :

Standard direct labor hours = 4.6 hours per unit

Standard variable overhead rate = $ 4.60 per hour

Actual direct labor hours worked = 9400

Actual variable overhead incurred = $ 44,940

Number of units of N06C = 2100 units

Therefore, output absorbed, V.OH = SHAO x budget OH/hr

                                                    = (2100 units x 4.6 per unit) x $ 4.60 per hour

                                                    = $ 44,436

The Input Absorbed V.OH = actual hours x budgeted OH/hour

                                            = 9400 x $ 4.60 per hour

                                            = $ 43,240

Therefore, the variable overhead rate variance is = $ 43,240 - $ 44,436

                                                                                  = $ 1196 (U)

7 0
1 year ago
In arab countries, business executives will often digress from the primary purpose of the meeting, then eventually return to the
Kryger [21]
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed. 
4 0
2 years ago
Denti-Way Systems, a manufacturer of dental appliances, invented and patented a new x-ray machine that radically reduced mainten
Ronch [10]

Answer:

The correct answer is letter "C": international.

Explanation:

International business strategies are the systems used to plan and implement a series of actions driven to compete and place a company in the international market. The process implies analyzing and evaluating the target market, implementing the organization's operations abroad using innovative technology and strategies, and monitoring the results. At this stage, firms tend not to be worried about production costs until the entry of competitors.

7 0
2 years ago
Employers can try to overcome the moral-hazard problem involving their employees by:
BartSMP [9]

Answer:

Option D             

Explanation:

In simple words, moral hazard refers to the situation when an individual do not act with full responsibility due to the fact that any loss from their behavior will be borne by some third party.

Thus, by assessing the employees before employment by a test will help to decide the employer if the individual is worthy of the job or not. Thus, efficient employees will be selected and less mistakes will occur.    

5 0
2 years ago
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