User Account

All Pages

Consumer surplus does he receive

Assignment Help Business Management
Reference no: EM131564504

Number of workouts (per week)                 Willingness to Pay for Workouts

1                                                                         $35

2                                                                          30

3                                                                          25

4                                                                          20

5                                                                          15

6                                                                          10

7                                                                           5

Look at the table above. Several times each week Eli works out at a local health club, but because he is not member, he pays a price of $10 each time he shows up to use the club facilities. The table shows Eli's willingness to pay for each of the club. How many times will Eli use the health club for a workout, and how much consumer surplus does he receive? Explain.

Reference no: EM131564504

Questions Cloud

How changes in real interest rates affect investment : Explain how changes in real interest rates affect investment. Provide an industry example to illustrate your explanation.
Ranges on the aggregate demand and supply graph : 1. Draw and explain the three ranges on the aggregate demand and supply graph.
What percent of light is transmitted through the second pane : A double-pane window has a thin air space between two parallel panes of glass. If 90.0% of the incoming light is transmitted through a pane, and 10.0%.
Music influence the development of recording techniques : The use of drugs by musicians of the 1960s, a tradition they inherited from the older blues and jazz players
Consumer surplus does he receive : How many times will Eli use the health club for a workout, and how much consumer surplus does he receive? Explain.
Develop a template for the stock element : Develop a template for the stock element and, within the template, enter the following HTML code: Save your changes to the portfolio.xsl file.
Calculate the arithmetic mean returns for each stock : Calculate the arithmetic mean returns for each stock. Calculate the covariance using the COVAR function in the spreadsheet.
Role in behavioral economics : With all of the ads on social media, do you think social media plays a role in behavioral economics? Why or Why not?
Result of the global economic crisis : Specifically, the leaders addressed, "what we have learned - and what we need to do differently as a result of the Global Economic Crisis that began in 2008".

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd