Solved There Are Four Consumers Willing To Pay The Following Chegg

Solved There Are Four Consumers Willing To Pay The Following Chegg See answer. question: there are four consumers willing to pay the following amounts for an electric car: consumer 1: $70,000 consumer 2: $20,000 consumer 3: $80,000 consumer 4: $40,000 there are four firms that can produce electric cars. each can produce one car at the following costs: firm a: $30,000 firm b: $60,000 firm c: $40,000 firm d. There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to pay firms' costs gloria: $35 jay: $10 claire: $40 phil: $25 firm a: $15 firm b: $30 firm c: $20 firm d: $10 each firm has the capacity to produce only one haircut.

Solved There Are Four Consumers Willing To Pay The Following Chegg The amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. there are four consumers willing to pay the following amounts for haircuts: gloria: $35 jay: $10 claire: $40 phil: $25. there are four haircutting businesses with the following costs: firm a: $15 firm b: $30 firm c: $20 firm d: $10. Option b states that at the equilibrium price, three consumers are willing to buy, and three firms are willing to sell. this also reflects market equilibrium, as there is no excess demand or supply. option c states that at $50,000, three consumers have reservation values equal to or above $40,000, and three firms have reservation values equal. So for the next whole unit, gloria is willing to pay 35 just like that. all right, and then next we have, let's see phil, who's willing to pay 25 right, so we'll move him down to the 25 mark. and for this next unit, phil is willing to pay 25. and then finally, our lowest willingness to pay goes to j. whose only willing to pay 10. right?. There are four consumers willing to pay the following amounts for haircuts: gloria: $35 \quad$ jay: $10 \quad$ claire: $40 \quad$ phil: $25$ there are four hair cutting businesses with the following costs: firm a: $15 \quad$ firm b: $30 \quad$ firm c: $20 \quad$ firm d: $10 \quad$ each firm can give at most one haircut.