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How can one calculate consumer surplus without the use of a graph?
To calculate consumer surplus without a graph, you can use the formula: Consumer Surplus Total Value - Total Expenditure. Total Value is the maximum price a consumer is willing to pay for a good or service, and Total Expenditure is the actual price paid. Subtracting Total Expenditure from Total Value gives you the consumer surplus.
How calculate total period cost?
A total period cost is anything that is not prepaid. To calculate period cost, just include anything that is charged in the period incurred.
What is an aggregate expenditure?
expenditure money paid out; an amount spent expenditure the act of spending money for goods or services expenditure the act of consuming something
What is national expenditure?
It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.
What does the income-expenditure identity say about the relationship between income and expenditure?
The income-expenditure identity states that in an economy, total income equals total expenditure. This means that the amount of money earned by individuals and businesses is equal to the amount of money spent on goods and services.
How can one calculate consumer surplus without the use of a graph?
To calculate consumer surplus without a graph, you can use the formula: Consumer Surplus Total Value - Total Expenditure. Total Value is the maximum price a consumer is willing to pay for a good or service, and Total Expenditure is the actual price paid. Subtracting Total Expenditure from Total Value gives you the consumer surplus.
How can I accurately calculate the number of business days in a given time period?
To accurately calculate the number of business days in a given time period, exclude weekends and holidays from the total number of days. Subtract the non-business days from the total days in the time period to determine the number of business days.
How calculate total period cost?
A total period cost is anything that is not prepaid. To calculate period cost, just include anything that is charged in the period incurred.
How do you calculate revenue per available room?
Total Room Revenue in a Given Period, Net of Discounts, Sales Tax, and Meals---------------------------------------------# of Available Rooms in Same Period
What is the aggregate expenditure function in terms of income?
the function that represents total spending in an economy at a given level of real disposable income.
How do you calculate nominal output?
Add all total expenditure in an economy at current prices, this includes government spending, consumption, investment and net exports.
How do you calculate complication rates?
To calculate complication rates, you take the total numbers of complications from a certain period and divide by the total number of patients.
Difference between operating cash flow and net cash flow?
The Operating Cash Flow figure can be found in the top section of the Statement of Cash Flows; this number is simply the total cash flows of the firm for a given period. Whereas the Net Cash Flow figure takes into account deductions for that period, such as capital expenditure, etc. Therefore this number will generally be smaller than the total operating cash flows. The principle is somewhat similar to Total Income and Gross Profit of a firm, e.g: Total Income is the total revenues receieved by a firm during a given period, and Gross Profit is the amount remaining after cost of sales for that period has been dedcuted)
How do you calculate gross capital expenditure?
You will need the balance sheet from your company. When you have this you can locate the total assets and the total liabilities and subtract liabilities from the assets. You can use this number to see how much your business has spent.
What is an aggregate expenditure?
expenditure money paid out; an amount spent expenditure the act of spending money for goods or services expenditure the act of consuming something
How do you calculate closing ratio?
Closing Ratio is the tracking of sales performance. It is calculated by the number of sales closed over the total number of sales presentations made in a given period of time.
What is total sales per server?
- Is the total dollar volume of sales for which a given server has been responsible in a given time period, such as meal period, a day, or a week.
