LA Business Daily

What is the maximum consumer surplus in a monopolistic industry under perfect price discrimination? Consider the case of perfect price discrimination in an industry with pure monopoly, where every consumer is charged the maximum price s/he is willing to pay. What is the maximum possible value of consumer surplus? I am not really getting the concept of consumer surplus, would anyone please explain that in relevance to the answer to this question?

How can a consumer research company use their research to assist the consumers adoption of new products? Stages of the consumer adoption process: Awareness: The buyer becomes aware of the product. Interest: The buyer seeks information and is receptive to learning about the product. Evaluation: The buyer considers the product’s benefits and decides whether to try it. Trial: The buyer examines, tests, or tries the product to determine if it meets his or her needs. Adoption: The buyer purchases the product and can be expected to use it again whenever the need for this general type of product arises.

What happens to the level of consumer surplus as the price of a good falls? The demand curve for product X is given by Qdx=460-4Px 1. How much consumer surplus do consumers receive when Px=$35? The back of the book says the answer should be $12,800 but I don't understand how to arrive at that answer. 2. In general, what happens to the level of consumer surplus as the price of a good falls?

The consumer electronics department of a company is assigned a sales quota for the next? The consumer electronics department of a company is assigned a sales quota for the next quarter. What kind of planning does this illustrate? A. Tactical C. Adaptive B. Operational D. Strategic

What are some good consumer product to test using a controlled experiment? Our teacher asked us to come up with a consumer product that we could test using a controlled experiment and describe how we would set it up. I was just wondering, what are some good ideas of consumer products to test? Thank you!

What is it called when a consumer is expected to purchase an item repeatedly due to poor quality? When a manufacturer wishes to profit from a product that is necessary to the consumer, but (the product) is liable to malfunction, break, or otherwise cease to remain useful- and the consumer is expected to purchase the same product over and over again... i.e. Pencils, Cheap Headphones, Batteries, Poorly Constructed or Poorly Engineered Products. What is it called when the consumer partakes in this cycle (usually unwillingly / unwittingly) ?

How can consumer spending and a high personal savings rate both be good? High consumer spending is pitched as a good thing for the economy. But so is a healthy personal savings rate. Since these two are opposing, how can they both be good for the economy?

When a Consumer eats a Producer, what happens to Energy not abosorbed by the consumer? My Bio teacher said that when when a consumer eats a producer, only about 10% of the energy is used by the consumer. On my study guide for my upcoming test, it asks me what happens to the rest of the energy. Does anybody know?

What mechanism is the largest consumer of oil and gas? We all know America is the largest consumer of oil and gas but WHAT specifically is the largest consumer of oil and gas?

Given the consumer is over 24 years old, what is the probability that the consumer uses a plastic card? * The probability that a consumer uses a plastic card when making a purchase is .37. * Given that the consumer uses a plastic card, there is a .19 probability that the consumer is 18 to 24 years old. * Given that the consumer uses a plastic card, there is a .81 probability that the consumer is more than 24 years old. U.S. Census Bureau data show that 14% of the consumer population is 18 to 24 years old.

What happens to consumer surplus if the price of a good increases? What happens to consumer surplus if the price of a good increases? A. It increases B. It decreases C. It is unchanged D. It may increase, decrease, or remain unchanged

How is the consumer confidence level calcuated? Also, who is in charge of calcuating this? I never heard about the consumer confidence level until last night on the news. Just curious if anybody has any information on it.

Consumer Report charges a fee to give out information on items' reviews. Is it worth it to subscribe? I always thought that you could go to consumer report and check on any items, any categories for reviews and feedback. But, now they charge a subscription fee in order to give you information on anything. Is it worth it? or is there another reliable consumer report site that is free and does give you the correct reviews? NO SPAM PLEASE!

How can a consumer know if their doubled paned windows are argon gas filled as advertised ? How can a consumer know that the double paned windows they just had installed actually have the argon gas between the windows as advertised ? You can't see the gas. How do you know if it is there ?

What is the cost to the consumer in a product analysis context? What is the cost to the consumer in a product analysis context? This is for design technology homework. Basically I need a short and simple definition of the cost to the consumer for a product in a product analysis context. Thanks in advance :)

How does the American consumer view genetically modified food? I read in a British newspaper the other day that 7 years ago 60% of all products in UK supermarkets contained GM ingredients. Nowadays there are only two products on sale in the UK containg GM food. Despite the fact that there isn't all that much evidence to say GM is bad, the British consumers decided they didn't want GM and stopped buying them, and the supermarkets got rid of them as quick as they could. Now that's what I call consumer power. I get the impression that American consumers are far less skeptical of genetic modification and that GM products are widely available. How aware are American consumers of what's in their food? Do they care about GM or is it not an issue for them? How has the media covered the issue in america?

What kind of Consumer Protections did the Credit Card Reform bill do? Just out of curiosity. Did the 10,000 pages of new regulations do anything for the consumer? Do you think a new small credit card company would now be able to start up with 2-3 employees or would they have to hire 1000 employees just to meet the new "regulations". Liberals do you understand your "regulations" offer no protection to anyone besides the corporations?

Are there any good websites for free consumer reports on products? Are there any sites out there (aside from Consumer Reports that you have to pay for) that have product reviews, possibly user submitted ones? I don't want the company telling me how good their product is, I'd like to hear from actual people who've used the stuff. I'm a college student I can't actually afford a subscription to the actual Consumer Reports, but I'd like to make informed purchases when I do buy stuff. Thanks!

How will the American consumer survive inflation due to the Euro Increase in value? I mean many people do not know how to cook from srcatch and buy prepackaged meals as the euro increases it will cause a market correction in all goods, usually cutting back on food helps. However this more not be an option for people who do not know how to cook. What will the net effects be on the consumer? and the Market?

What is the best consumer line camcorder for recording live music? I would like to record musicians / bands and create videos but do not have a large budget to draw from. Is there a consumer line camcorder that provides better quality and features for downloading video to a computer for editing without breaking the bank? Thanks for your help.

Do some types of consumer spending create more economic growth than others? How is wealth ultimately created? Would it matter whether one spent a dollar on bus fare, or a luxury watch? Or is the answer simply dependent upon which contributes more to overall investment in new technologies, efficiency, etc. (whatever drives wealth creation) - and this could be consumer spending or business resources.

Where can I find consumer good increases from the year 2007 to the year 2008? I need to find the percent of increase in consumer goods for the following products bread, milk, gas and a few other things? What is a website that I can go to that is accurate?

How much more energy does a Plasma TV consumer compared to a LCD TV? How much more energy does a Plasma TV consumer compared to a LCD TV? Everyone says Plasma consumes more energy than a LCD, but by how much? Twice as much as a LCD? Newer versions of plasmas are now 'Energy Certified", does that mean they still consumer more energy than LCD, but overall, does not take that much compared to a traditional CRT TV?

What degree do I need to become a Consumer Psychologist? I am a Psychology major at a CA state University and am interested in analyzing consumer behavior as a Consumer Psychologist. Which grad schools would provide a good education in this field? Any internship suggestions would also be much appreciated, thanks!

How can I get my consumer product manufactured? If I want to have simple consumer goods branded and sold under my company, where do I go to have them manufactured? For instance, if it was glassware or nutritional supplements? I just need to be pointed in the right direction. Don't just say "china", please.

How do you obtain a consumer fireworks permit in New Jersey? I would like to do a small (possibly 30 minute) consumer (1.4G) fireworks display for the 4th. I have 7-1/2 years of experience with fireworks but still do not know how to obtain a one night permit in NJ so i can do it legally.

How did consumer credit counselors become a mandatory part of the bankruptcy process? In 2005, it became the law in the United States that before a person could file for bankruptcy protection, they needed to complete consumer credit counseling. I am very interested in reading a case study about how they (the consumer credit counseling industry) pulled this off. I have a cursory understanding of the issue - the arguments, the changes to non-profit status, etc... so I don't want just some high level, overview. I am much more interested in the steps and arguments they used to accomplish this.

How is lead getting into various consumer products? I understand lead to be a naturally-occurring metal found in the earth. What are some of the uses for it in industry and consumer products and how does lead arrive in products that shouldn't contain lead, ie lipstick?

Can I take an orthodontist to consumer court for taking too much time to finish my treatment? How do I prove? My orthodontic treatment started 3 years back. Mine was a case of relapse. He promised to close all my gaps and complete my treatment in 1 year. Now it's 3 years.And there is still a slight gap left which he says will close with the retention plate Can I sue him under consumer protection act of India . If so how do I prove his malpractice in these circumstances? Please help me.

What is the harm with unregulated capitalism if the consumer makes the choice? Shouldn't it be up to the consumer to freely make their own choice when it comes to a purchase? Or should the government be able to intervene... If you believe the government should be able to intervene does this then assume the consumer is too foolish to make a choice for them self as a legal adult? Captain Bathrobe: I didn't assume perfect information, nor is the government perfect in terms of information. Both sides are man made and flawed. I believe individuals should be allowed to make any decision they desire.

What effect do consumer-protection regulations have on the circular flow of the free-market system? What effect do consumer-protection regulations have on the circular flow of the free-market system? A. They lead to increased prices and higher taxes, which reduces the flow to almost nothing. B. They divert resources to government planners, which cuts down on economic activity. C. They increase costs for producers, which slows the flow of investment. D. They inspire consumer confidence, which leads to increased purchases from producers.

Where can I find information about consumer trends in purchasing a vehicle? I am currently studying consumer values in purchasing a vehicle and I need some information about current statistics. Please can anyone help?!? Many thanks in advance!

What is the procedure of filing a complaint in consumer court ? Hi I am from mumbai, i want to file a complaint in consumer court regarding an electronics shop. Can anyone tell me what is the exact procedure and what all things i will require. Also can anyone post consumer court helpline number for mumbai .

What are the major and general consumer needs of Gambian locals in the Gambia? I am interested in making a future business investment in the Gambia. And I would like to know what the main consumer concerns/needs Gambians have, in terms of what products/goods/services they cannot access cheaply or at all.

What makes a professional MiniDV tape any different from a consumer level MiniDV tape? As above, I noticed that professional are more expensive than the standard consumer level MinDV cassettes. Alright, so what makes that mighty difference? Secondly, would there be any point investing in these more expensive cassettes for a consumer-cum-prosumer?

Who is the biggest consumer of beauty supplies worldwide? Who is the biggest consumer of beauty supplies worldwide? I am writing a paper and am a little crunched for time (seems to be the norm for me though lol). I am looking for statistics about the largest consumer of beauty supplies worldwide. If you know a good place for me to look please let me know. Or if you know the answer please tell me where you got it from. I should have said this to begin with, I need statistics for which countries are the largest consumers of beauty supplies.

What is the best method for consumer credit card debt relief? We started a program with "Consumer Credit Counselors" This progarm has us pay the Consumer Credit Counselors, then they pay the credit cards every month. All they do is lower some of the interest rates. They don't negotiate amount owed. The payments are too high for us, so we looked into other alternatives. We found one company that will do it differently for less. They have you pay into an escrow account, and they pay off each credit card individually. They say they negotiate lower balances and interest rates. The payment would be lower and the payoff time cut in half. Does anyone know of any reason we shouldn't do this? Are there any other better ways? WHAT IS THE BEST WAY TO GET CONSUMER DEBT RELIEF with no loans?

What's the difference between "post-consumer fiber" and "post-consumer waste" in recycled paper? When I try to read and understand the labels of green products, I get so confused. When it comes to "recycled paper" what is the difference between "post-consumer waste" and "post-consumer fibers?" They sound like the same thing. Which type of recycled paper is better?

Is the consumer product industry to successful to be outrun by cruelty free products? in other words, is the "tested on animals" industry too vast and consumer popular for the cruelty free industry to make a sizable impact and eventually become equal to or possible superior to the companies that do test on animals and maybe those companies would become cruelty free and stop testing on animals? this goes for the cosmetic industry, personal care industry, household product industry, etc. thanks in advance :)

What type of consumer would an omnivore be? What type of consumer would an omnivore be? Since it eats both plants and primary consumers, would it be considered a primary consumer or a secondary consumer?

how is consumer perception of a certain company related to the company's strategies? In other words, how can consumer perception of a certain brand affects the strategy of that brand?

Can a guardian dictate which group home a consumer chooses to stay in? I am a community support worker, working with a consumer who has a criminal history. He is at least a bit mentally challenged. I'm not sure, but it seems that he could be a victim of the system. In other words, they act like they (his group home staff in particular) want him to be independent, but they talk to him like he's worthless. He has a habit of changing group homes ---- quite often! Since his last "episode" (he tore some things up around the home to get his way) his guardian told him that he is not moving again. Is that his guardian's right?

Where is the best place to shop for consumer electronics cheap in India? I want to shop for consumer electronics in India where I can buy real cheap. Would someone suggest me some good websites?

What's a good website that reviews consumer electronics that are available in New Zealand? Those American sites are excellent, but I've noticed that they use different model numbers for consumer electronics in different countries, so anything I read about on a US site is probably called something else here in New Zealand.

What are the hot new consumer technology companies out of silicon valley area? My boss wants me to find the hot new companies in the bay area of California that focus on consumer technologies and i'm hitting a wall. Can anyone tell me of any hot new companies that do consumer technology and not business-to-business. thanks!

What type of consumer protection should the government have in place concerning credit cards? It seems to me like the interest rates that they charge are absolutely unbelievable. Especially when they slip it past someone on page 28 of their "rights" package. However, I wonder about the public's lack of financial education and how much responsibilty a person has to take for their own actions. I'm taking an economics course now and it seems like, when reading the basics of capitalism, that a lot of it really seems to depend on consumer's being rather, frankly, dumb. Does the Government have a place in "protecting" people, or is this really an example of "buyer beware"?

What can be done to control the prices of consumer items in the international market? Higher prices of consumer commodities mostly hit the poor countries more acutely. Therefore, some sort of control will benefit the majority of the people in the world who are poor. Instead of numerous charity works through hundreds of NGOs should not we investigate the possibilities of controlling prices of consumes commodities internationally, since the world is a global city now. ***** Is it possible to evolve a mechanism of susidising on selective basis for countries in need ?

What is the consumer audience of Maxwell and William? I need to know the consumer audience of Maxwell and William (the dinnerware). Just descriptive words that you would think the people buying the dinnerware are like.

What are the relative costs of development for a consumer electronics device? What does it cost to bring a consumer electronics device to market? Development costs include: The exterior design of the device and the development of its user interface. The software the device runs on. The hardware Assembly, Packaging and Transportation Other costs such as marketing and support are factors as well.

Is a Retail & Consumer Science degree good for someone who wants to open up a retail business? I want to start my own line of active wear and open up my own store. Obviously a business degree is a good path to go, however, I'm not sure I'd really like it. My university offers a Retail & Consumer Science degree- is this a good way to go? Or is this a bs degree that would be a waste of my money? Thanks!

What is the typical spend on Information technology by consumer packaged products companies? What is the typical spend on Information technology by consumer packaged products companies like Procter and Gamle, Unilever etc?

How was the Opium war related to social and consumer trends in Britain? How was the Opium war related to social and consumer trends in Britain? What does this tell us about China's shifting position in the global economy?

What Kind of Consumer Are You When You Order a Cheeseburger With the Works? The full question is. What kind of consumer are you when you eat a cheeseburger with the works? Explain or diagram the different food chains you are a part of when you eat your sandwich. The part I don't get is the part where is asks, "Explain or diagram the different food chains you are a part of when you eat your cheeseburger." Please help! Thank you!

What would be the effect of reversing the two P operations in the consumer process ? Refer to the “Producer-Consumer Reltionship” program you have given, now: What would be the effect of reversing the two P operations in the consumer process ? What would be the effect of reversing the two V operations in the producer process ?

What is the difference between business to business and consumer marketing? What is the difference between business to business marketing and consumer marketing? Its part of a question for my AS level business studies homework but I don't know what each of these are, please help! Thakyou (:

What is the difference between a customer and a consumer ? In the american language, "customer" and "consumer" are sometimes used undistinctively. Is there a difference in meaning ? What does the use of each term implies ? Well in French, "Client" and "Consommateur" implies different things. "Client" means someone who has a repeat relationship with the brand or shop, "Consommateur" means someone who just consumes the goods.

What do we exactly mean by consumer rights? Like how can it be violated? Can the issue of cola be conisdered as a conusmer right issue?? What about the rent that is increasing in today's world?? Can it also be considered as a consumer right issue?? If yes, what were the decision made by the consumer courts?

How much do consumer credit counselors earn? Is there anyone out there who is currently working as a consumer credit counselor and can tell me average starting salaries? I am in Texas. If you happen to know the salary for this area, that would be even better.

What happens to all the new consumer goods that go unsold? It seems impossible that all of the consumer goods that are on sale to the public at any given time are all going to be sold to an end user. What happens to all of these goods if they are not ultimately purchased by individual consumers?

Where can I find consumer reports on electric scooters? I would like to find detailed consumer reports on electric scooters, and not independent blog posts. Also, I am not interested in motorized scooters (these require gas), I am only looking for electric.

How would you describe a typical socio economic clas AB consumer? Obviously they're in professional and managerial positions and earn a lot but how would you describe their attitudes, beliefs and values? Basically a list of words that come to mind when someone says AB consumer. This is research not a set question so there is no right or wrong answer and the more answers the better! Thanks Please excuse my poor spelling/typing

Can you change a philips hotel tv from commercial to consumer mode without the master setup remote? Bought a used philips tv from a hotel. Its in great condition but it skips a lot of channels including espn which is a problem. Is there any way to change it from commercial to consumer mode without buying a master setup remote? I can't access a menu.

How could I learn about levels of presence of global consumer brands in poorer countries? Hello, I am interested in learning about the distribution of global consumer brands in poorer countries. Initially, I am interested in learning about what countries have particularly limited presence of global brands, and what countries have relatively high levels of presence of global brands (both in terms of breadth and magnitude of the presence). Additionally, I am interested in learning about the positions of several specific countries in this context: for the present, Haiti and Uganda. I would like to find information regarding relative magnitude of the presence of specific brands in these countries as well. If you would be able to suggest places for me to start, I would appreciate any such suggestions. If you have corresponding information that you could share, I would appreciate any partial answers to these questions, whether detailed or not. Thank you.

What are the different consumer groups and how are these groups kept separate? Discuss price discrimination and college textbooks. What are the different consumer groups and how are these groups kept separate?

How to change a consumer unit / fuse box? Does anyone know how a DIYer like myself can replace the consumer unit in my house. I have an old fashioned fusebox at the moment. I'm confident I can wire it up properly but I'd need to know how to turn off the supply to the house. Any thoughts.

Need to file a case at National Consumer Forum against a builder, any suggestions on a good lawyer New Delhi? I am fighting a case against a rogue builder in Blore. I have lost the case in State Consumer Forum in Karnataka. Now need to file an appeal at National Consumer Forum & looking for a smart & honest lawyer, who can fight my case on its merit. Please introduce to me to the good lawyer in New Delhi, you know personally.

How can we increase consumer confidence and consumption? Just wondering your thoughts as to how we might increase consumer confidence and consumption and why you think your idea will work. What are some short-term and long-term ways to approach this problem?

What is website of consumer forum for registering compalint online in India? I want to register a complain against a finance company. So can u help me by giving the web site of the consumer forum in india.

why is buying a mattress and/or carpet such a consumer unfriendly process? For both mattress and carpets the manufactures use different names at different stores. WTF? why do these consumer unfriendly modes of business continue in 2007?

How do the frequent media reports about national debt ect affect consumer confidence? How do the frequent media reports about national debt, corporate earnings, and unemployment levels affect consumer confidence?

Is an increase in consumer saving and investing likely to decrease the money supply? I have been stuck on this question will it decrease, increase reduce the amount of funds avaiable for business expansion or increase demand for consumer products and demand.

What does Cisco have to offer for the average consumer? I see ads for Cisco all the time, especially on FOX where they seem to supply their technologies for several of the shows. Why are they advertising to the common consumer? I went to their website and it seems as though everything is meant for corporate entities. They have this little "featured" section for individuals and entrepreneurs, but even there it seems like they don't have anything to offer as a company. Everything seemed to discuss how technology connects their lives, without touching on an specific Cisco products in particular.

How and why do corporations pass the cost to the consumer? I want to learn about economics, I'm curious to know how a corporation passes a tax onto the consumer and why that happens.

Whats the career that helps out in the making of consumer electronics? What is that profession called? I was pondering the other day about what career I would like to take up when I get out of high school and realized that I do have an interest in the making of consumer electronics (Like mp3 players, and portable devices. Not so much computers). What kind of professions are there that would help in the making of this kind of stuff? Can someone give me a list of careers around this area and tell exactly what they do? Thanks in advanced for your answers. I also would like to know what colleges would be good for this field and what courses in High School I should take. I know I'm just a freshman but I want to be prepared when I leave for a college. Thanks for the answer marystoy_2000. I understand a little more about what i'm asking now. What if I wanted to design the housing of the product and how its organized? Also, what would it be called if I wanted to be the Project Manager?

What are some of the laws within consumer promotional offers within an event? I need to figure out some of the laws within consumer promotional offers within an event. I can't find anything online.

What information can be found in a consumer file? I know that a credit report is typically part of a much larger document referred to as a "Consumer File", but what would one typically find in a "Consumer File"? I've never looked at mine, but potential employers always seem to want me to allow them to look at it.

How do I file a case in consumer forum against a Maruti Dealer? The dealer has damaged the paint of my car.? I need to file a case against Mumbai's Maruti Suzuki dealer in consumer forum (the legal department of consumer forum). He has damaged the paint of my car & is asking me to pay for it. Please provide me with the information

What can we say about the consumer and producer surplus when the supply curve is "perfectly inelastic"? What can we say about the consumer and producer surplus when the supply curve is "perfectly inelastic"? How can we tell which one is greater than the other?

What happens to total consumer spending in if the price for two goods increases? Pharmaceutical drugs have inelastic demand and computers have am elastic demand. Suppose that technological advance doubles the supply of both products ( that is the quantity supplied at each price twice what it was). What would be total consumer spending on each product?