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BU/224 BU224 BU 224 Week 5 Discussion

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BU 224 Week 5 Discussion Unit 5: Surplus – Discussion Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Then respond to your Discussion topic after you have completed your Reading. Tailored Clothes 1. Assume that you were ready to buy a custom tailored Dress (or men’s suit) and you are prepared to pay up to $200 for it. Also assume that the tailor is prepared to sell that item of clothing for as little as $100. When you arrive at the tailor shop, the posted price for the item is $150. Discuss how this scenario relates to producer and consumer surplus and how such surpluses, if any, affect buying and manufacturing decisions 2. Discuss any recent purchases you have made and for which you feel that a similar rational seemed to be at work. Accounts Assignment Help, Accounts Homework help, Accounts Study Help, Accounts Course Help

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