Chaffee Corporation Staffs a Helpline to Answer Questions from Customers

question 76

Multiple Choice

Chaffee Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with respect to the number of calls in a month. At a volume of 33,000 calls in a month, the costs of operating the helpline total $742,500.
-To the nearest whole dollar,what should be the total cost of operating the helpline costs at a volume of 34,800 calls in a month? (Assume that this call volume is within the relevant range. )

• A)$742,500
• B)$783,000
• C)$704,095
• D)$762,750

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Definitions:

Producer Surplus

The difference between the amount a producer is willing to accept for a good or service versus what they actually receive in the market.

Government Policy

Governmental actions intended to influence economy or social behavior, including laws, regulations, and fiscal decisions.

Producer Surplus

The difference between the price sellers are content to take for a product or service and the financial outcome they achieve.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, essentially measuring the net benefit to producers from selling at a market price above their minimum acceptable price.