Answer: Statement 1 ( Laptop) = Producer surplus
               Statement 2 ( watch ) = Neither
               Statement 3 ( jersey sweater) = Consumer surplus
Explanation:
Hi, Consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay.
- <em>Even though I was willing to pay up to $46 for a jersey sweater, I bought a jersey sweater for only $39.  </em>Consumer surplus
 
Producer surplus<em>  </em> is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive
- 
<em> I sold a used laptop for $149, even though I was willing to go as low as $140
.</em>Producer surplus
 
- <em>I sold a watch for $59 on eBay last week. This week, someone offered me $145 for it.  </em>neither
 
Feel free to ask for more if needed or if you did not understand something.
 
        
             
        
        
        
Answer:
brand loyalty
Explanation:
Brand loyalty: The term "brand loyalty" is determined as the propensity of specific consumers to "continuously purchase" a particular brand's products over some other brand's products. However, a specific consumer's behavioral patterns are responsible for demonstrating that he or she will continue to purchase products from the same company that has been fostered a "trusting relationship".
In the question above, the given statement represents brand loyalty.
 
        
             
        
        
        
Answer:
When bonds are converted into common stock____.
a. the market price of the stock and the bonds is ignored when recording the conversion.
Explanation:
This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on.  Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.
 
        
             
        
        
        
100% percent State Farm 
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