Answer:
True
Explanation:
The net cash flow for the year can be calculated using the following equation:
net cash flow = net income + accounts payable - accounts receivable
net cash flow = $29,500 + $5,400 - $2,500 = $32,400
We have to subtract accounts payable since they were included in the net income but the cash has not been received yet.
A demand schedule illustrates the relationship between price and quantity in the format of a table.
A demand schedule generally consists of two columns. The first column shows the price of a product in ascending and descending order. The second column shows the quantity of the product which is desired or demanded at that price.
In economics, a demand schedule is defined as a table which shows the quantity demanded of a good and service at the different price levels. A demand schedule can also be graphed as a continuous demand curve on the graph chart where the Y-axis represents the price and the X-axis represents the quantity of the product or service.
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Answer: Total consumer surplus is $27
We calculate Consumer Surplus as follows:
We calculate Consumer Surplus for each person
Person Price Willing Actual Price Consumer Surplus
John 30 20 
Susie 28 20 
Joseph 25 20 
Jessica 23 20 
<u>Jeremy 21 20 
</u>
<u>Total Consumer Surplus 27 </u>
<span>Actually here in this type of scenarios the couples are in the starting phase of mutual relationships which may be of any of types of relationships, ie, the couples want to spend as much time as possible together to know, feel & understand eachother and finally form a very close relationships , which may sometimes end in true love for sure. The correct answer is integrating stage.</span>
