Answer:
Now we're in the Pleasant Park streets
Look at the map, go to the marked sheet
Answer:
I sold a used laptop for $139, even though I was willing to go as low as $130 in order to sell it - producer surplus PRODUCER SURPLUS
Even though I was willing to pay up to $147 for a watch and even though the seller was willing to go as low as $137 in order to sell it, we couldn't reach a deal because the government imposed a tax of $16 on the sale of watches. - neither NEITHER
Even though I was willing to pay up to $47 for a jersey sweater, I bought a jersey sweater for only $39. - CONSUMER SURPLUS
Explanation:
Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell the product.
In this question, the producer surplus is $139 - $130 = $9
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
In this question, the consumer surplus is $47 - $39 = $8
I hope my answer helps you
The reasons why producers choose to specialize are:
- to gain a comparative advantage
- to increase efficiency.
<h3>What is specialization?</h3>
Specialization is when a producer concentrates on the production of some particular goods and services.
Advantages of specialisation
- It increases economies of scale
- It increases the efficiency of the producer
To learn more about comparative advantage, please check: brainly.com/question/25139916
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<span>For optimal benefits, you should perform activities from all parts of the physical activity pyramid each week.
</span>Moderate physical activity is the first step in the Physical Activity Pyramid, and vigorous aerobics is the second step in the Physical Activity Pyramid. the third step is vigorous sport and recreation, Muscle Fitness Exercises represents fourth step and fifth step is Flexibility Exercises.
