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Tju [1.3M]
1 year ago
6

what happens when the price of a good increases holding everything else constant? producer surplus decreases consumer surplus de

creases producer and consumer surplus are unchanged consumer surplus increases g
Business
1 answer:
Diano4ka-milaya [45]1 year ago
3 0

Consumer surplus drops when a good's price rises while keeping everything else constant.

<h3>What is consumer surplus ?</h3>

Consumer surplus is a financial estimate of the benefits that consumers receive from market competition. When customers pay less for a good or service than they would be willing to, this is known as consumer surplus.It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.

In order to quantify the social advantages of public goods like national highways, canals, and bridges, the idea of consumer surplus was created in 1844. It has been a crucial tool for welfare economics research and government tax policy development.

To know more, consumer surplus, visit :

brainly.com/question/29025001

#SPJ4

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B.

Customers will have a variety of flavors to choose from

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For index numbers like stock market indexes A. the numbers are not measured in dollars or any other units and their values are m
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Correct option D

Explanation:

An index number is the measure of change in a variable (or group of variables) over time. It is typically used in economics to measure trends in a wide variety of areas including: stock market prices, cost of living, industrial or agricultural production, and imports. Index numbers are one of the most used statistical tools in economics.

Index numbers are not directly measurable, but represent general, relative changes. They are typically expressed as percents.

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Four (4) ways to harvest an investment in a business.
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Answer:

Harvesting an investment in a business

Four ways to harvest:

a. Outright sale of a company or the investment

b. Issue of Initial Public Offering (IPO)

c. Gradual elimination of a product, especially after the cow stage.

d. Withdrawal of additional investment and earning of profits.

Explanation:

These strategies can be employed by a business to reap the fruits from an investment.  The purpose for the investment and the risk profile of the investor determines the actual strategy or combination of strategies used by the investor.

7 0
3 years ago
About two-thirds of all U.S. commercial banks are chartered by the state in which they are based.The banks are called _________
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Answer:

State.

Explanation:

About two-thirds of all U.S. commercial banks are chartered by the state in which they are based.The banks are called state banks.

A state bank can be defined as any bank that receives or got its charter from a state government but not the federal government of the United States of America. In the United States of America, a state bank reserves the right to either be a member of the Federal Reserve System ("The Fed") or not and as such, can only do business within the state and be regulated by the state where it is operating.

<em>Some examples of state banks in the United States of America are California Bank of Commerce, CalPrivate Bank, United Pacific Bank, Citizens Business Bank etc. </em>

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Answer:

E.T. the Extraterrestrial

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Explanation:

To adjust a 1982 receipts for inflation in 1997, the 1982 receipts is divided by the 1982 price index and multiplied by the 1997 price index.  This results to an inflation-reflected receipts in 1997.

The adjustment helps to put a value that is equivalent to the current price (assessed period's current price) having factored in inflation.

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