Answer:
single seller competition in the short run
Explanation:
because Monopoly is considered a product maximizer so it can't be minimal and it most definitely is not close substitute for their products and services
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
Answer:
The correct answer is:
- Conduct monetary policy;
- Ensure that the financial system is stable;
- Provide banking services to commercial banks, depository institutions, and the federal government.
Explanation:
A central bank is the apex monetary authority in a country. It plays several crucial roles in the smooth working of the economy.
- A central bank issues currency on behalf of the government.
- It formulates monetary policy on behalf of the government.
- It acts as a banker for the government.
- It acts as a banker for commercial banks.
- It supervises all financial institutions.
The role of providing services to businesses and consumers is played by commercial banks. Fiscal policy is formulated by the government. The responsibility of ensuring the growth of the economy also falls with the government.
Answer:
Explanation:
A firm that uses an international division structure sometimes experiences intra-organizational conflict because more resources and management attention tend to get channeled toward the international division than toward the domestic divisions