Answer: some consumers are willing to pay more than the equilibrium price.
Explanation:
Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.
In an unregulated, competitive market consumer surplus exists because some
consumers are willing to pay more than the equilibrium price.
Answer:
The correct answer is option B.
Explanation:
As people are using more tablets and fewer television sets, the demand for television sets will decline. This will cause the demand curve to shift to the left. As a result, the price level will decline.
Now, with new production technique the cost of production declines. As a result, there will be an increase in the supply as the firm will be able to produce more at the same cost. This will cause the supply curve to shift to the right. This rightward shift in the supply curve may lead to an increase or decrease in the quantity of output. It depends on the extent of change in supply.
When there are differences between the cash balance per bank and the cash balance per book, this is due to the Bank reconciliation statement.
The key difference between cash book balance and bank statement balance is that cash book balance shows the cash balance recorded in a company's cash book while bank statement balance is the cash balance recorded by the bank in its bank records. is.
Such fees and charges are charged to the savings cash balance book, but no entry is made in the cash book unless the company receives the savings book from the bank and records these entries. This creates a difference between the two balances.
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Answer:
Option (B) is correct.
Explanation:
Given that,
Marginal federal income tax rate = 30%
Sum of your marginal state and local tax rates = 5%
Yield on thirty-year U.S. Treasury bonds = 10%
Municipal bond has a yield:
= U.S Treasury bonds × (1 - tax)
= 10% × (1 - 30%)
= (10 ÷ 100) × [1 - (30 ÷ 100)]
= (10 ÷ 100) × (70 ÷ 100
)
= (1 ÷ 10) × (7 ÷ 10
)
= (7 ÷ 100)
= 7%
Answer:
If we use the data of january then the quation of line is
y=mx+c
3500=40000m+2000
3500 is the value on Y axis, 40000 is the value on x axis, m is the slope of the line, 2000 is the Y intersect
the slope of the line will be 3/80 or 0.0375 and this tells the line is positive sloping.
