1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jok3333 [9.3K]
3 years ago
5

Producer surplus is

Business
1 answer:
Burka [1]3 years ago
8 0

Answer:

B) the difference between the maximum a person is willing to pay and current market price.  

Explanation:

Consumer surplus is difference between maximum price consumer wants to pay and actual price he pays.

You might be interested in
How can one profit through arbitrage if the dollar per euro exchange rate in london is $2 per pound while in new york is $1. 95
Papessa [141]

Buy pounds in New York and sell them in London. This will make a profit of $0.05 per pound.

Problem-solving is the act of defining a problem; figuring out the purpose of the trouble; identifying, prioritizing, and selecting alternatives for an answer; and imposing an answer.

Problem-solving starts with identifying the issue. As an example, a trainer may need to parent out a way to improve a scholar's overall performance on a writing talent test. To do that, the instructor will overview the writing exams looking for regions for improvement.

Learn more about pounds here: brainly.com/question/4618263

#SPJ4

6 0
2 years ago
Explain the four factors of production​
Rus_ich [418]

Explanation:

i can't explain it but

factor are land entrepreneur

8 0
3 years ago
Read 2 more answers
A department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour. If a flexible budget re
BigorU [14]

Answer:

b) 168,000 direct labor hours

Explanation:

The computation of the actual level of activity achieved is shown below:

= (Total budgeted manufacturing cost - budgeted monthly manufacturing overhead cost) ÷ (Rate per direct labor hour)

= ($1,044,000 - $540,000) ÷ ($3)

= $504,000 ÷ $3

= 168,000 direct labor hours

Simply we deduct the budgeted monthly manufacturing overhead cost  from the total budgeted manufacturing cost and then divide it by the rate per direct labor hour so that the accurate direct labor hours could be computed

4 0
4 years ago
For financial managers to be socially responsible, it is necessary that they:
Arte-miy333 [17]
The correct answer that would best complete the given statement above is: MAKE A LONG TERM COMMITMENT TO THE NEEDS OF STAKEHOLDERS. For <span>financial managers to be socially responsible, it is necessary that they make a long term commitment to the needs of stakeholders. Hope this answer helps. </span>
7 0
3 years ago
What type of occupation do you prefer to do any why​
Fed [463]

Answer:

a hands on occupation

Explanation:

I dont like sitting around

7 0
3 years ago
Other questions:
  • A neighborhood swim club charges a one-time fee of $25 to join and $85 each month. If m is the number of months of membership an
    13·1 answer
  • Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch
    8·1 answer
  • Pat is concerned about better knowing the cultural tendencies of her business partners and competitors in Europe and Asia. Pat w
    15·1 answer
  • What is a teaming agreement? An agreement that will force both the vendor and customer to work together An agreement designed to
    6·1 answer
  • On April 30, Victor Services had an Accounts Receivable balance of $37,800. During the month of May, total credits to Accounts R
    7·1 answer
  • Elk, a C corporation, has $370,000 operating income and $290,000 operating expenses during the current year. In addition, Elk ha
    7·1 answer
  • In a free enterprise system, consumers choose their occupations and decide where
    8·2 answers
  • Michael has the ability to create and articulate a realistic, credible, and attractive vision of the future for an organization
    10·1 answer
  • Which of the following is not a factor of production
    11·1 answer
  • Inside the packaging of a new bread machine she purchases, Ginger finds a paper stating, "All our products will be replaced with
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!