All categories

3 years ago

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

Tình hình kinh tế và triển vọng phát triển của việt nam

Marina CMI [18]

Answer:

English plzzz

Explanation:

5 0

3 years ago

Work in process, November 1st Started in production during November Work in process, November 30th Units 16,900 109,000 24,900 T

NemiM [27]

Answer:

Explanation:

Opening units 16900

Started 109000

125900

Transffered 101000

Closing 24900

Production and cost table using Weighted average method

Cost Opening current Total Complete WIP Equivalen Cost

Head Cost Cost Cost Units Units Units PerUnit

Mat. 55,460 477,000 532,460 70,000 22,410 92,410 5.76

Lab. 21,220 191,880 213,100 70,000 7,470 77,470 2.75

MOH 16,140 400,160 416,300 70,000 7,470 77,470 5.37

Complete 70,000 8.51 595,887

Closing Wip

Material 22,410 5.76 129,125

Labour 7,470 2.75 20,548

MOH 7,470 5.3737 40,141

189,814

4 0

3 years ago

A relatively flat demand curve indicates that the demand for a product is very sensitive to a change in price.TrueFalse

Free_Kalibri [48]

Answer:

True.

Explanation:

A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.

Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.

The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.

3 0

3 years ago

Which three factors should you consider when deciding when and where to compose?

Alexeev081 [22]

Time management, environment, and interruptions are the three factors you should consider when deciding when and where to compose.

Time management: It is important to focus on the work on which you are doing to be a successful researcher. This can only succeed through successive management. Time management which is effective can make you more productive as well as minimize the factors which can affect your time like interruptions and procrastination during composing.

Environment: The best writing environment is necessary while composing. It forces the user to write because humans are social animals and are well motivated by social pressures. when it comes to writing That's a good thing. It urges the user to write more and to stay happier about doing as we are surrounded by other people who are composing.

Interruptions: After an interruption resuming the work is somehow not difficult for simple tasks, but it affects the complex ones. Interruptions can threaten work resources which will create employee stress, work overload, time famine, and time pressure as per studies.

Learn to know more about musical composition on

brainly.com/question/26373912

#SPJ4

8 0

2 years ago

The market for economists in Greenland has recently experienced an increase in the number of economists employed and an increase

gulaghasi [49]

Answer:

The answer is "Option C"

Explanation:

Please find the complete question in the attached file.

Its market to economics remained constant, while the market demand increased because the supply increasing will cause amounts to decline but salaries to rise.

Its same reverse relationship refers to the market for products and services. As demand rises and supply continues to increase, its greater supply will result in higher balance prices or conversely. It supply-demand rising but dropping until a reasonable price is reached.

4 0

3 years ago