Answer:
THERE IS NO ANSWER FOR THIS
Explanation:
YOU NEED ALL THE MONEY
The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />
Marketing links producers to customers.
That is the answerzb
The correct answer is $126,375.
If the term is four months long and Davis institute receives $168,500 in tuition for the four months then they receive $42.125 per month. You can calculate this by dividing $168,500 by 4, which equals $42,125. Three of the months are in the first fiscal year, so 3 months worth of revenue will be allocated to that year. $42,125 x 3 = $126,375.
Answer:
Total surplus = 4000
so correct option is D. $4000
Explanation:
given data
P = 300 - 2QD
P = 100 + 3QS
to find out
sum of the consumer and producer surplus
solution
we first equating both as equilibrium at QD = QS
so
300 - 2Q = 100 + 3Q
solve we get
Q = 40
so P will be
P = 3 00 - 2 × 40
P = 220
Consumer surplus area above price and below demand so
Consumer surplus = 0.5 × (300 - 220) × 40
Consumer surplus = 1600
and
Producer surplus area above supply curve and below price so
Producer surplus = 0.5 × (220 - 100) × 40
Producer surplus = 2400
so Total surplus will be
Total surplus = Consumer surplus + Producer surplus
Total surplus = 1600 + 2400
Total surplus = 4000
so correct option is D. $4000
