Answer
The answer and procedures of the exercise is attached in the image below.
Explanation
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The Producer surplus is $300
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How to calculate the producer surplus ? </h3>
Producer surplus can be described as the profit gotten when a product is sold at the market price. Producer surplus can be calculated by subtracting the consumer surplus from the total surplus.
Producer surplus = Total surplus - consumer surplus
= 500 - 200
= 300
Hence the producer surplus is $300
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The correct and final answer is B because credit to cash makes more sense then the other answers
Answer:
Calculated risk taking
Explanation:
This is a chance of exposure to loss or injury that might be undertaken after its advantages and disadvantages have been carefully weighted and considered.
