Explanation:
The computation is shown below:
The consumption is
= 40 cases × $40 per case
= $1,600
The import is also same i.e $1,600 because the purchase from Dutch distributor represents the consumption and imports for the United states economy.
Now the exporter is
= 200 transistors × $ 15
= $3,000
Now the net exports is
= Exports - imports
= $3,000 - $1,600
= $1,400
And, the consumption value is $1,100
The total economy consumption is
= $1,600 + $1,100
= $2,700
Now the GDP is
= Consumption + investment + government spending + net exports
= $2,700 + $0 + $0 + $1,400
= $4,100
The scenario that explains when producer surplus is important in the quest for competitive advantage is the economic value creation framework.
<h3>What is economic value creation framework?</h3>
The economic value creation framework is a strategy about the creation of economic value.
Under the economic framework, producer surplus is important in the quest for competitive advantage because this is the profit that a firm captures when producing and selling a good or service.
Learn more about surplus on:
brainly.com/question/380921
Answer:
Diversifiable
Explanation:
Diversifiable risk is risk that is peculiar to a company or industry. It can be eliminated by diversifying portfolio.
Systematic or Market risk is risk that is peculiar to the market and it can't be diversified away.
I hope my answer helps you
