A. Wages is the general term for the payments for the use of resources
Answer:
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
Explanation:
Given a competitive market the consumer surplus will be the area of the demand curve above the market price
This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle
If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.
First it will set price equal to his marginal revenue.
Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
If this is true or false, then its true.
A comparative advantage exists when the possible value of specialization is lower than that of different nations. The life of comparative advantage is, in turn, suffering from things consisting of abundance, productivity, cost of exertions, land, and capital.
Comparative gain refers back to the capacity to produce goods and services at a decreased opportunity value, no longer necessarily at a greater volume or quality. Comparative advantage is a key insight that trade will still arise despite the fact that one u . s . has an absolute advantage in all products.
Comparative gain is a key principle in global trade and paperwork the basis of why free change is useful to nations. The idea of comparative advantage indicates that even supposing a country enjoys an absolute advantage in the manufacturing of goods, trade can nonetheless be beneficial to each trading partner.
Learn more about Comparative Advantage here:brainly.com/question/2827889
#SPJ4
Answer:
d
Explanation:
The four P's of marketing are the foundation for which marketing stands on.
They include :
product - this is the good that is being marketed
price - what consumer pays for the good
place - this is where the good is being marketed
promotion - this are the various forms of advertising carried out for the good
