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3 years ago

The difference between the and the from the sale of a product is called producer surplus.

1 answer:

5 0

The difference between the lowest price (that a firm would have been keen to accept) and the price it actually receives from the sale of a product is called producer surplus.

Producer Surplus is an economic measurement. Total economic welfare is equal to the addition of consumer surplus and producer surplus.

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In recent decades, the average level of skills and training possessed by immigrant workers has: A. increased. B. decreased. C. r

Gwar [14]

The average level has increased A

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3 years ago

Careers in the Hospitality and Tourism career cluster are

son4ous [18]

Answer:

The correct answer is: B. Bountiful and expected to continue to grow.

The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.

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3 years ago

Read 2 more answers

Hope receives an $18,500 scholarship from State University. The university specifies books, supplies, and equipment, while $10,0

irga5000 [103]

Answer:

Hope's gross income = $5000 + $10,000 = $15,000

Explanation:

First, we need to highlight what are qualified education expenses especially for tax-free fellowships and scholarships.

Specifically, the qualified expenses that will be tax exempt will be

The tuition and fees which are requirements to go to an eligible school or institution

Other course related expenses required for courses in such institutions such as books equipment and supplies are also tax exempt.

However, room and board, research travel and other expenses that are not required for courses in the institution are not tax free

Based on this analysis:

Hope's initial earning on campus = $5000

However, $10,000 spent on room and board are not required for enrolment in the school, hence, it will be added to the earnings to make the gross income

Hope's gross income = $5000 + $10,000 = $15,000

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3 years ago

When a periodic inventory system is used, a. only the cost of merchandise sold is recorded each time a sale is made. b. only rev

marysya [2.9K]

Answer:

b. only revenue is recorded each time a sale is made

Explanation:

Under periodic inventory we adjust for COGS at the end of each month,

We don't recognize Cost of Goods Sold at the moment of sale.

When a sale occurs we recognize the revenue associate with the sale only.

It is under perpetual system when he adjustment on inventory and COGS are done simultaneously with the sale.

4 0

3 years ago

You own a portfolio equally invested in a risk-free asset and two stocks (If one of the stocks has a beta of 0.66 and the total

Alja [10]

Answer:

The beta of the other stock or stock B is 2.34

Explanation:

The beta of the portfolio is the weighted average of the individual stock betas that form up the portfolio. To calculate the beta for the portfolio, we use the following formula,

Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

w represents the weight of each stock in the portfolio

As the portfolio is equally as risky as the market, the portfolio beta is assumed to be the same as that of the market and the beta is 1.

The beta is the measure of systematic risk and a risk free asset does not have risk and has a beta of 0.

To calculate the Beta of stock B in the portfolio, we simply put the available values in the formula for the portfolio beta,

1 = 1/3 * 0 + 1/3 * 0.66 + 1/3 * Beta of B

1 = 0 + 0.22 + 1/3 * Beta of B

1 - 0.22 = 1/3 * Beta of B

0.78 * 3 = 1 * Beta of B

2.34 = Beta of B

Thus, the beta of the other stock or stock B is 2.34

4 0

3 years ago

The difference between the ________ and the ________ from the sale of a product is called producer surplus.

The difference between the and the from the sale of a product is called producer surplus.