Answer:
Sam's producer surplus is $3
Explanation:
A producer surplus is the difference between the amount a producer is willing to sell a product for and the price of the product in the market that consumers are willing to pay if the consumer price is higher.
Mathematically, it is represented as; market price - willing price
= 18 - 15 = $3.
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
B) Your employer benefits documentation
Explanation:
Your employer benefits documentation has little to do with your taxes as it is not a part of the tax rebate schemes.
<u>Supplement income is very much a part of taxable incom</u>e, so it has to be produced.
<u>The W 2 form is the primary taxation form</u> one receives from the IRS which is to be filled while filing for taxes.
<u>Routing and bank account details need also be provided</u> to track all the income generated through supplementary and main sources of income.
Answer:
<em>companies' operating performances can be compared by looking at each firm's EBIT, often referred to as</em><em> </em><em><u>operating</u></em><em><u> </u></em><em><u>income</u></em>
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<em>Operating</em><em> </em><em>income </em><em>is </em><em>the amount of profit after deduction operating expenses such as wages, depreciation, and cost of goods sold</em><em>.</em><em> </em><em>It </em><em>is </em><em>essentially</em><em> </em><em>revenue</em><em> </em><em>minus</em><em> </em><em>fixed </em><em>and </em><em>variable</em><em> </em><em>cost.</em>
Answer: an externality, market failure
Explanation:
Externality, simply refers to the gains and the costs that a third party gets due to the productivity or consumption activities of an individual or firm. In the above question, a negative externality occurs as the production of the firm has a negative effect on wildlife and the people living in the area.
In this case, the externality results in market failure which is due to the inefficiency with regards to the distribution of the goods in the free market.
