Answer:
Amount received by sellers - Costs of sellers.
Explanation:
Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.
Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.
Consumer surplus = Value to buyers - Amount paid by buyers.
I hope my answer helps you
Answer:
The correct answer is letter "A": import substitution.
Explanation:
Import substitution is the strategy by which a government sets restrictions on imports so the same products being imported are consumed domestically instead of being exported. This approach is implemented to boost domestic production which increases the employment rate of a country.
<em>Protectionist countries</em> tend to impose tariffs on other countries' imports in an attempt to prioritize the industries within their borders.
Answer:
The correct answer is Scientific Management
Explanation:
The Principles of Scientific Administration is a monograph published by Frederick Winslow Taylor in 1911. This influential monograph, which ordered the principles of scientific administration, is a transcendental text of modern organization and decision theory that has motivated students and administrators about administrative technique. Taylor was an American manufacturing manager, mechanical engineer, and subsequently an administrative consultant in later years. This character is commonly known as "The Father of the Scientific Administration." His approach is also referred to as Taylor Principles or Taylorism.
Answer:
2) Chemotherapy for cancer patients
Explanation:
Chemotherapy for cancer patients is a basic necessity needed for the patient to continue living, so if the price of chemotherapy increases or decreases will not affect the patient's choice of getting it. What can affect the patient's decision is whether he/she can afford the treatment, but even if he/she can't they will seek other ways of trying to obtain it, e.g. going to public hospitals.
Answer:
The Spread Identity of all Purchasers
Explanation:
Negotiated Municipal Underwriting represents a process where the purchase and offering prices of a new security or securities is settled by a single underwriter and a the issuer of the new securities. It is a process that requires the co-operation between the issuer of a new security and an underwriting bank to ensure that a new issue is brought to the market.
The issuer and the underwriter are expected to enter into negotiation in order to determine the purchase price. The underwriter then pays the agreed purchase price for the issues.
Specifically, Negotiated municipal underwriting requires the disclosure of the offering and the spread price for each maturity or issue but it does not require the disclosure of the names of the underwriters or their participation amounts.