Answer:
$3
Explanation:
Producer surplus is the difference between the minimum acceptable price a producer is willing to receive for his product and the price he sells the product.
Producer surplus = $18 - $15 = $3
I hope my answer helps you
Answer:
D. The futures price is above the expected future spot price
Explanation:
Contango is the phenomenon in which the future prices of a commodity are higher than the current or future spot prices. This situation occurs when the commodity's price is expected to rise over time, which results in an upward sloping forward curve.
Therefore, the answer that fits the description is alternative D.
Answer:
A. $287,000
B. $192,050
Explanation:
a. Based on the information givenwe were told that company ABC had net income of the amount of $287,000 after deducting Robert's salary of the amount of $86,100 which therefore means that ROBERT'S QUALIFIED BUSINESS INCOME will be the amount of $287,000.
b. Calculation to determine whether your answer to part (a) would change if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $181,050
Based on the information given the amount of $192,050 will be the additional amount of salary that can be deducted which is Calculated as:
=[$287,000 - ($181,050-$86,100)]
=$287,000-$94,950
=$192,050
Answer:
C) The equilibrium wage decreased.
Explanation:
Marginal product is the change in total production as a result of a one-unit-addition of a factor of production. The equilibrium wage will decrease as the increase in marginal product of the computer programmers causes a subsequent increase in the demand for computer programmers, since employing one more worker brings about an even higher production. The resources available for wages are held constant and have to be shared among the now bigger number of programmers, lowering the wage equilibrium level.
I think it is C or B or A