<span>There are four characteristics used to classify each retailer. These are used to satisfy each and every customer's needs. The first one is the type of merchandise they sell. Second is the level and type of customer service given. This is the type of merchandise sold at the retail store. The last characteristic is the price of the merchandise being sold at the retailer.</span>
Answer:
The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.
Cheers
Answer:
$12.93
Explanation:
First , find the dividend amount per year;
D1 = 4.25
D2,D3,D4,D5, D6 = 0
D3 = 2.2020(1.024) = 2.2548
D7 onwards = 2.35
Next, find the present value of the dividends at 12.6%;
PV (of D1) = 4.25/ 1.126 = 3.7744
PV (of D2 to D6) = 0
PV (of D7 onwards) today = (2.35/0.126) /(1.126^6)
PV (of D7 onwards) today = 18.6508 / 2.0381 = 9.1511
Add the PVs to find price of stock;
= 3.7744 + 0 + 9.1511
= $12.93
Answer:
a. Producer surplus
b. Neither
c. Consumer surplus
Explanation:
The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.
a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.
b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.
c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.
