Answer:
the general welfare will be the sum of consumer surplus and producer surplus.
Explanation:
The consumer and producer surplus assessment serves to measure the overall efficiency of the market, which in turn is associated with overall well-being. An efficient market is one in which both consumers and producers have the incentive to negotiate and effect trade.
Consumer surplus is the difference between the amount he or she is willing to pay and how much he or she actually pays for the product. This surplus is positive when the amount paid is less than the amount for which the consumer would be willing to pay.
Similarly, the producer's surplus is the difference between the market price and the price at which the seller is willing to produce and sell. When the producer's surplus is positive, it means that he sells the product for a price higher than the minimum value that would stimulate him to produce.
Thus, the general welfare will be the sum of consumer surplus and producer surplus.
Okay, so we start out with $15. Then 5 people take $3. All we have to do is <u>multiply</u> 5 by 3
5 x 3 = 15
Therefore, there will be <u>no</u> money left.
Hope this helps you
Brainliest would be appreciated
-AaronWiseIsBae
Answer: all the above steps are considered when evaluating financial planning except OPTION C how all small projects are added up for one big project.
Explanation:
financial is delicate aspect of any b business and company. financing a project companies need to follow some steps. the financial planning of a company of business must consider the following: i. the planning horizon which is the time frame of the planning process.
ii. the project horizon which explain the feasibility time of the project.
iii. identifying the total need of the investment. this explain the importance of the project at that particular time
iv. sets of assumptions for various scenarios. this explain various alternative courses of action concerning the said project.
the above listed steps are the only considered steps. there are others such as identifying the current financial position of the company,reviewing and revising the plan,creating and implementation of the financial action and many more
