Answer:
B. The form will ask if an applicant can legally work in the United States.
Explanation:
Applications for employment in the United State of America is sometimes rigorous and sometimes easy. Nevertheless, each process involves filling a form that inquire if an applicant can legally work in the United States or not.
The purpose of this form us to ascertain if the the applicant is a citizen of the United States or is legally authorised to work in the United State of America.
Answer:
C. Her employer has a centralized structure.
Explanation:
Centralized structure means basically everything has to go through Monica's approval, even day-to-day operations.
Options:
A. Judy's producer surplus is $270,000
B. Judy's producer surplus is $5000
C. Gary's Consumer surplus is $5000
D. Judy's consumer surplus is $30000.
Answer:
B. Judy's producer surplus is $5000
D. Judy's consumer surplus is $30000.
Explanation: Surplus is a term used to describe the amount spent in excess of the Actual worth of a given asset or a material, the asset or material can either for business, convenience or for leisure.
Producer surplus is the amount which a producer expected to be paid for the supply or production of a particular product and the amount received after supply.
JUDY'S PRODUCER SURPLUS= ACTUAL AMOUNT IT WAS SOLD-THE AMOUNT THE PRODUCER IS WILLING TO SELL
=$90,000-$85,000
=$5,000.
Consumer surplus is the difference between the amount a Consumer is willing to pay for a good or service and the actual amount paid.
CONSUMER SURPLUS= THE AMOUNT THE CONSUMER IS WILLING TO PAY- THE AMOUNT THE CONSUMER PAID
$150,000-$120,000
=$30,000.
D. It can allow you to save money if you time your purchases correctly.
For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).
