Answer:
1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em> - Cumulative Shares
Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.
2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions - </em>Participating Shares
Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.
<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - </em>Non- Participating Shares
Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.
<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares
If their dividend is not declared in a certain period, they will forfeit that dividend for the period.
Answer:
C. subtracting the competitive level producer surplus from the producer surplus associated with less output
Explanation:
A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.
Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.
The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output
Answer:
I think it is Automated teller machine
Do you got a picture or something
Answer:
1. Equilibrium price ,p = $1.20 per pound, equilibrium quantity = 95 million pounds.
2. Surplus = 0
Explanation:
1. From the question,
the equilibrium price = 1.20
The equilibrium quantity = 95 million per pounds.
Equilibrium is gotten when Quantity supplied = quantity demanded.
2. When price floor == $1.00
Quantity demanded = 101
Quantity supplied = 79
Monthly surplus = 79 - 101 = -22
Quantity demanded > quantity surplus.
This implies that there is no surplus.
Surplus = 0
3. If a decrease in cost of feeding cows shift supply by 40 million we will have new supply schedule =
New qs = Qs + 40
63+40 = 103
71+40= 111
79+40 = 119
87+40= 127
95 + 40 = 135
103 + 40 = 143
111+40 = 151
119 + 40 = 159
127 + 40 = 167
135 + 40 = 175
143 + 40 = 183
