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nevsk [136]
3 years ago
8

Producer surplus is defined as the:difference between a price floor and the market price.gap between the supply curve and the ma

rket price.gap between the demand curve and the market price.difference between a price ceiling and the market price.
Business
1 answer:
klemol [59]3 years ago
7 0

Answer:

Gap between the supply curve and the market price.

Explanation:

Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.

Producers surplus = Actual market price - Willingness to accept the price

Graphically, it is the area between the upper portion of supply curve and the market price.

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Chris Anderson bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 8.6 pe
Step2247 [10]
0.111 annual interest rate pay. Made monthly
6 0
3 years ago
A coase solution to a problem of externality insures ensures that a socially efficient outcome is to:
Zinaida [17]

Answer:

The correct answer is letter "C": maximize the joint welfare, irrespective of the right of ownership.

Explanation:

Named after British economist Ronald Coase (1910-2013) the Coase Theorem is a legal and economic theory which states that, when there are competitive markets and no transaction costs, <em>bargaining will result in an effective and mutually beneficial outcome irrespective of how property rights are distributed</em>.

5 0
2 years ago
In two or more complete sentences, compare and contrast making a purchase with a debit card versus making a purchase with a cred
Vlad [161]

Answer:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

Explanation:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

3 0
2 years ago
Define the terms anatomy and physiology. List and define the following subdivisions of these two areas of study:
Pie

Answer:

Anatomy

a. gross/macroscopic anatomy  (b. systemic anatomy is the subdivision of this)

c. microscopic anatomy

d. developmental anatomy

e. embryology.

Explanation:

Anatomy is the branch of biology that studies the structure of living organisms. This discipline owes its name to the main method of investigation, dissection, which has remained of fundamental importance even in the modern era, albeit integrated by other modern and improved methods of investigation. The "coupon division" is one of the means of study of this science, which in a more exact way could be called sectorial anatomy, which is the branch of macroscopic anatomy (gross) which makes use of the method of dissecting the corpse or parts of it, fresh or suitably prepared. Despite the birth of new conservation techniques, such as plastination, and three-dimensional virtual technologies, dissection remains the elective method for the study of anatomical discipline.

Anatomy is divided into animal (zootomy) and plant (phytotomy) anatomy. The study of the relationships between different beings or organs of different beings is called comparative anatomy; when it is limited to one animal species, it is called special anatomy. The first representative of the special anatomy is the human anatomy; this can be approached from different points of view. From a medical point of view, it consists of the knowledge of the exact shape, position, size, variations, development and interrelation of the various parts of the human body in health, and the terms descriptive or topographical human anatomy are given to this study.

An accurate knowledge of all anatomical details requires years of observation and is owned only by a few doctors who dedicate their lives to research in this area. The human body is so complex that only a small number of human anatomists (also called anatomists) master all its details: many specialize only on certain parts, such as the brain, the bowels, etc., maintaining a good general knowledge of the rest of the body.

The topographical anatomy must be learned by each anatomical aspirant through the repeated dissection and inspection of the corpses. It is a type of knowledge similar in some ways to that of an airplane pilot, it must be precise and available in emergency situations. Such a preparation can only be achieved by obtaining a degree in Medicine and Surgery, high post-graduate training and several years of experience in the field, both in the macroscopic and microscopic fields, but also in clinical applications.

From a morphological point of view, human anatomy is a fascinating scientific study that has as its object the discovery of the causes that led to the current structure of the human being, and requires knowledge of other sciences: histology, cytology, embryology and physiology. The Anatomical Doctor deals with research, teaching and training of Specialist Doctors (Clinical Anatomy, Surgical Anatomy, Radiological Anatomy, Endoscopic Anatomy, Experimental Anatomy, etc.). Therefore, in order to carry out this profession, it is also necessary to have profound knowledge of Pathophysiology, Semiotic Clinical Methodology and Surgical Pathology. Pathological anatomy is the study of diseased organs. While the various disciplines of normal anatomy, which apply to various purposes receive a particular denomination such as medical, surgical, gynecological, artistic and superficial anatomy, the anatomical comparison of the different ethnic groups is part of the science of physical anthropology or anthropological anatomy.

3 0
3 years ago
You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of
grin007 [14]

Answer: $338712.36

Explanation:

Given the following :

APR = 6.35% = 0.0635

Monthly payment = $1800

Cost of home = $340,000

Period (t) = 420

Monthly rate = 0.0635 / 12

Amount paid on loan = PV of monthly payment :

PMT(1 - (1 / (1 + r)^t)) / r

1800[(1 - (1 / (1 + 0.0635/12)^420)) / r]

1800[ (1 - (1 /9.1764488)) / r

1800[ 1 - 0.1089746] / (0.0635 / 12)

1800 [168.38275]

= $303088.95

Hence, amount yet to pay :

$340,000 - $303088.95 = $36911.05

Hence, balloon payment :

36911.05( 1 + r)^t

36911.05(1 + 0.0635/12)^420

36911.05(1 + 0.0052916)^420

36911.05(1.0052916)^420

36911.05 × 9.1764488

= $338712.36

8 0
2 years ago
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