Answer: Producer surplus, which is equal to the slope of the supply curve.
Explanation: The producer surplus is represented as the upper portion of the supply curve below the equilibrium price. It is the difference between the amount a producer is willing to sell a given commodity to the actual market price the good was sold at.
The extra benefit which the producer makes as profit when the market price at which the goods was sold at is greater than the amount the producer was willing to sell his goods.
I believe the answer is: Increasing taxes would place an unnecessary hardship on the citizens and should be avoided
Argumentative essay refers to a type of essay that is created in order to convince other people to adopt a certain idea or opinion. Appropriate style for an argumentative essay usually include clear correlation on how a certain action or choice would resulted in a certain situation/results , just like the sentence above.
Answer:
The correct answer would be option E, Homogeneous products leave consumers with no choice, which means this statement is False.
Explanation:
Homogeneous products leave consumers with no choice is the False statement, because homogeneous products are the products which cannot be differentiated or distinguished from each other. They have almost exact physical characteristics and properties. People cannot differentiate the products of different suppliers.
So homogeneous products have a lot of substitutes, people have a vast choice range for such products. For example if you go for grocery, you can find different apples coming through different suppliers from different countries, and you are clearly not able to differentiate between them, yet you have a vast range of choice to select from the apples you like.
Answer:
A. Buy a call
Explanation:
In the case when the investor purchase a call on the stock so the investor has the right to purchase for repurchase for a fixed price
Also the right way is to hedge a non-realized profit for a stock position i.e. short for purchasing a call
Therefore in the given situation, the correct option is A.
Answer:
Income = $8,200
Less:
Federal tax 10% = -$820
State tax at 5.5% = -$451
FICA at 7.65% = -$627.30
Total deduction = -$1,898.30
Net pay = $6,301.70
