Answer:
Try try but don't cry I think we don't lose our hopes
Answer:
A. the value the consumer gets from buying a product less its price.
Explanation:
The consumer surplus refers to the benefit a consumer receives when they pay a lower price for a product than the one they were willing to pay. It is calculated by subtracting the price a consumer paid for a product from the maximum price that they were willing to pay. According to this, the answer is that the consumer surplus can be defined as the value the consumer gets from buying a product less its price.
Answer:
Option D is correct
Explanation:
The company is liable for proper communication of cautions, defective designs and production processes that she uses to manufacture the product but it is not liable for the the consumer unforeseeable misuse of a fan. Because it is not associated with the duty of care. I also have a duty of care to myself like you have to yourself. If I have struck myself with a hammer then it unjustifiable to sue the company. I am misusing that hammer. I don't have the license but still I am driving car, it means I am misusing the asset. This means some operations are restricted by law and some are implicitly restricted.
Answer:
Increase by more than $500 billion.
Explanation:
Use the below formula to find the multiplier effect.
Multiplier = 1 / (1-MPC)
Multiplier = 1 / (1 - 0.8)
Multiplier = 1 / 0.2
Mulitiplier = 5
GDP increase by = 5 x 100
GDP increases by = $500
Since the multiplier is five and the increase in transfer by $100 that will have multiplier effect of $500. Thus option "a" is correct.
