Answer:
the correct answer is *not spending all their current incomes.
Explanation:
if you look at all the other options, they are not creating wealth but depletes it away. the only way to build wealth is by investing and saving over time. ideally, by not spending all their current income.
If the internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are available for sale, we would expect that the benefits of trade will rise.
<h3>How internet has helped buyers?</h3>
- Everything is more convenient for the buyer when they have access to the internet.
- They have the freedom to read and think at their own pace.
- Customers are discovering a variety of methods to interact with brands and explore their goods and services because to the internet's nearly universal accessibility on a wide range of devices.
- Prospects are now better informed, so sales representatives who can move rapidly can turn leads over more quickly.
- Organizing sales teams has become simpler thanks to technology.
- CRM systems simplify the sales process and enable information sharing among teams, building a stronger team and ultimately increasing sales.
Learn more about CRM systems here:
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Answer:
a) The gross cost per household per year of this policy is $2 per household.
b) The policy's benefit per sugar producer per year is $2,500 per producer.
Explanation:
This tariff policy affects households, that loss consumer surplus, and sugar producers, which have a producer surplus gain.
The loss in consumer surplus due to the tariff will be $100,000 per year.
If there are 50,000 households in Sugarland, the cost per household is:
The gross cost per household per year of this policy is $2 per household.
The benefit per sugar produced can be calculated as the total benefit per year (producer surplus) divided by the total amount of sugar producers:
The policy's benefit per sugar producer per year is $2,500 per producer.
