Answer:
Option (B) is correct.
Explanation:
Producer surplus is defined as the difference between the current market price of a good and the amount or cost incurred by the firm to produced the good. If the producer will be able to get the higher price for a good than the full cost of production of that good then he will earn the producer surplus.
Graphically, the producer surplus is represented by the flat top.
Answer:
The conquest of Constantinople by the Ottomans marked the end of the Byzantine Empire. It also significantly weakened the position of the Orthodox church compared to the Catholic church.
Islam was the official religion of the Ottoman Empire. The highest position in Islam, caliphate, was claimed by the sultan, after the defeat of the Mamluks which was established as Ottoman Caliphate. The Sultan was to be a devout Muslim and was given the literal authority of the Caliph.
The fall of the city removed what was once a powerful defense for Christian Europe against Muslim invasion, allowing for uninterrupted Ottoman expansion into eastern Europe.
Hope this helps!
(btw im muslim:)
The rest of your question:
unavoidable fixed overhead cost. What are the relevant costs for this decision? Based only these costs, which option should the company <span>choose?
The answer:
Relevant cost to make and Buy.</span>
The general conclusions that can be drawn about Eli's situation are:
- He may still be covered in some cases.
- He faces more risk than insured people do.
- He may have to take precautions but many factors are beyond his control.
- Not being able to afford insurance was a factor in him not being covered.
<h3>What is insurance?</h3>
Insurance is a coverage in case of unforeseen circumstance or unexpected situation.
Based on Eli situation he may likely be covered in some cases even though he is not insure but he is at risk more than insurance policy holders.
Therefore he faces more risk than insured people do.
Learn more Eli situation here:brainly.com/question/15638088
#SPJ1
