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.
Answer:
-2.4%
Explanation:
The GDP per person of the nation of Freedonia for the current and last year, respectively, are:
The growth rate (R) between this year and last year is given by:
The growth rate of real GDP per person was -2.4%.
Answer:
Policy loans are permitted on an interest-free basis.
Explanation:
The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person
So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest
Answer:
For the Country B, the Median is also $30,000, and the Mean is $50,000
Explanation:
We first arrange the information in this way:
Country B
Family Income
Family 1 $10,000
Family 2 $20,000
Family 3 $30,000
Family 4 $41,000
Family 5 $149,000
The median is exactly the number that is in the middle of the table, in this case, $30,000, corresponding to the income of the Family 3.
The mean is obtained by adding up all the numbers, and dividing the result by the quantity of elements:
Mean = $10,000 + $20,000 + $30,000 + $41,000 + $149,000
= $250,000 / 5
= $50,000
Answer:
The answer is A, parallel, although some people think it is hard, it is the most easiest and orderly.