Jeff pay $2,300 for his computer.
b. $2,300
<u>Explanation:</u>
Consumer surplus can be defined as the amount that the consumer is willing to pay for a product or a service. The word surplus is a synonym for something extra or excess. It corresponds to the extra benefit that the consumer gets while buying something which may be the result of some discount, sale, or negotiation.
Jeff realizes a consumer surplus of $700 while purchasing a laptop of $3000. As the consumer surplus is $700,
the amount Jeff has paid for the laptop is: $3000 - $700
: $2300
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attached file.
It will obtain as much information about this matter as necessary even before the conference. It includes its gravity or probability of risk, various cases in the entire event, the possible solutions to the issues, as well as the consequences for parties involved in each potential answer, and Only at conferences, it may clarify to my boss that the explanation for the problem and also in details. It will be doing everything possible and try not to conceal the details but highlight the problem.
The two major SAS steps are data and proc.
SAS programming structure is based on two essential steps, Data and Proc.
1. The DATA step:
This involves collecting and uploading the essential data to the program memory. It is used to update, modify and edit the data in case of any errors once it has been added to a dataset. New datasets can be created from existing ones by updating, editing, and/or merging them. at the end of this step, SAS data sets are created.
2. The PROC step:
This step processes and analyses the data collected into datasets in the previous step. it is used to perform specific functions on the data. at the end of the proc step, a result or report is produced.
In a SAS code, each line of code should begin either with a DATA or PROC step.
<u>While the other options are incorrect because: </u>
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- Analysis: analysis is done in the PROC step.
- Content: Data or content is collected in the DATA step.
- Stat: a stat function acquires the status information regarding a specific file. Functions are performed on the datasets in the PROC step.
- Run: This command is used to execute a code.
- Import: Datasets are created by importing data from other datasets and outside.
- Print: the report produced at the end of the PROC step can be printed as a hard copy.
You can learn more about SAS at
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