Answer:
Producer surplus is
- D. the difference between the lowest price a firm would be willing to accept and the price it actually receives.
How does producer surplus change as the equilibrium price of a good rises or falls?
- As the price of a good rises, producer surplus <u>increases</u>, and as the price of a good falls, producer surplus <u>decreases</u>.
Explanation:
Producer surplus refers to the difference between what a supplier or producer is willing and able to accept for their goods or services, and the actual price of those goods and services. If the supplier is willing to accept $2 per unit, but is able to sell them at $3 per unit, the supplier or producer surplus = $3 - $2 = $1
The answer to this question is the peer-to-peer networks. A peer-to-peer network or P2P is a network of computers that has the ability to share data, files, and information within a group or with selected users. The advantages of using a peer-to-peer network is that it can be easily set up, there is no need for servers that are too expensive because users will use their own workstation to access the files, and lastly there is no need for a network technicians for this kind of network.
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
Had to look for the options and here is my answer:
The type of bond that Doug has purchased based on the given situation above is called the CONVERTIBLE BOND. From the word itself convertible, this is the type of bond that can be converted into an exact number of <span>shares of common stock. Hope this helps.</span>
Mutual funds and stocks <span>best suits their needs. </span>