Answer:
Market
Explanation:
Producer surplus is the difference between the market price and the minimum price at which a producer would be willing to sell a particular quantity.
Producer surplus is known to be the total amount that a producer benefits or gains from producing and selling a quantity of a good at the market price. The total revenue that a producer receives from selling their goods minus the total cost of production equals the producer surplus.
Answer:
75%
<h3>
Explanation:</h3>
- Lenders use the lesser of the sales price or appraised value to calculate the loan-to-value ratio (LTV).
- This results in LTV of 75% ($300,000/$400,000).
<h3>How do you calculate the loan-to-value ratio?</h3>
- To figure out your LTV ratio, divide your current loan balance (you can find this number on your monthly statement or online account) by your home's appraised value.
- Multiply by 100 to convert this number to a percentage. Caroline's loan-to-value ratio is 35%.
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Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
Answer:
response
Explanation:
Health insurance protects you and your health. pays hospitals and whatnot. Business insurance protects your business and assets under it.
