Answer:
Total producer surplus= $30
Explanation:
Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.
Consumer surplus= Market price - Price seller is willing to sell for
Marco is willing to sell at $15 hour
Kelly is willing to pay $30 per hour
Mike is willing to pay $20 per hour
Surplus from Kelly= 30- 15= $15
Surplus from Mike= 20- 15= $5
Total producer surplus= ($15*1 hour) + ($5 *3 hours)
Total producer surplus= 15 + 15= $30
Answer:
d) stocks
Explanation:
Stocks, which are shares in a company that may pay dividends once a year after liquid profits are accounted for. Investments in bank checking accounts are similar to earning interest like a saving account. Investing in market company stocks would give the investor an aggressive option of investing his money, as this type of investment is high risk with high return.
Answer:
1. B) Deflation
2. A)-10.00%
3. D) 8
4. E) 8.89 baskets.
5. (A) Rises
Explanation:
Deflation is a fall in general price levels. When deflation occurs, the value of money increases: The purchasing power of money increases.
The deflation rate = ( this year price level - last year's price level ) / last year's price level
Deflation rate =( $9 - $10) / $10 = -10%
In the previous year, $80 would purchase $80 / $10= 8 baskets
This year, $80 would purchase $80 / $9= 8.89 baskets
Inflation is a rise in the general price levels.
I hope my answer helps you
Answer: This is a violation of position limits
Explanation:
When checking to see if there has been a violation of control limits, all the accounts managed by a single entity or all accounts under <em>common control</em> will be added up instead of being evaluated on an individual basis.
John manages 25 accounts out of which he bought calls for 10. He bought 30,000 for each of the 10 which would mean that he bought 300,000 call contracts.
This exceeds the 250,000 contract limit so is a violation of position limits.
Answer:
consumption, investment, government purchases, and net exports
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Imports is subtracted from GDP and not added
