Answer: Statement 1 ( Laptop) = Producer surplus
Statement 2 ( watch ) = Neither
Statement 3 ( jersey sweater) = Consumer surplus
Explanation:
Hi, Consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay.
- <em>Even though I was willing to pay up to $46 for a jersey sweater, I bought a jersey sweater for only $39. </em>Consumer surplus
Producer surplus<em> </em> is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive
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<em> I sold a used laptop for $149, even though I was willing to go as low as $140
.</em>Producer surplus
- <em>I sold a watch for $59 on eBay last week. This week, someone offered me $145 for it. </em>neither
Feel free to ask for more if needed or if you did not understand something.
A retail value chain represents the total benefits offered to consumers through a channel of distribution
Answer:
Diseconomies of scale are when production output increases with rising marginal costs. ... Fixed costs do not change with increases/decreases in units of production volume, while variable costs are solely dependent, which results in reduced profitability. They show how well a company utilizes its assets to produce profit.
Explanation:
It's true.
A motorcycle or scooter would be the best option for Jim. Couple means two, so for two years, buying a very poor car would be the only option as to not go over two years of paying a loan on the car. What would cost Jim most is the fuel. A poor car will get very poor mpg, and short, stop and go, type trips is what takes the most fuel from any given vehicle. Commuting motorcycles and scooters alike can reach over one hundred miles per gallon. You can pay downward from five thousand dollars for a top of the line scooter if Jim so chooses.
I hope this helps.
Answer:
In normal view, go to the slide deck.
Then, click and drag a slide thumbnail to a new position.
Or, in Slide Sorter View, drag and drop slides to a new location in the presentation.
