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Travka [436]
3 years ago
5

Total economic surplus is represented by: question 6 options: the area below the demand curve and above the market equilibrium p

rice. the area above the supply curve and below the market equilibrium price the area below the demand curve and above the supply curve.
Business
1 answer:
Lady bird [3.3K]3 years ago
3 0
The total economic surplus is the sum of the consumer surplus and the producer surplus. In a Quantity versus Price curve, the total economic surplus is represented by the area above the supply curve and below the market equilibrium price. 
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The board of governors of the federal reserve system can increase commercial bank reserves by
Marina CMI [18]
<span>The board of governors of the federal reserve system can increase commercial bank reserves by increasing the size of its term auction facility.</span>
3 0
3 years ago
Thomas bought 25 shares of stock at $59.25 per share. He received
Mrac [35]

Answer:

=8.8%

Explanation:

ROI  is return on investments. It is calculated by the formula below.

ROI = net gains/ invested capital x 100

net gains in this case will be

Dividends = $74.06

Appreciation in price = ($61.50 x 25) - ($59.25 x 25)

=$1,537.5 -  $1,481.25

=56.25

Total gain = $56.25 + $74.06

=$130.31

ROI = $130.31/1,481.25 x100

ROI= 0.087972 x 100

=8.79

=8.8%

8 0
3 years ago
Which of the following statements about the percentage of coverage of a health insurance policy is TRUE?
Katarina [22]

The true statements here are:

A. and B.

Explanation:

In a policy that is for medical or in general converge of insurance it is usual business practice to get the percentage of coverage be the total amount of a medical expense that your insurance will pay before your deductible is met.

This means that the amount that is agreeable to pay by the insurance company is paid first and then the amount you put in is used.

With 80/20 plan of insurance, your insurance is deemed to be paying 80% and you pay 20%.

This plan relies on the fact that there is usually no need for the use of that much money from the side of the firm.

5 0
4 years ago
A company uses direct labor costs as it allocation base. Management estimates the company will incur $150,000 of direct labor co
kumpel [21]

Answer:

133.33%

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Total overhead cost ÷ direct labor cost

where,

Total overhead cost is $200,000

And, the direct labor cost is $150,000

Now placing these values to the above formula

So, the predetermined overhead rate is

= $200,000 ÷ $150,000

= 1.33%

We simply applied the above formula

7 0
3 years ago
Julie Lambert has a large consulting practice. New clients are required to pay one-half of the consulting fees up front. The bal
chubhunter [2.5K]

Answer: cash, earned consulting revenue

Explanation:

Lambert account for the cash gotten from clients through cash, earned consulting revenue. After several business has been done there would be an account of how payments where made, from this, records can be taken how cash where being payed through the records of transfers and payment.

7 0
3 years ago
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