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Flauer [41]
3 years ago
10

Determine where producer is experiencing a producer surplus or consumer surplus, along with the amount of the surplus.

Social Studies
1 answer:
kompoz [17]3 years ago
7 0

Answer:

Correct Answers:

<u>Alice Scenario:</u>

Consumer Surplus. And the amount is $5

<u>Jeff Scenario:</u>

Consumer Surplus. And the amount is $12

<u>Nicole Scenario:</u>

Producer Surplus. And the amount is $1

Explanation:

<em>The above scenarios shows that both the consumers and the producer experience a varying degree of surpluses. And, also, the amount of the surplus varies from one person to the other person.</em>

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<u>ANSWER:</u>

The correct options are: B- "Full employment is a macroeconomic goal" and D- "Inflation is the rise in the prices of goods and services".

<u>EXPLANATION</u>:

  • Macroeconomics studies issues like employment, inflation, poverty, unemployment etc. and so the goals of macroeconomics deal with all such issues.
  • "Full employment" refers to a 'situation' wherein every individual who has the capability to work and earn is provided with a job. Inflation is the "rise of prices" of services and goods .
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What role did the federal government play in opening the West to settlement and economic exploitation?
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Answer:

The transcontinental railroad became the gateway to the West. In 1862 the Republican-led Congress appropriated vast areas of land that railroad companies could use to lay their tracks or sell to raise funds for construction.

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Wilhelm IV promised the Prussian people a ___________________, but did not write one.
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Anna is called on by her professor to share the definition of long-term potentiation with the class. She states that it is the e
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d. neurotransmitter

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In this definition, Anna was very close to successfully describing long-term potentiation. However, her definition is inaccurate because she mistook neurons for neurotransmitters. Long-term potentiation is the strengthening of synapses (or the enhancement of communication) between two neurons. These patterns of synaptic activity produce a long-lasting increase in signal transmission. This phenomenon occurs thanks to synaptic plasticity, which is the ability of chemical synapses to change their strength.

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