A surplus<span> is used to describe many </span>excess<span> assets including income, profits, capital and goods. A </span>surplus<span> often occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. </span>Economic surplus<span> is related to supply and demand</span>
Answer:
The answer is B.
Explanation:
In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.
In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.
Answer:
A. $32.08
Explanation:
Dividend=$1.25
Capital gain after one year=$35
Rate of return=13%
Formula for this will be;
Share price=(dividend+capital gain)/(1+rate of return)
Share price=(1.25+35)/(1+.13)
Share Price=36.25/1.13
Share price=32.08
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Red and green tell what direction the boat is facing
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