Answer: Producer surplus, which is equal to the slope of the supply curve.
Explanation: The producer surplus is represented as the upper portion of the supply curve below the equilibrium price. It is the difference between the amount a producer is willing to sell a given commodity to the actual market price the good was sold at.
The extra benefit which the producer makes as profit when the market price at which the goods was sold at is greater than the amount the producer was willing to sell his goods.
Answer:
Iv had a good interest in locomotives since I was about 7. There were tracks a few blocks down the road from where I lived, and about 3-8 would pass a day. They passed by so much that I learned which horn went with each train. There were about 5 different trains and I remember one of the engine's numbers to be 2524, which is ironically the last numbers for my phone. This went on till I was 13 when we moved and I had to say goodbye to all of those trains. I even named when, which only made it worse when I moved. They were: Thomas (why not), James, Elif, Mack, and Karen. Karen had the loudest horn, which made sense. Thomas was #2524, James only came on the weekends and was a coal train, Elif had a flame on the front, and Mack had the loudest engine out of them all but hustled quickly. But back to what your asking, I want to be a conductor, or really anything that has to do with trains. I have and always will have a love for them. Plus, you can travel anywhere them tracks take you, and the pay is worth the 6 hours of sleep you get. Not alot but that sums that up :)
Answer: c). a decrease in the government's budget surplus or an increase in its budget deficit.
Explanation: Budget surplus refers to the excess of government revenue from taxes and other sources over its expenditure. While, budget deficit refers to the excess of government expenditures over its revenue.
BS= T>G
BD= G>T
A decrease in the government's budget surplus or an increase in its budget deficit leads to an increase in the interest rate in the economy. Thus the correct option is c.
Answer: $25,086
Explanation:
The bad debt written off is calculated by:
= Opening balance in Allowance for bad debts account + Bad debt expense - Closing balance in Allowance for bad debt
= 13,546 + 21,399 - 9,859
= $25,086
