Productive than are u.s. workers. hiring low-wage workers reduces
Answer is A
Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.
For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.
Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.
Yes its true primary research is more expensive tha secondary market research
$13.27 is the fund's number of shares outstanding
Solution:
Given,
The All-Star Basic Value Fund's portfolio is valued at $250 million
Liabilities of $23 million
Net asset value = 17,100,000
Now ,
To find , fund's number of shares outstanding :
NAV = ($250 million - $23 million)/17.1 million = $13.27
$13.27 is the fund's number of shares outstanding
The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."
With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.
With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.
Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.
Hence, the use of new technology in industry has benefited producers more so than consumers.
To learn more about the producers and consumers here:
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