Yes its true primary research is more expensive tha secondary market research
Answer:
$2
$3.50
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
$6.75 - $4.75 = $2
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
$4.75 - $1.25 = $3.5
Answer:
Cyclical unemployment
Explanation
Unemployment is simply a state of joblessness.unemployment rate is said to be the percentage of the nation's labor force that is unemployed.
cyclical unemployment is simply a type of uneployment it usually arises during economic downturns and falls when the economy improves.it is caused by the upswings and downswings of business cycles in the economy.
A difference in the subject matters of operas X and Y
Explanation:
A difference in ticket prices , operating expenses , merchandise sales with operas X and Y could directly explain the result indicated about the given statement.
The costs of goods produced is typically included in the balance sheet as a separate item. The residual expenditures not included in COGS are operating expenses. Customer selling is carried out by merchandising, whereas the term "sales" applies to a customer who simply purchases a product and performs a buying transaction.
