Answer:
a. Producer surplus
b. Neither
c. Consumer surplus
Explanation:
The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.
a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.
b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.
c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.
It is approximately 95% of the money that the typical modern bank invests comes from borrowing, almost all of the people in the world has a credit card mostly people who has a higher work or people who are already rich has it because they are the people who only know how to swipe, swipe their credit card and shop all they want.
Answer:
Price level may increase or decrease and output decreases.
Explanation:
The price level is determinated bu the money supply and demand. A single price, in this case oil, cannot determinate prices or we end up in a loop.
So this is insufficient information to determinate the price level.
While the income decrease at a worldwide level will make the output of the economy even lower.
Answer: $267,300
Explanation:
The cash received will be:
= Net book value + gain
Net book value:
Annual depreciation = (1,260,000 - 84,000) / 5 years
= $235,200 per year.
Depreciation up until January 1, 2021 = 235,200 * 4
= $940,800
Depreciation up until May 1, 2021 = 940,800 + ( (235,200 / 12 months) * 4 months )
= $1,019,200
Net book value = 1,260,000 - 1,019,200
= $240,800
Cash received = 240,800 + 26,500
= $267,300
The correct answer that would best complete the given statement above would be INTERACTIVE PROMOTION. Interactive promotion c<span>hanges the relationship between buyers and sellers from a monologue to a dialogue in which information is shared to create mutually beneficial exchanges. Other options for this question include advertising, a push strategy and public relations.</span>
