Answer:
since you didn't include the graph, I cannot tell what the producer surplus area will be on the graph, but I can calculate total producer surplus in $:
total producer surplus = (actual price - minimum price that a producer is willing to accept) x total quantity supplied
- actual price = $10 million
- minimum price = $2 million
- quantity supplied = 2 million units
total producer surplus = ($10 million - $2 million) x 2,000 jet planes = $8 million x 2,000 jet planes = $16,000 million
Answer:
primary; secondary
Explanation:
The primary market is the market where the securities are to sold for the first and foremost time i.e. initial public offering through investment bank
While on the other hand, the secondary market is the market where the securities are traded by the investors and they deal with the existed securties
So the fill in the banks could be filled with the primary and secondary
Answer:
Explanation:
in booths to attract in-person attention. Online, customers will be able to see all the variety of necklaces we have available and learn about our products. 5. If your company grows big enough to hire sales people, will you set sales quotas or use commissions? Why or why not? (1-2 paragraphs. 5.0 points) I would use commissions. This is because it is more economical for the company, only having to pay sales people when they successfully sell a product. It would motivate the sales people to sell more products because they know they benefit from it. Although it can pressure them sometimes, I feel like it would be the best route to take