Answer:
Alice's consumer surplus = $5
Jeff's consumer surplus = $16
Nicole's producer surplus = $1
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of a good.
Consumer surplus = willingness to pay - price of the good
Producer surplus is the difference between the price of a good and the least price the producer is willing to accept
Producer surplus = price of the good - least price the producer is willing to accept
Alice's consumer surplus = $30 - ($35 - $10) = $5
Jeff's consumer surplus = $20 - [$16 - (0.75 x $16)] = $16
Nicole's producer surplus = $501 - $500 = $1
Answer:
The responses to the given choices can be defined as follows:
Explanation:
Assume is the investment. Each original Class A investment is of the net-front unburden. The portfolio will be worth four years from now:
You will place the total of 
on class B shares, but only 
will be paid 
at a rate of 
and you'll pay a 
back-end load charge if you sell for a four-year period.
After 4 years, your portfolio worth would be:
Their portfolio worth would be: after charging the backend load fee:
When the horizon is four years, class B shares are also the best option.
Class A shares would value from a 12-year time frame:
In this case, no back-end load is required for Class B securities as the horizon is larger than 5 years.
Its value of the class B shares, therefore, is as follows:
Class B shares aren't any longer a valid option in this, prolonged duration. Its impact on class B fees of 
cumulates over a period and eventually outweighs the 
the burden of class A shareholders.
Answer:
a). <u>Chinook</u> winds are created when cold air descending the sheltered (leeward) side of the Rockies is warmed by compression.
b). A circulation pattern consisting of a light wind blowing into the city from the countryside is characteristic of a <u>country breeze</u>.
c). A <u>sea breeze</u> is the result of the air over land heating, expanding, and rising, thereby creating a low-pressure area into which cooler air from over the ocean can move.
d). Heated air from mountain slopes gliding up along that slope results in a <u>Valley breeze</u>.
Explanation:
The given blanks have correctly been filled with terms matching the definitions provided. 'Chinook' is described as the descending warm, dry wind on the eastern side of the Rocky Mountains that generally blow from the southwest and can rapidly increase the temperature due to the much warmer air it brings. While country winds are the light winds that blow towards the city from surrounding countries. Sea breezes are defined as the air blowing off the sea on the nearby land and make the area cooler. Valley breeze is the warm air that blows up towards the slopes.
Answer:
The correct answer would be option E, Homogeneous products leave consumers with no choice, which means this statement is False.
Explanation:
Homogeneous products leave consumers with no choice is the False statement, because homogeneous products are the products which cannot be differentiated or distinguished from each other. They have almost exact physical characteristics and properties. People cannot differentiate the products of different suppliers.
So homogeneous products have a lot of substitutes, people have a vast choice range for such products. For example if you go for grocery, you can find different apples coming through different suppliers from different countries, and you are clearly not able to differentiate between them, yet you have a vast range of choice to select from the apples you like.
