Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.
Answer: False
Explanation:
Bond Price Volatility does indeed have a positive relationship with term to Maturity because the longer the term to Maturity, the more the bond can be affected by interest rates which will lead to price changes.
However, Bond Price Volatility has an Indirect relationship with Coupon rates. The higher the Coupon rate, the lower the volatility because interest rates affect bonds that are paying lower coupons more than they do high ones. Having a higher coupon bond means that price does not change as much due to interest rates.
As time passes, people adjust to the higher price, and the demand for gasoline becomes less elastic.
<h3>What is price elasticity of demand?</h3>
Price elasticity of demand measures how the quantity demanded of a good changes when price changes. Demand is elastic when quantity demanded changes more than the change in price. Demand is less elastic when quantity demanded changes less than the change in price. With the passage of time, demand becomes less elastic.
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Answer:
Structural unemployment
Explanation:
Structural unemployment arises when workers are unable to find work because their skills do not match market requirements. Structural unemployment cans result from changes in technology or unavailability of job openings that match the skills possessed by the unemployed population.
Juan's skills are irrelevant in the industry. No employer will be interested in her with her current training. For Juan to find work, she needs to learn new skills.
Answer:
The answer to your question would be D. 18.98%
Explanation:
