Answer:
Total producer surplus= $30
Explanation:
Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.
Consumer surplus= Market price - Price seller is willing to sell for
Marco is willing to sell at $15 hour
Kelly is willing to pay $30 per hour
Mike is willing to pay $20 per hour
Surplus from Kelly= 30- 15= $15
Surplus from Mike= 20- 15= $5
Total producer surplus= ($15*1 hour) + ($5 *3 hours)
Total producer surplus= 15 + 15= $30
Answer:
The correct answer is: bribery.
Explanation:
Bribery involves an illegal activity where a reward is offered from one party to another(s) in order to provoke certain favorable behavior. Normally, the bribes are offered to public officials or high range executives to avoid legal responsibilities, or undesired laws or to change the payee point of view on a certain matter being discussed where substantial profits can be obtained.
Explanation:
In any single year, federal government takes in money and spends money, any year in which the government spends more than it takes out it runs a deficit.
Answer: Option B
Explanation: In simple words, Information management refers to the governance of the information assets of the organisation.
Under this, the managers collects the information,that is useful to various stakeholders, from several different resources and then distributes it those stakeholders.
In the given case, Kristin is also managing the information that is useful to the organisation.
Hence the correct option is B.
