Business, 12.01.2022 14:00 claytonhopkins

Producer surplus for a perfectly competitive firm is equal to A. profit plus total fixed cost. B. the area above the supply curve and under market price. C. revenue minus total variable cost. D. All of the above. E. A and C only.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 14:00

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Answers: 1

Answer

Business, 22.06.2019 06:40

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Answers: 2

Answer

Business, 22.06.2019 11:00

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Answers: 1

Answer

Business, 22.06.2019 11:40

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.

Answers: 2

Answer

You know the right answer?

Producer surplus for a perfectly competitive firm is equal to A. profit plus total fixed cost. B. th...

Questions