________: a measure of the economic rent or returns above costs accruing to businesses participating in a market during the current period
Fill in the blank(s) with correct word
Producer surplus
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The following table shows Alex's estimated annual benefits of holding different amounts of money.Average moneyholdings($)Total benefit($)700508005990066100071110074How much money will Alex hold if the nominal interest rate is 6 percent? (Assume she wants her money holdings to be in multiples of $100.)
A. $900 B. $700 C. $800 D. $1,000
If net exports decrease by 250 and the mpc is 0.75, equilibrium aggregate output
A) increases by 1000. B) increases by 750. C) decreases by 750. D) decreases by 1000.
If the players in the figure shown act in their own self-interest, then we know that Sarah will earn utility of:
This figure shows the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.
A. 6.
B. 10.
C. 7.
D. 15.
Which factor of supply would the introduction of e-mail into places of businesses be?
A. Expectation of the future B. Price of input C. Technology D. Number of sellers