Economic surplus in a market is the sum of​ _____ surplus and​ _____ surplus. In a competitive​ market, with many buyers and sellers and no government​ restrictions, economic surplus is at a​ _____ when the market is in​ _____.

Answers

Answer 1

Answer:Economic surplus in a market is the sum of PRODUCER surplus and CONSUMER surplus.

In a competitive market with many buyers and sellers and no government restriction,economic surplus is at MAXIMUM when the market is in EQUILIBRIUM.

PRODUCER surplus is the difference between the amount a producer willing to receive for the production of particular good and services and the actual amount received while consumer surplus is the difference between the price is willing to pay for a particular goods and services and the actual amount paid.

When price is the same as market equilibrium price in a competitive market,economic surplus will be at it's maximum level.

Explanation:

Answer 2
Final answer:

Economic surplus in a market is the sum of consumer surplus and producer surplus. In a competitive market, with many buyers and sellers and no government restrictions, economic surplus is at a maximum when the market is in equilibrium.

Explanation:

In economics, economic surplus in a market is the sum of consumer surplus and producer surplus. Consumer surplus is the difference between the price consumers are willing to pay for a good or service and the actual market price, while producer surplus is the difference between the price producers are willing to receive for a good or service and the actual market price.

In a competitive market with many buyers and sellers and no government restrictions, economic surplus is at a maximum when the market is in equilibrium.

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Related Questions

In a study involving several hundred mothers and their children, 5-year-olds with both prenatal nicotine exposure and the DD genotype obtained __________ scores than all other groups.

Answers

Answer: substantially higher overactivity

As you sit in your seat after making a class presentation, you notice that your heart beat and respiratory are rate slowing down. This change is due to the ________________ nervous system.

Answers

Answer:The parasympathetic nervous system

Explanation:The parasympathetic nervous system is one of the subdivision of the autonomic nervous system, the parasympathetic system is also referred to as rest and digest system. It preservers energy by slowing down our heart rate , increasing intestinal and gland activity and by relaxing our sphincter muscles.

The responsibilities of a controller include A: reviewing the reliability and integrity of financial information provided by the treasurer.B: ensuring an adequate system of internal control.

Answers

Answer:

A. Reviewing the reliability and the integrity of financial information provided by the treasurer.

Explanation:

The individual having all accounting related activities such as managerial accounting, high level accounting and financial activities in a company is called controller. He/she directly reports to the chief financial officer.

Although in smaller companies the post of CFO's and controllers are combined, the controller oversees financial reporting, assists in the preparation of operating budgets and performs other important duties pertaining to payroll.

He also outlines important budgeting schedules and prepares budget.

Explain the process by which prices of securities adjust so as to eliminate arbitrage profits. How does the existence of money affect economic growth? What are the implications of understanding the role of money and banking on how the economy will function?

Answers

In competing to buy securities where earning arbitrage profits is possible, traders force prices up to the level where arbitrage profits can no longer be earned.

Explanation:

The banking system plays an important role in the modern economic world. They collect the savings of the people and they lend it to the business men. Such loans benefit the trade and commerce.

Banking system can create money which is necessary when business expands. Banks play a major role in creating the free flow and liquidity of money in the economy of developing countries.

Imagine that a researcher discovers two new similar species of bats in the same geographic area. Amazingly, one of these species preys upon insects during the day. The other species―as one would expect―is nocturnal and only feeds during the night. These two bat species would be considered to be _______________.a.energetically separatedb.temporally separatedc.ecologically separatedd.both temporally and ecologically separatede.temperamentally separated

Answers

Answer: Temporally seperated

Explanation:

Due to their distinctive nature, the bats could be seen as Temporally seperated.

"California Code requires that if a seller knows that his or her residential property is located within _____ of a former military training site, the seller must inform the potential buyer in writing that the ordnance site may contain ammunition or explosives."

Answers

Answer:

1 mile

Explanation:

In the case of Schenck v. United States (1919) concerned protest activities against American involvement in World War I. Justice Oliver Holmes, Jr. said that trying to convince draft-age men to resist induction was intended to result in a crime, and posed a "clear and present danger" of succeeding. The Supreme Court decision in the case related to a limitation on which of the following? (1 point)
REVIEW GUIDELINES:

1. Freedom of the press
2. Free exercise of religion
3. Freedom of speech
4. Cruel and unusual punishment

Answers

Answer:

3. Freedom of speech

Explanation:

In the case of Schenck v. United States (1919) concerned protest activities against American involvement in World War I. Justice Oliver Holmes, Jr. said that trying to convince draft-age men to resist induction was intended to result in a crime, and posed a "clear and present danger" of succeeding. The Supreme Court decision in the case related to a freedom of speech. In the case of Schenck v. United States (1919), it was mentioned that speech which creates clear and present danger is not protected under the first amendment. In this case Supreme court highlighted that the power of the federal government over an individual's right to freedom of speech.

Answer:

The Need For a Constitution Pre-test Answers

Explanation:

1. C

2. C

3. A

4. B

5. A

6. B

7. D

8. A

9. D

100% I promise

In one of the most shameful violations of research ethics to date, nearly 400 African American men from __________ were not informed that they had been diagnosed with syphilis and were not provided with available, effective treatments for this illness.

Answers

Answer:

Tuskegee.

Explanation:

As the exercise describes, one of the most shameful violations of research ethics to date, nearly 400 African American men from Tuskegee (later called the Tuskegee syphilis experiment) were not informed that they had been diagnosed with syphilis and were not provided with available, effective treatments for this illness. The aim of this study was to observe and analyze how syphilis proceded when untreated. So, this men were told they were being treated for free.

Which of the following is true of the Tuskegee Syphilis study? A.It was an isolated incident brought to light in 1998. B.It took place for only one year.C. It focused on treating individuals with syphilis using penicillin. D.It spurred scientists to overhaul ethical regulations.

Answers

Answer: The correct answer is D. It spurred scientists to overhaul ethical regulations.

The dissonance aroused when individuals lack sufficient external justification for having resisted a desired activity of object, usually resulting in individuals devaluing the forbidden activity or object
- when people say something against their attitudes for low external justification, they find and internal justification for their behaviour, coming to believe what they said.

Answers

Answer:

Insufficient Punishment

Explanation:

Insufficient punishment is defined as that dissonance that is felt when an individual does not have substantial external justification to resist an intended object or activity. It most times lead to the individual's devaluation of the forbidden thing. This can also be seen when people speak against their attitude for low external justification.

Which theorist said that children learn language as a result of reinforcements given by parents and caregivers? A. Erikson B. Vygotsky C. Chomsky D. Skinner

Answers

Answer:

D- SKINNER

Explanation:

Skinner theory said that children learn language through imitation of others and through conditioning. Skinner believes that children receive rewards for using language in a functional manner given by their parents or caregivers. The use of positive reinforcement, such as praise, rewards encourages children to learn and develop. Skinner believed this was effective with prompting a baby during the process of learning to talk.

Skinner believed that when a parent or caregivers praises the child it encourages them to repeat the sounds.

A group of teenagers watch an older couple walk slowly by and laugh about how much smarter and more fun their generation is when compared to older groups. This is an example of:____________

Answers

Answer: Ethnocentrism

Explanation:

Ethnocentrism is the review of other cultures in regard to preconceptions relating to standards and customs of one's own culture.

This was the teenagers view of the old men

Your friend Alexa is worried that advertisers are using subliminal perception to manipulate the public. You want to help her demystify this issue. Which of the following statements about subliminal perception is the least accurate?

Answers

Answer:

The statement that is least accurate about subliminal perception is that material presented subliminally has a noticeable effect on complex thinking and actions.

Explanation:

The viewers who view the advertisements certainly have developed the ability to perceive what is right or what is wrong. Moreover, the subliminal content in the advertisement is by experience automatically processed by the brain to be deceiving and allows the individual to think that the authenticity of the advertised product or scheme needs to be verified.

Which pairing is INCORRECT? Orthodox: Russia Protestant: Germany Catholic: Great Britain

Answers

Answer:

Catholic:Great Britain

Explanation:

Just like Germany, the official religion in Great Britain is protestant.

If we track back at Great Britain's history, the popularity of protestanism could be tracked back due to the influence of Queen Elizabeth I.

When She took the throne, she rejected the idea of Calvinism and Catholicism. She later on established  The Church of England which is separated from the Rome and its catholic teaching.

Answer:

catholic:great britain

Explanation:

Hellenistic culture contained contradictions. While Hellenistic philosophy tended to value individual character, thought, and decision making, Hellenistic practices sometimes devalued individuals. Identify each aspect of Hellenistic culture as valuing or devaluing its individuals

Answers

Answer:

Hellenistic oppression respected the behavior, thinking, and judgment-making of a chosen few and at the cost of a multitude of depreciated enslaved who have been bought as objects and unable to practice substantial independent decision-making.

Popular culture discarded differentiated local subjects in favor of stock characters and generic themes in order to appeal to diverse viewers across the Hellenistic sphere.

The poison tetraethylammonium (TEA) interferes with normal neural communication. The toxin binds to and blocks voltage-gated potassium channels in the neuron cell membrane. Which of the following best describes the effects of TEA on the action potential?

Answers

Answer:

The correct answer to the following question will be "The repolarization phase of the action potential is blocked".

Explanation:

Tetraethylammonium seems to be an experimental treatment without any advertised or accepted indication. It was considered to become a possible therapeutic vasodilator owing to its intracellular activities at just the autonomic ganglia but extreme harmful effects were observed.

The goals would be as follows:

Use streaming service-specific drugs including Tetraethylammonium and Tetradotoxin to consider the effects of those pathways.Comprehending the function of partial and full blocking on future generational activity.

Therefore, it's the right answer.

What is the name of the term that describes a large part of an ocean or sea that extends into land? An example lies off the coast of Louisiana.

Answers

Answer:

Gulf

Explanation:

In geography, the term gulf is used to refer to a part of an ocean that extends into the land and that is usually larger than a bay. In other words, it is a part of the ocean that is partially surrounded by land (and this is called gulf), while, at the same time, the part of land that is surrounded by the ocean is called a peninsula.

Therefore, the gulf is the term that describes a large part of an ocean or sea that extends into land

Although Dan has a licensing exam to study for, he does not feel motivated to study. He decides that if he studies for three hours, he will go to his favorite yoga class. Using the terminology related specifically to motivation, which of the following has Dan utilized to motivate himself to study for his license exam

Answers

Answer: Dan uses an incentive to motivate himself

Explanation:

Dan knows he has to study, but he doesn't have many desires, so he decides to give himself an incentive to study. It is a goal to study three hours and if he does he will go to his yoga class. This is a common way that people use daily to motivate themselves to fulfill their responsibilities.

Dan knows that 3 hours may be a long time to study, but he knows that after those three hours have passed he will go to his yoga class. It is a great motivation to study.

You maybe have been in a situation where you know that you have to fulfill a duty, but due to certain factors you do not want to do it, then you give yourself an incentive, something that motivates you to do your part. Incentives are often used at various levels of society, such as education and business level. In companies or any type of organization, they give bonuses or vacations to the most prominent employees. In the case of education, teachers often reward students who have greater development in the classroom and this, in turn, motivates others to do a good job.

Care must be taken as to how incentives are administered since a specific material object or action should not always be the reason for a person to fulfill their responsibilities. It is important to know that every human being has duties to fulfill, regardless of their status.

Sportsfield Inc. files a suit against Tailgate Services. Before the trial, during the jury selection process, Sports Fields attorney asks, without providing any reason, that one of the potential jurors not be sworn in. This is________

Answers

Answer:

This is a peremptory challenge

Explanation:

A peremptory challenge can be explained as a right of an attorneys  in jury selection  to reject a  potential juror  before the beginning of the trial  without stating a reason.  

Final answer:

The situation describes a peremptory challenge, which is an unexplained rejection of a potential juror by an attorney during jury selection.

Explanation:

The tactic mentioned here is a legal procedure known as a peremptory challenge. A peremptory challenge is a right in jury selection for the attorneys to reject a certain number of potential jurors without stating a reason. To use this method, the attorney simply asserts the challenge and the potential juror is excused. It's worth noting that this right is limited and the number of peremptory challenges differs from jurisdiction to jurisdiction. They cannot be used for illegal discrimination, such as dismissing a potential juror based solely on their race or gender.

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Justin Mason, a product manager working in a manufacturing firm, is highly anxious about change. When the top management of Mason's firm made it mandatory for all product managers to undergo skills training, he told his superior that he would be uncomfortable with the process. He added that he was certain of not being able to cope with the new developments. In this instance, Justin is demonstrating _____.

Answers

Answer: Resistance to change

Explanation:

 The resistance to change is basically refers to the action that is used to perceive the changes which is basically occurring in the form of threat. It is basically refers to the opposing act with the transformation that helps in altering the status.

 According to the given question, Jason mason is the product manager in the manufacturing company and he is highly anxious about the changes in the management for the various types of new development  that undergo the skill training.

Therefore, based on the above given instance the Justin is basically demonstrating the resistance to the changes.      

________ is the process by which features such as color, form, motion, and location are combined to create our perception of a coherent object.

Answers

Answer: Binding

Explanation: Binding could simply be defined as merging various bits of information to compose a perceived outlook of a complete or coherent object. It involves integrating various bit of sensory information brought about by the perception of a coherent object. The brain determines what sensory information are required for binding in other to form a coherent representation of a particular scenario such as location, color, sound and so on.

For Instance, coherent representation of an individual's friend who have never met may formed through perception by binding sensory information like probable skin color, voice tone and so on.

A research project sets out to use large amounts of objective data to describe the rates and averages of several characteristics of a population and the correlations between them. The method it will most likely need to use is _____. a. hypothesis testing b. observation c. quantitative

Answers

Answer: C. Quantitative

Explanation: Quantitative analysis (QA) is a method that seeks to understand characteristics by using mathematical and statistical modeling, measurement, and research. The aim of such technique is to give a numerical value to a certain situation.

It is a method of collecting measurable and verifiable data in order to understand the relationship between them and predict likely outcomea from the analysis of such data.

Such data must be discrete, meaning piossibility of certain outcomes must be guaranteed, the numerical data must be countable and possibilities of outcomes must be continuous.

A set of random or unrelated tasks performed to achieve a definite outcome is called a process. Group of answer choices True False

Answers

Answer:

False.

Explanation:

The given statement asserts a false claim as it defines the term 'process' inappropriately as a 'random set of unrelated tasks to achieve a certain goal'. A process is instead defined as the planned or systematic set of actions/tasks that are required to be performed in order to attain the intended result, outcome, or goal. For example; A student requires to study through a systematic series of tasks in order to attain good marks in the exams('defined goal the student wishes to accomplish). Thus, the given assertion states a false claim.

Final answer:

A process indeed refers to a series of interconnected tasks executed in a specific order to attain a desired result or outcome, not random or unrelated tasks. Hence, the statement is true.

Explanation:

The statement is True. A process in the context of tasks or activities often refers to a set of interconnected steps or actions that are undertaken to achieve a particular outcome or goal. This means these tasks are not random or unrelated, rather they are performed in a certain sequence to bring about a desirable result. For instance, in a manufacturing company, a process could involve steps like raw material acquisition, production, quality control, and distribution. Each of these tasks must be performed in particular order to produce and dispense a product successfully.

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A population is best defined as a:_______.
A. High-risk group.
B. Collection of individuals who share at least one common characteristic.
C. School or institutional setting.
D. Geographical location within a community.

Answers

Answer:

The correct option is B: Collection of individuals who share at least one common characteristic

Explanation:

A population is simply a large collection of people or object aimed at being the focal point of a query or discovery. It can also be defined as a collection of individuals or object who share similar or common characteristics. Hence, researchers do not so much rely on the population, but mainly rely on the sampling techniques used for the research.

Adam ordered a 15.6" laptop from an e-commerce website. After the delivery of the laptop, Adam discovered that the laptop didn't have the same specifications as mentioned in the website. Adam asked for a refund, and the e-commerce company had to bear all the shipping charges. In this scenario, the e-commerce company incurred losses because the information provided on the website was _____.

Answers

Answer:inaccurate

Explanation:Inaccurate information means it was not exactly correct because it did not correspond to the actual features of the laptop. This could have been done on purpose in order to attract customers as a marketing strategy for this company but they may have stretched the information far beyond what customers can tolerate.

In the scenario provided, the e-commerce company incurred losses because the information provided on the website was inaccurate.

Accuracy of product information is crucial in online business operations. When Adam ordered a 15.6" laptop, he expected it to match the specifications listed on the e-commerce site. The discrepancy between the promised and delivered product specifications indicates a lack or failure of quality control mechanisms, which directly reflects on the reliability and reputation of the e-commerce business. Such inaccuracies lead to customer dissatisfaction, returns, and refunds, all of which cause the company to incur additional expenses such as shipping charges and potential loss of future sales due to damaged customer trust. To avoid such scenarios, companies must ensure that all listings are thoroughly checked for accuracy before being published and promptly updated if product specifications change.

During the winter Olympics, a skier had a terrible fall. The observers all cringed. It was as if they had fallen themselves and were able to feel the pain of the fallen athlete. According to the biological basis of observational learning, the action of ______________ might underpin the observers' behavior.

Answers

Answer:

Mirror neurons.

Explanation:

As the exercise describes, a common phenomenon is to feel, as an observer, the pain of a fallen athlete, for example. According to the biological basis of observational learning, the action of mirror neurons might underpin the observers' behavior. As their name suggests, the mirror neuron mimics, mirrors the behaviors of others. In this case, as said before, the obvserver would mimic the pain from the fall, but it could very well be the emotion from witnessing an emotional moment such as a proposal of marriage, a birthday, a hug, etc.

Vivien is trying to understand what happens to sodium ions when a neuron is stimulated. She knows that when the channels open, the positive sodium ions move into the cell through the dendrites. She also learns that the positive sodium ions cannot leave the cell at that point because the channels in the dendrites:____________

Answers

Answer:

She also learns that positive sodium ions cannot leave the cell at that point because the channels in the dendrites:  closed inmediatly after the positive iones entered.

Explanation:

The importan ions in the nervous system are sodium and potasium, both have a postive charge. A stimulus recieved from one neuron to an other causes sodium ion channels to open. When the ions pass  through the membrane this causes action potential. When the possitve ions come into the neuron, it becaomes depolarized, because this ions have a positive charge.

"Shoulder spying" is used in public or semipublic settings when individuals gather information they are not authorized to have by looking over another individual's shoulder or viewing the information from a distance. True or false?

Answers

Answer: False

Explanation:

Shoulder surfing is used in public or semipublic settings when individuals gather information they are not authorized to have by looking over another individual's shoulder or viewing the information from a distance rather than shoulder spying.

Imagine that a scientist is able to reverse the principles of diffusion such that molecules preferentially move from regions of low concentrations to regions of high concentrations. How would this affect the morphology of bacteria?

Answers

Answer: Bacteria will have Increased ability to transport materials throughout the cell and Grow larger.

Explanation: Diffusion is the movement of substances from regions of higher concentration to regions of lower concentration. This is one of the basic principles behind the movement of materials and nutrients thought the bodies of living organisms,it is also a natural process that has helped to hinder growth of Microorganisms like Bacteria. If Diffusion is reversed, Bacteria and other microbes will be able to move materials and nutrients needed for their survival and growth.

Stephanie reports to her psychology professor that she is having a hard time staying awake during lectures. It sometimes feels like she is uncontrollably falling asleep at her desk. Her sleepiness may be due to the cells firing slowly in her

Answers

Answer: Reticular formation

Explanation:

Reticular formation is defined as the process in which nuclei of the brains stem get interconnected without any particular defined pattern.This link impacts the consciousnesses of any individual like, sleep, awake and awareness through signals sent to cerebrum.

According to the question, sleepiness caused in Stephanie while being in lectures or other times is due to recticular formation because the brain stems are linked with the sleep and alertness

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how did containment lead to the united states becoming involved in the conflict between north and South Korea (the Korean War) help me if you can please In the country of Lumberne, citizens campaigned against the sanction of a new factory that was about to be built in the vicinity of their residences. They argued that the discharge from the factory will pollute the area and adversely affect the quality of life of several residents. These citizens, who campaigned against the sanction, are most likely a part of a _____.a) self-regulatory bodyb) civil societyc) law firmd) government organization Which of the following statements is true of functional departmentalization? a. It is likely to lead to faster decision making as companies grow. b. It allows work to be done by highly qualified specialists. c. It causes duplication of resources, which often results in higher costs. d. It is a hybrid structure in which two or more forms of departmentalization are used together. Ownership costs are incurred after the initial purchase and are associated with the ongoinguse of the product or material. Which of the following is not an ownership cost listed in the text? A. Financing costsB. Energy costsC.TaxesD. AestheticsE. Worker fatigue Identify three ways that the populations of countries increase? One who breaks an unjust law must do so openly, lovingly, and with a willingness to accept the penalty.Based on his behavior in "Civil Disobedience," how would Thoreau most likely feel about Kings statement? A person is placed in a large, hollow, metallic sphere that is insulated from ground. (a) If a large charge is placed on the sphere, will the person be harmed upon touching the inside of the sphere? Yes No Correct: Your answer is correct. (b) Explain what will happen if the person also has an initial charge whose sign is opposite that of the charge on the sphere. The Brown Jug has paid annual dividends of $0.61, $0.64, $0.71, $0.82, and $0.88 per share over the past 5 years, respectively. What is the geometric average dividend growth rate for this period?Top of Forma. 8.51 percentb. 8.97 percentc. 9.10 percentd. 9.59 percente. 10.21 percent Where are you most likely to find plant roots?OA. ChorizonOB. O horizonA horizonOD. B horizon Jeanine owes $1,200 on a credit card. The cars charges 16% interest, compounded continuously. Write a formula that describes how much you knew on her card after t years, assuming she makes no payments and does not incur any additional charges. 9(6u+5)+2(u-4) need solved A ball is thrown horizontally off a cliff. If the initial speed of the ball is (15.0 + A) m/s and the cliff is (25.0 + B) m high, how far from the base of the cliff will the ball land in the water below? Calculate the answer in meters (m) and round to three significant figures.A=4B=54 After which problem-solving stage should you take action?A. defining the problemB. evaluating informationC. gathering informationD. making a choice What does water came out from a rock mean in this poem and why is it compared to the radio waltz?Time was away and somewhere else.The waiter did not come, the clockForgot them and the radio waltzCame out like water from a rock:Time was away and somewhere else. In classical conditioning, extinction of the learned response involves _____; whereas in operant conditioning, extinction of a learned response involves _____. Todo preparado?ESCRIBIR Elige las respuestas a las siguientes preguntas:1. Qu persona hace la comida?a. los padres b. los primos c. los tos2. A quin le gusta romper la piata?a. al tob. al primo c. al hermano3. Quin saca fotos y hace un video en la fiesta?a. la madre b. el hermano c. el to4. Quin decora el restaurante?a. las tas b. los tos c. los padres5. Qu decoraciones usan?a. cmaras b. flores c. ensaladas Vince has a rectangular rug in his room with an area of 10 ft the length of the rug is 18 inches longer than the width what could be the dimensions of the rug? Roberto was recently promoted, and his salary increase includes retirement investment options, so he has decided to take part in an ESOP. This means that Roberto____________.A. will be on the company's board of directorsB. will participate in an Externship Supervisors' Oversight PlanC.will be buying shares of his company'sstockD. is now part of the company's external stakeholdersE. is in charge of an investment groupWith an Employee Stock Ownership Plan (ESOP), employees buy company stock to become owners. what mass of sodium chromate in grams is needed to produce 5.17 mol of sodium nitrate? IG sort of a super discipline that encompasses a variety of key concepts from a variety of ? A. Isolated discipline but comprehensive B. Related and overlapping disciplines C. Never overlapping disciplines D. All of the above