Mr. Anderson received a producer surplus of $1,000 when he sold his watch. If the market price of the watch was $3,000 . he was willing to sell the watch for _____

Pumpkins are grown in New Mexico with the aid of fertilizer. Hence, fertilizer is a partial answer to which of the three economic questions?

What will be an ideal response?

Which of the following is taxed under the current corporate income tax structure?

a. dividends b. interest payments c. fringe benefits d. worker salaries