The difference between producer surplus and profit is always the associated with
A) opportunity costs.
B) total costs.
C) variable costs.
D) fixed costs.
D
Economics
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Thomas wants to invest. he finds a growing company that has stock with a P/E of 34.5. what should he do?
a. forget about investing and spend all his money b. wait for the price to rise c. wait for the price to fall d. buy it now before the price rises
Economics
Refer to the diagram. At output level Q 1 :
A. neither productive nor allocative efficiency is achieved.
B. both productive and allocative efficiency are achieved.
C. allocative efficiency is achieved, but productive efficiency is not.
D. productive efficiency is achieved, but allocative efficiency is not.
Economics