Binding price floors benefit sellers because they allow sellers to sell all the goods they want at a higher price

Suppose a share of stock is expected to pay an annual dividend of $12 forever. At a discount rate of 9.4 percent, the share's market price should be

A) $12.77. B) $13.13. C) $112.80. D) $127.66.

Which of the following is true about consumer surplus? a. Consumer surplus is how much more consumers have to pay than they are willing to pay

b. Consumer surplus is shown graphically as the area under the demand curve but above the supply curve. c. An increase in the market price due to a decrease in supply will increase consumer surplus. d. A decrease in market price due to an increase in supply will increase consumer surplus.