Producer surplus is

a) current market price.
b) the difference between the maximum a person is willing to pay and current market price.
c) the difference between current market price and full costs of production for the firm.
d) the difference between willingness to sell and full costs of productions for the firm.

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

What is the relationship among market segmentation, target markts, and consumer profiles?

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form