Suppose Jacques is the only seller in the market for bottled water and Darnell is the only buyer. The following lists show the value Darnell places on a bottle of water and the cost Jacques incurs to produce each bottle of water: Darnell's Value Value of first bottle: $10 Value of second bottle: $7 Value of third bottle: $3 Value of fourth bottle: $1Jake's CostsCost of first bottle: $1 Cost of second bottle: $3 Cost of third bottle: $7 Cost of fourth bottle: $10 The following table shows their respective supply and demand schedules:.Quantity Supplied Quantity Demanded Price More than $7 $5 to $7 $3 to $5 $1 to $3 $1 or less OHNM Use Darnell's supply schedule and Andrew's demand schedule to find the quantity supplied and quantity demanded at prices of $2, $4, and $6. Enter these values in the following table. Price Quantity Supplied Quantity Demanded A price of brings supply and demand into equilibrium. , producer surplus is $ , and total At the equilibrium price, consumer surplus is $ surplus is $ If Darnell produced and Andrew consumed one less bottle of water, total surplus would If instead, Darnell produced and Andrew consumed one additional bottle of water, total surplus would

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Explanation:

answer; i do believe that the correct answer is (d) referrals from

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.