Assume the world market for oil is competitive and that the marginal cost of producing (extracting and bringing to market) another barrel of oil is $81.80 and the marginal benefit is $80.00. if one more barrel of oil is produced and consumed, how will economic surplus change? economic surplus will a. increase by $161.80. b. decrease by $81.80. c. decrease by $1.80. d. not change. e. increase by $1.80

Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5

Serious question, which is preferred in a business? pp or poopoo?

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.