Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement | consumer surplus | producer surplus | neithera. even though i was willing to pay up to $67 for a used textbook, i bought a used textbook for only $58. b. i sold a jersey sweater for $31, even though i was willing to go as low as $24 in order to sell it. c. i sold a used laptop for $200 on ebay last week. this week, someone offered me $34 for it.

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?

Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.