The world's largest tulip and flower market every day over 19 million tulips and flowers are auctioned at the dutch market called "the bloemenveiling." these dutch auctions match buyers and sellers. source: tulip-bulbs in a dutch auction, the auctioneer announces the highest price. if no one offers to buy the flowers, the auctioneer lowers the price until a buyer is found. how does a dutch flower auction influence consumer surplus and producer surplus? are the flower auctions at the bloemenveiling efficient? with a dutch flower auction, a. producer surplus is close to or equal to zero b. consumer surplus is maximized c. consumer surplus and producer surplus are both e

The law of demand is the assertion that ?

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)