Producer surplus: Group of answer choices is the difference between the maximum prices consumers are willing to pay for a product and the lower equilibrium price. is the difference between the minimum prices producers are willing to accept for a product and the higher equilibrium price. rises as equilibrium price falls. is the difference between the maximum prices consumers are willing to pay for a product and the minimum prices producers are willing to accept.

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

What is used by accountant to analyze transactions ?