Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. 1. Even though I was willing to pay up to $191 for a used laptop, I bought a used laptop for only $185. 2. Even though I was willing to pay up to $217 for a watch and even though the seller was willing to go as low as $207 in order to sell it, we couldn't reach a deal because the government imposed a tax of $16 on the sale of watches. 3. Even though I was willing to pay up to $69 for a used textbook and even though the seller was willing to go as low as $58 in order to sell it, we couldn't reach a deal because 0 the government imposed a tax of $20 on the sale of textbooks.

The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300

One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.