The answer is True :)
A Bureau is the answer to your question!!!!
Answer:
Limited partner
Explanation:
A limited partner has limited liabilities and doesn't take an active role in managing the operation of the business. A limited partner is also known as a silent partner.
I hope my answer helps you
When a market is in equilibrium consumer surplus equals producer surplus.
Consumer surplus measures the net benefit from participating in a market.
Consumer surplus measures the total benefit from participating in a market.
Answer:
Consumer surplus measures the net benefit from participating in a market
Explanation:
The statement 'Producer surplus measures the total benefit received by producers from participating in a market' is correct. Producer surplus represents the benefit producers achieve in a market, whereas consumer surplus represents the benefit buyers achieve, but it doesn't necessarily equal the producer surplus in market equilibrium.
Looking at all four statements, the one that is true is Producer surplus measures the total benefit received by producers from participating in a market.
Producer surplus is the difference between the lowest price a producer would be willing to accept for a good or service and the actual price they receive. It is a measure of the benefits producers receive from selling at a market price higher than the lowest price they would be prepared to sell at.
Consumer surplus, on the other hand, measures the benefit buyers receive from buying a good or service for a price lower than the highest they would be prepared to pay. It should not, however, be confused with the total benefit from participating in the market.
Furthermore, it's not necessarily true that consumer surplus equals producer surplus when a market is in equilibrium. The relationship between the two in equilibrium depends on a variety of factors including the shapes of the supply and demand curves, and the distribution of costs and benefits among buyers and sellers.
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