For each scenario, decide whether it creates a producer or a consumer surplus. then, calculate the ensuing surplus. alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. she selects and purchases a pair of jeans which cost $35 pre-discount. alice experiences a alice's surplus: $ jeff finds some steaks for $16 for which he would have been willing to pay $20 . the butcher notices the meat is near the expiration date and gives him an extra 75 % off. jeff experiences a jeff's surplus: $ nicole has a hockey puck from the 2018 winter olympic games and puts it up for sale on ebay. she will only sell the puck if the winning bid is greater than or equal to $500 . after bidding closes, the last bid stands at $501 . nicole experiences a.

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)