1a. At the market equilibrium, calculate consumer surplus. Consumer surplus is $ nothing. 1b. At the market equilibrium, calculate producer surplus. Producer surplus is $ nothing. 2. Is the market for sunscreen efficient? Why? The market for sunscreen efficient because . A. is not; total surplus is not maximum B. is; consumer surplus exceeds producer surplus C. is; total surplus is maximum D. is not; consumer surplus does not equal producer surplus

Diggity dank corporation uses an activity-based costing system with two activity cost pools. diggity dank uses direct labor hours as the measure of activity in the first activity cost pool and the number of orders in the second activity cost pool. the following information relates to these two activity cost pools for last year: what was diggity dank's under- or overapplied overhead for last year? a. $17,000 overapplied b. $20,000 underapplied c. $27,000 underapplied d. $73,000 overapplied

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?