When a company sells used equipment for a loss, the net profit margin percentage is unaffected.

What is the welfare impact of a subsidy policy?

A) Producer surplus increases, consumer surplus declines, and total welfare declines.
B) Producer and consumer surplus increase, and these gains are larger than the government cost.
C) Producer and consumer surplus increase, and these gains are smaller than the government cost.
D) Producer surplus increases, consumer surplus declines, and total welfare increases due to the subsidy program.

Describe the concept of assertiveness.

The inverse demand function for grapefruit is defined by the equation p  122  4q, where q is the number of units sold.The inverse supply function is defined by p  8  2q.A tax of $12 is imposed on suppliers for each unit of grapefruit that they sell.When the tax is imposed, the quantity of grapefruit sold falls to

A) 15
B) 13
C) 19
D) 17
E) 18.

Kim and Lyle are partners in K&L Sales, which exports technical equipment. If Congress declares that the equipment can no longer be exported, K&L

A) can continue its business for one twelve-month period.
B) can continue its business indefinitely.
C) dissolves immediately unless the partners change its business.
D) is immediately subject to criminal prosecution and penalties.

By linking values and actions, the organization taps into some of the strongest and deepest realms of the individual.