Which of the following is NOT a factor of? production?
A. Wilderness areas that have yet to be developed
B. 175 shares of Microsoft stock
C. A person developing a production schedule for a new product
D. Vans used by a bakery company for deliveries
Which of the following statements best describes the concept of consumer? surplus?
A. "I sold my? Blu-ray copy of ?Ben-Hur for? $18 at a garage sale even though I was willing to sell it for? $10."
B. ?"I paid? $130 for a printer last week. This week the same store is selling the same printer for? $110."
C. ?"I was all ready to pay? $300 for a new leather jacket that I had seen in? Macy's but I ended up paying only? $180 for the same? jacket."
D. "Safeway was having a sale on Dreyers ice cream so I bought 3? quarts."