Suppose there are three identical vases for sale. buyer #1 is wiling to pay $30 for one, buyer #2 is willing to pay $25 for one, while buyer #3 is willing to pay $20 for one. if the market price is $25, how many vases will be sold and what is the value of consumer surplus in this market?

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

An economic theory that calls for workers to take control of factories is .

Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is: