Answer:
Yes
Explanation:
Only for help though not for cheating.
Answer:
-$19.
Explanation:
From the question, we are given the following parameters or data and they are;
=> The Amount Kathy paid = $15.
=>The amount that Kathy was willing to = pay $ 18.
=> Price of new book= $ 37.
Therefore, we will make use of expression below to calculate the value for the Consumer surplus.
Consumer surplus = MP – AP -----(1).
Where MP = maximum price a consumer is willing to pay = $18 and AP = Actual price of a particular goods or commodity = $37.
Consumer surplus= $18 - $ 37 = -$19.
Answer:
It is a symbol for a value that you don't know yet it is commonly written as a letter for example x or y.
Explanation:
Overseas markets expanded as the colonists increased their production levels and supplies. Their imports also grew throughout the 18th century, as increasingly prosperous,and numerous,colonists expanded their demand for food and manufactured goods.
They also wanted to resist to Parlimentary taxation,the colonists sought to control their economic clout as one unified body. Boycotting was one of the first and one of the most important methods they employed,starting with all the merchants who pledged to refuse all of Britain’s goods in 1765 until the Stamp Act was repealed
Afterwards:The war had disrupted much of the American economy. On the Oceans the British navy had great superiority and destroyed most American ships, crippling the flow of trade.On the land, where both armies regularly stole from local farms in order to find food, farmers also suffered tremendously.When the fighting came to an end in 1781, the economy was in a shambles. Exports to Britain were restricted. Further, British law prohibited trade with Britain's remaining sugar colonies in the Caribbean therefore two major sources of colonial-era commerce were eliminated. Then a flood of cheap British manufactured imports that sold cheaper than comparable American-made goods made the post-war economic slump even worse than it was. finally, the high level of debt taken on by the states to fund the war effort added to the economic crisis by helping to fuel rapid inflation.
