Answer:
<h2>$80</h2>
Explanation:
Step one:
What is consumer surplus area?
"Consumer Surplus reflects the difference between what a consumer is willing and able to pay for a product, and what the consumer actually ends up paying.
"
<em>The area of surplus is calculated using the formula for the area of the bounded triangle.</em>
<em>Area of surplus =1/2 b*h</em>
<em>where b= the quantity </em>
<em> h= consumer surplus</em>
Step two:
given data
<em>the quantity </em>of tickets = 4
b=Q-O------------ (from the chart attached)
cost per tieckt= $15
Total cost of 4 tickets= 15*4= $60
the actual price is $60
Since you are willing to pay $25 per ticket
the total amount you are willing to pay is = 25*4= $100
Consumer surplus = y-p------------ (from the chart attached)
Consumer surplus = $100 – $60
Consumer surplus = $40
<em>Area of surplus = </em>1/2 x (4) x40 = $80
Answer:
hills if not hills than rivers
Explanation:
The supply side supplies the product for us the demand side
Answer:
Germany was a democratic country before Adolf Hitler rose to power. Investigate how a tyrant became Germany's Fuhrer. After Germany lost World War I and signed an armistice, civil and labor unrest grew in Germany. Politicians joined together to stop the uprising. The peace treaty required Germany to disband its army and pay war reparations. German nationalists and veterans thought the treaty was humiliating and the politicians and protesters had betrayed them. Hitler accused the Jews of subversion and war profiteering. The Nazis thought communism and capitalism were conspiracies against Germany. The economy collapsed. As chancellor, Hitler gained emergency powers.
Explanation:
hope this helps
B. He improved the steam engine, allowing it to be used in many
industries
Explanation:
- The first steam engine was built in 1698, and by the time Watt was born, the machines, perfected by Thomas Newcomen, were already pumping water from mines throughout the country.
- Sometime around 1764, Watt was given a model of the Newcomen machine to repair it.
- Realizing that it was impossible to repair her, he began to work to improve it.
- He added a separate condensation chamber that prevented excessive steam loss. He patented a new, improved model of a steam engine in 1769.
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