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.
I think it is a Carpenter absolutely
Answer: ¢4. 8
Explanation:
Power consumed = 200 watt
= 200/1000 = 0.2kw
The bulb lights for 8 hrs a day for the month of april,
April has 30 days, therefore total hrs = 8 x 30 = 240 hrs
Energy usage = 0.2 x 240 = 48 kWh
At the rate of ¢0.10/kWh, total cost will be;
0.1 x 48 = ¢4.8
