$29 will be their consumer surplus.
Consumer surplus is the difference between how much a consumer is willing to pay and how much a consumer actually does pay.
$12.00 + $15.00 + $23.00 = $50.00 (How much the consumer actually pays)
$23.00 + $26.00 + $30.00 = $79.00 (How much the consumer is willing to pay)
$79.00 - $50.00 = $29.00 (Consumer surplus)
M=y2-y1/x2-x1
m=12-4/-6--2
m=8/-4
m=-2
Given A and B are points in nth dimensions.
E.g. (a1, a2, ..., an), (b1, b3, ..., bn)
The vector from point A to point B is given by B-A.
Taking the modulus or magnitude of this will give us the distance.
Therefore distance = || B-A ||
Answer:
x=2
Step-by-step explanation:
Answer:
d-all of these options are valid interpretations of this graph
Step-by-step explanation:
Logarithmic scales are not linear, and they are used for large range of possitive numbers. The value represented by each equidistant mark on the scale is the value at the previous mark multiplied by a constant, in this case 10.
So, in large islands, large incresaes have a small effect ( the distance is the same from islands thas has 100 to 90 square miles, than for 2 islands measuring 10 to 9).
