Answer: consumer surplus
Explanation:
The difference between the maximum amount a person is willing to pay for a given quantity of a good and the amount actually paid for that quantity is known as consumer surplus. On a supply and demand curve, it is the area between the equilibrium price and the demand curve. For example, if you would pay 76 dollars for a cup of tea but can buy it 50 dollars, your consumer surplus is 26 dollars
I think the second continental congress was to make peace with the king
Answer:
d. contestable markets
Explanation:
Hello! The theory of contestable markets says that a market may be vulnerable to competitive forces even if it is characterized by a monopoly or oligopolistic situation. These markets are those in which the short-term threats of potential competitors exert such a high level of pressure on established companies that their compartment is conditioned.
Answer:
first sentence "It occurs around July 21 every year" is false
Answer:
May I please have the options?
Explanation:
