1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet-ann [11.9K]
3 years ago
7

Suppose that the price of a donut is​ $1 each. Lorena is willing to pay​ $2 for the first​ donut, Ricky is willing to pay​ $1.80

for the second​ donut, Jennifer is willing to pay​ $1.50 for the third​ donut, and Betty is willing to pay​ $1.20 for the fourth donut. In​ equilibrium, what is the total consumer surplus from the consumption of​ donuts?
Social Studies
1 answer:
Lyrx [107]3 years ago
6 0

Answer: The answer is $2.5

Explanation:

First donut surplus

$2- $1= $1

Second donut surplus

$1.80 -$ 1= $0.80

Third donut surplus

$1.50 -$ 1= $0.50

Fourth donut surplus

$1.20 - $1= $0.20

Total surplus = $1 + $0.80 +$0.50 + $0.20 = $2.5

You might be interested in
​laws that prohibit discrimination based on race, gender, or religion in the workplace primarily serve the function of
Lapatulllka [165]
Serve the function of advocating social justice. This concept was born from the need to provide social equity; all must have social equity, labor, economic and health opportunities. Governments are responsible entities to provide social justice.

I hope this information can h
4 0
3 years ago
Why did the colonist build communities on or near a river
d1i1m1o1n [39]
Rivers supplied not only water for the colonist, but transportation which also led to trade. Also a lot of wild life are around river which gave them food also weather it be fish in the rivers or animals that come to the river to drink. So rivers provided water, transportation, and food.









3 0
3 years ago
Names of people who had died from motorcycle wreck in last three months
crimeas [40]
Http://www.accidentsinus.com/Victims/ 
Great website (not in that way) shows accidents and injuries data for the US.
8 0
3 years ago
Which stage direction or line of dialogue from this
ArbitrLikvidat [17]
I think it’s A) Slams the ball into his glove angrily.

This shows Eugene’s feelings (and ultimately his perspective) of the event that is occurring around him. The word “angrily” shows that he isn’t happy with what is going on.
6 0
3 years ago
Read 2 more answers
The northern part of the Midwest is referred to as the “rust belt” because of its cold temperatures and generous precipitation.
S_A_V [24]
False the rust belt is known as that because of economic decline
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which Georgia governor is being described by these statements? -As state agricultural commissioner, he used the newspaper of his
    14·2 answers
  • Jiang wants to sell his products manufactured in his country to Consumers and several other Asian countries this will involve hi
    6·1 answer
  • Central claim: genetically modified foods should be illegal because they cause many health problems.which reason best supports t
    6·2 answers
  • Which of the following statements regarding explicit memory is FALSE? Select one: a. Explicit memory is often tested by recall t
    9·1 answer
  • How do I use this app
    14·1 answer
  • THE FIRST 2 PEOPLE WHO ANSWER GETS BRAINLEST!!!!!
    5·2 answers
  • When a company is doing well, a portion of its profits may be split among stockholders in the form of __________.
    11·2 answers
  • What role did he play in down fall of Mughal Empire?
    15·2 answers
  • What do the halloween colors orange and black represent?
    9·1 answer
  • Ingrid is energized by crowds. She enjoys socializing and speaks loudly and quickly. Carl Jung would label her as an:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!