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:
The answer is given below.
Explanation:
Religion played a crucial role in the Roman Empire and the Han Dynasty in China to bring stability in society. Before Christianity, the Roman Empire practice worshipping several goods as they favoured. By the arrival of Christianity, they now relied on a single religion with no conflict to who they should worship. It brought political stability and helped them spread their empire and introduce Christianity in far places like Spain, Britain, etc.
Buddhism reach China through the Silk Road and by Chinese travellers who reach India to get knowledge. Confucianism and Buddhism ideology gave stability in the society by introducing basic rules which allowed political stability with no conflict over rituals and customs.
None of the above
i know koalas dont reside within Antarctica.
and a eucalyptus is a plant... that grows off trees... not many trees in Antarctica.
They faced smallpox, low supplies, little to no food, and the bitter cold.<span />