Answer:
The answer is: A) $15
Explanation:
Consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price of the product.
Andrew was willing to pay up to $45 for the potato cannon and its price was only $30, so the consumer surplus is $15.
Answer:
false
Explanation:
i don't about it but i have never saw a Stadium parking
This would be a business plan. Business plans are proposals that outline the basics of the new business, including where the business will be, how the business will be run, and the financial resources required.
Answer:
E) are causes of variation that can be identified and investigated.
Explanation:
Assignable causes is a statistical process that could be undertaken to identify the causes that have been incidental to the variations, thereby evaluating the same
The kind of table which lists the quantity of a good that an individual person will buy at different prices is the market demand schedule.
Answer: Option D
<u>Explanation:</u>
A market demand schedule, is therefore a table of lists that lists the quantity of a good that a consumers will buy at every different prices in a market.
A market demand schedule, thus, for a product, indicates that the relationship between the quantity demanded of the product and the price of the product which is in inverse relationship.
The similar term is the demand schedule which enlist the quantity of the goods or product which is demanded at various prices in the market.
The difference lies between the market demand schedule and demand schedule is the process of buying as the quantity demanded and the quantity of goods that will be bought.