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
<span>As the demand for goods and services decrease, then job growth would obviously decrease (B) as well. This is simply because as demand for goods and services lessen, then companies will have to either cut costs or find new demands. In the process of cutting costs, then jobs are also being lessened as well. If there is small demand for goods and services, then there is also a small demand for manpower as well. So job growth will decrease</span>
Answer:
Louis-Napoleon took command of the army and freed all military prisoner
Explanation:
no because you never say the word 'why' we don't have any explanation
Answer:
The Marshall Plan, or European Recovery Program, was an American initiative to help rebuild the economy of Western Europe after World War II. It was determined that the aid should stress “the raising of European production and consumption through the economic and functional integration of Europe” (Maier, 1991, p. 9).
