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:
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American Foreign Policy
STUDY
PLAY
1) What was Washington's view of what US foreign policy ought to be? Why did he argue that nations should avoid antipathies and passionate attachments toward other nations? What should guide US foreign policy? Why?
He believed that the United States should have good relations with all countries but they should have not attachment to said countries. He believed that attachment to other countries would draw them into a war that they had no common interest being involved in. Antipathies also led to more frequent collisions and conflicts which is what the US did not want. Becoming friends with a stronger nation meant the weaker nation would become a satellite for the stronger one. In this case the US would be the weaker country and therefore the satellite. Promote trade and a commercial relationship but keep political connection at a minimum.
The US was weak at this time militarily and economically they had just been freed from British colonial control and needed trade only at this time
He believed that the United States should have good relations with all countries but they should have not attachment to said countries. He believed that attachment to other countries would draw them into a war that they had no common interest being involved in. Antipathies also led to more frequent collisions and conflicts which is what the US did not want. Becoming friends with a stronger nation meant the weaker nation would become a satellite for the stronger one. In this case the US would be the weaker country and therefore the satellite. Promote trade and a commercial relationship but keep political connection at a minimum.
The US was weak at this time militarily and economically they had just been freed from British colonial control and needed trade only at
Answer:
people held a riot so that the best city was the one that was picked.
Explanation:
I believe one of them is the Gettysburg Address