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:
I believe that it is Munich.
Explanation:
Answer:
The Magna Carta and the English Bill of Rights greatly influenced American ideas about government. The Magna Carta contained the ideas of limited government and common law, and it influenced constitutional ideas about limited government, habeas corpus, and the Supremacy Clause.
Explanation:
So its A
The correct answer for the question that is being presented above is this one: "C. They studied the ancient arts of philosophy, history, science and literature, and they applied these studies to their own lives." Renaissance scholars were called humanists because they were less concerned about mysteries of heaven and more interested in the world and humans around them.
Here are the following choices:
A. They took God out of the center of their lives and replaced Him with humanity.
B. They based all of their studies on direct observation of nature and did not offer opinions about religious matters at all.
C. They studied the ancient arts of philosophy, history, science and literature, and they applied these studies to their own lives.
<span>D. Although their work advanced science and philosophy, it had little impact on artists or religious leaders of the time. </span>
Answer: On October 1, 1949, Chinese Communist leader Mao Zedong declared the creation of the People’s Republic of China (PRC). The announcement ended the costly full-scale civil war between the Chinese Communist Party (CCP) and the Nationalist Party, or Kuomintang (KMT), which broke out immediately following World War II and had been preceded by on and off conflict between the two sides since the 1920’s. The creation of the PRC also completed the long process of governmental upheaval in China begun by the Chinese Revolution of 1911. The “fall” of mainland China to communism in 1949 led the United States to suspend diplomatic ties with the PRC for decades.