Answer: consumer surplus
Explanation:
The difference between the maximum amount a person is willing to pay for a given quantity of a good and the amount actually paid for that quantity is known as consumer surplus. On a supply and demand curve, it is the area between the equilibrium price and the demand curve. For example, if you would pay 76 dollars for a cup of tea but can buy it 50 dollars, your consumer surplus is 26 dollars
Answer:
In 1714, Dutch scientist and inventor Daniel Gabriel Fahrenheit invented the first reliable thermometer, using mercury instead of alcohol and water mixtures. In 1724, he proposed a temperature scale which now (slightly adjusted) bears his name.
Explanation:
Georgia was an ideal place for military training camps for a number of reason.
The chief reason was/is climate. Georgia has a mild climate, enabling training year round.
Georgia has also had strong politicians enabling base protection and financial investment.
Answer:
The correct answer is C) Logical Thought.
Explanation:
Logical thought or logical thinking is a set of cognitive processes in which a person uses reasoning in a consistent manner with the goal of forming conclusions.
There are mainly two types of logical reasoning one called deductive and the other one is called inductive. Both allow the individual to come to certain conclusions.
In this particular case, the act of negotiating trades and developing strategies for improving collections are important exercises in that type of reasoning.
Therefore the correct answer is C) Logical thought.
