Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day.
Refer to Table 7-5. If the market price of an orange is $0.65, then consumer surplus amounts to <u>$3.60</u>
<h3>What
is consumer surplus?</h3>
Consumers' surplus is a measure of consumer welfare and is defined as the excess of social valuation of product over the price actually paid. It is measured by the area of a triangle below a demand curve and above the observed price. Since there is willingness to pay.
Therefore, the correct answer is as given above.
learn more about consumer surplus: brainly.com/question/380921
#SPJ1
The complete question goes thus:
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day.
Refer to Table 7-5. If the market price of an orange is $0.65, then consumer surplus amounts to________
I'm really sorry but you didn't gave any options...
Answer: dependence or addiction.
Explanation: Hoped the helped!!!!
The thing that can be said if world statues were often believed to have had an ambiguous, porous relationship to life is: Statues could stand in for the bodies of dead individuals in rituals and ceremonies.
<h3>What is a Statue?</h3>
This refers to the monument or sculpture that is made to venerate or honor a person; living or dead.
Hence, we can see that based on the ancient use of world statues, it was believed that they had an ambiguous, porous relationship to life and thus, it can be surmised that statues could stand in for the bodies of dead individuals in rituals and ceremonies.
Read more about statues here:
brainly.com/question/2170519
#SPJ1
Answer:
1. Hailstones are formed when raindrops are carried upward by thunderstorm updrafts into extremely cold areas of the atmosphere and freeze. Hailstones then grow by colliding with liquid water drops that freeze onto the hailstone's surface.
2. It's slightly complicated to me because you have to take into consideration the change in pressure as well as the geometric growth of the volume of a sphere as you increase the radius.
3. When you are measuring the air temperature, be sure to have the thermometer in the shade. If the sun shines on the thermometer, it heats the liquid. Then the reading is higher than the true air temperature. Also, when you take the thermometer outside, give it enough time to adjust to the outdoor air temperature. That might take several minutes.
Hope that helps (:
Explanation:
