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.
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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________
Neuroleptics are type of drugs that help the brain in processing the following: B. Dopamine.
<h3>What is a drug?</h3>
A drug can be defined as a type of chemical substance that is designed and developed to improve and provide wellness and healing to a sick person.
<h3>What is a brain?</h3>
A brain can be defined as a delicate internal organ of soft-nerve tissue that is primarily found within the skull of vertebrates, and it's mainly responsible for the coordination of nervous activities, sensation and intellect in living organisms.
Based on medical records and information, we can infer and logically deduce that neuroleptics are type of drugs that help the brain in processing dopamine levels in a living organisms, so as to enable them:
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Complete Question:
Neuroleptics are drugs that help the brain process which of the following?
A. Norepinephrine
B. Dopamine
C. Epinephrine
D. Serotonin
(Probability of getting 5 out of 10 question correct ) = 5/10
= 1/2
Answer:
C. head of household
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
In the United States of America, a head of household is a tax filing status for taxpayers that are saddled with the responsibility of paying more than half of the support and housing expenses (costs) of a qualifying person for at least a year. Also, to be eligible to file as a head of household, the taxpayer must be single or unmarried at the end of the year.
Generally, a head of household gets a lower tax rate and higher standard deductions than other taxpayers.
In this scenario, Monique is a single mom who is raising her three young children on her own. When she files her taxes this year, the tax status that will best fit her situation is head of household because she's solely responsible for catering to the needs of her kids.
I believe it is 700N Right
