Answer:
The correct answer is C. the difference between the highest price a consumer is willing to pay and the price the consumer actually pays.
Explanation:
Consumer surplus arises from the law of diminishing returns. This means that the first unit to acquire we value it highly but as we acquire additional units our valuation falls. However, the price we pay for any unit is always the same: the market price. In this way, we enjoy a positive surplus of the first units we acquire until we reach the last one in which the surplus will be zero.
In graphic terms, consumer surplus is measured as the area below the market demand curve and above the price line. The demand curve measures the amount consumers are willing to pay for each unit consumed. Then, the total area below the demand curve reflects the total utility of consumption of the good or service. If the price we pay for each unit is subtracted from this area, the consumer surplus is obtained.
Answer:
X-rays can be used to see what areas of a bone a broken or injured. It helps understand what parts of the body may have injuries.
Hope this helps.
The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is
A. 2001
<h3>Compound Interest Calculation</h3>
(about 11 years 3 months)
First, convert R as a percent to r as a decimal
r = R/100
r = 6.2/100
r = 0.062 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )
t = 11.209 years
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You never decide bewteen whatever the 2 things were
The two career pathways that imogene is best suited for is: National Security and Governance.
<h3>What is National Security and Governance?</h3>
National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.
Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.
Therefore The two career pathways that imogene is best suited for is: National Security and Governance.
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